Rushmore Loan Management Warning! Can Rushmore Validate Your Debt?

Rushmore Loan Management Warning! Can Rushmore Validate Your Mortgage Debt? Probably Not!

rushmore loan management warning

Steve Dibert, CEO of internationally-renowned mortgage fraud investigation firm MFI-Miami, announced today that MFI-Miami has discovered serious flaws in the way Rushmore Loan Management validates debt owed by homeowners. As a result, MFI-Miami has issued a Rushmore Loan Management Warning to homeowners. 

MFI-Miami CEO Steve Dibert:

Homeowners need to request their complete mortgage transaction histories from Fay Servicing and review them. If there is missing information or if something doesn’t look right, they need to contact a lawyer or a properly trained mortgage fraud expert immediately!

MFI-Miami has examined nearly 50 transaction histories from mortgage loans currently serviced by Rushmore Loan Management since 2015. Nearly 30 of these contained serious accounting flaws in the transaction histories. These flaws would call into question the amount homeowners owe on their mortgages. Additionally, MFI-Miami’s team of Forensic CPAs have described Rushmore Loan Management transaction histories as everything from a mess to a trainwreck.

rushmore loan management warning

These flaws also include 5-year and 10-year gaps in the transaction histories. They also include conflicting payoff figures on payoffs dated the same day. As well as transaction histories with fictitious and inflated payments made to local taxing authorities.

Steve Dibert also said:

There is a definite pattern of impropriety going on here. I find it odd that one of the largest mortgage servicers in the US can’t do the basic 5th-grade math required to calculate an accurate payoff on a mortgage. 

Rushmore Loan Management Warning: Rushmore Allegedly Violated The FCRA 

In 2017, a Florida woman claimed proposed class action that defendant Rushmore Loan Management had committed numerous violations of the Fair Credit Reporting Act (FCRA). She alleged that Rushmore had a systemic practice of producing inaccurate consumer information.

The 13-page lawsuit alleges the woman was harmed after Rushmore furnished inaccuracies to two credit reporting agencies. She also alleges Rushmore did it for five consecutive months. The lawsuit claims Rushmore has committed 10 FCRA violations throughout the servicing of her mortgage. You can read the lawsuit here.

MFI-Miami has helped hundreds of people successfully fight Rushmore and stay in their homes.

MFI-Miami’s Rushmore Loan Management Helpline also works with some of the best litigators in the U.S.

Call us at 888.737.6344 or check us out on Facebook

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