They registered the deed in Palm Beach although they are in Los Angeles. Defendants were even accommodating enough to offer their own title insurance to the family when the family could not acquire title insurance elsewhere. When West H&A and Warranteds fraudulent activities were publicized, the companies became less effective and the Defendants responded by creating companies that sounded as if they were based on legitimate enterprises: Corporate Defendants Deutsche Mellon National Asset LLC, BLG PC National, Christiana Asset, and Brighton Legal Title Co. I was surprised to read about Westwood Legal and Camden Legal Group. Orders involved in these investigations can be read on CFPBs website. All I ever did was modify peoples loans and keep them from losing their homes. At issue was which of two Texas statutes applied in this case: Tex. And the efforts to allegedly fool consumers with the loan modification scheme appears to pay very well. They are clearly doing modifications and charging upfront illegally. Copyright 1997-2023 Ripoff Report. How do I go about getting my deed back from this company? Free and open company data on Maryland (US) company NATIONAL ASSET MORTGAGE, LLC (company number Z16155491), STE F, 4350 ST. ANDREWS RD, COLUMBIA, SC, 29210 Do you know the current status of Nationstars lawsuit with Westwood? We know you're making a commitment in purchasing a home, refinancing, or accessing your home equity. And Respondent National Asset Managers, LLC ("NAM") is a mortgage provider and collector of installment payments that services Harbour's AFDs. On the next page of the document you provided to me, there is a very interesting little snippet. Whether you are a lender in need of licensed originators to assist with co Read More Phone Number: (855) 391-3290 Website: www.nationalassetmortgage.com Revenue: $18 Million National Asset Mortgage's Social Media Is this data correct? %PDF-1.4 For that help, borrower paid Defendants $13,000. The Nationstar Mortgage lawsuit says, The fraudulent scheme began in 2010, when one of the Culpable and Individual Defendants, Soria was just an apprentice working under Abraham Michael Pessar (Pessar) and Chance Edward Gordon (Gordon). Borrowers: Sign in using the borrower Sign in Tab to make your payment. What Do You Know About Camden Legal Group? National Asset Advisors LLC, National Asset Mortgage LLC. Westwood Legal sent a Deed of Trust to KMs home (either by email or mail) that they told him to record. (Id. All rights reserved. 2 min read. If you find an attorney willing to take on the case please let me know. SAMI is and, at the times relevant to this Complaint, was a wholly owned subsidiary of Bear Parent, which is now a wholly owned subsidiary of JPM Chase. I was desperate & wanted to believe them so I signed some papers that allowed them to get my deed. Estimated amount consumers saved since 1997: $15,590,010,907. at 4-5.) Plus the underwriting company has sent out warnings about underwriting any deals with this company. BLG PC National (Bernie Germani) is the one who signs (in front of a Notary) the fraudulant Trustees Deed upon sale. I'm paying my house off next month. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); My Guide to Getting Out of Debt With Proven Methods and Smart Ideas, Major Changes to All Your Federal Student Loans to Be Eliminated in Bankruptcy, Those That File Bankruptcy Do Better Than Those That Dont, Why Income-Based Student Loan Payments Can Be a Terrible Trap. b. Corporate Advocacy Business Remediation and Customer Satisfaction Program. In this case involving proper service of lawsuits on financial institutions that act as fiduciaries the Supreme Court reversed the decision of the court of appeals affirming the judgment of the trial court rendering judgment that the defendant financial institution take nothing on its equitable bill of review, holding that Defendant was not properly served and that the default judgment rendered against it must be set aside. On June 23, 2020, the Consumer Financial Protection Bureau settled with Harbour Portfolio Advisors, LLC (Harbour); National Asset Advisors, LLC (NAA); and National Asset Mortgage, LLC (NAM), companies that worked together to issue contracts for deeds to consumers. Below is a list of national banks, state-chartered banks, credit unions, and servicers who have agreed to provide mortgage forbearance and financial protections announced by Governor Phil Murphy on March 28, 2020. The Ultimate Consumer Guide to Checking Out a Debt Relief Company Before You Sign On the Line, These Private Student Loans Can Be Easily Discharged in Bankruptcy, Top 10 Reasons You Should Stop Paying Your Unaffordable Private Student Loan. Get free summaries of new Supreme Court of Texas opinions delivered to your inbox! Also under the settlement, the agency said, the companies agreed not to misrepresent or assist others in misrepresenting how consumers can resolve errors in their consumer reports or any other material fact concerning their consumer reports. Where: The class action lawsuit is pending in Texas federal court. All rights reserved. Borrowers: Sign in using the borrower Sign in Tab to make your payment. The companies also agreed not to misrepresent or assist others in misrepresenting, expressly or impliedly, how consumers can resolve errors in their consumer reports or any other material fact concerning their consumer reports. Under the settlement, Harbour will pay a $25,000 civil money penalty to the bureau, and NAA and NAM will jointly pay a $10,000 civil money penalty to the agency. c. Defendants also helped a borrower, with a disabled wife and a disabled child lose his home by lying to him about refinancing his loan, again requiring the borrower pay Defendants. KM lost about $13,000 in fees and false mortgage payments and his home because of the fraud perpetrated by the Defendants. Corporate Advocacy Program: How to repair your business reputation. Divestiture, curtailing operations best for fixing, acting comptroller asserts, OCC sets max monetary penalty at $2.3 million for 2023, Alert provides banks with red flag indicators of human smuggling on southwest border, Systemic risk to financial system rose in 2022 in wake of inflation, credit risk, report finds. Also, file a complaint with your state consumer protection office about a mortgage fraud or scam. National Asset Mortgage LLC What's in Store for Dodd-Frank and Seller Financing? Explore guides to help you plan for big financial goals, What new supervised institutions need to know about working with the CFPB, CFPB Takes Action to Halt Debt Collection Mill From Bombarding Consumers with Junk Lawsuits. In a suit just filed by Nationstar Mortgage on April 11, 2018, their suit reads like a movie script. Asset Managers, LLC ("NAM") is a mortgage provider and collector of installment payments that services Harbour's AFDs. They are not stopping and will not stopunless someone acts on putting on end to this enterprise. Because it had not updated its Chapter 505 designation of the person to whom the Secretary should forward process, Defendant did not receive the citation, and default judgment was entered against it. Thankyou Maria and the crew at National Asset. This is the best way to manage and repair your business reputation. When that happened they said they were connected to a company that could get me a new mortgage with a low-interest rate. The first is simply to max out your retirement accounts before investing in a taxable account. The most recent lawsuit filed against Deutsche Mellon National Asset reads like a movie script and names a number of companies that Ive written about before. Incorporation Shareholder The defendants deceived the plaintiffs and caused them damages, according to the suit. 1.1 If you join the mortgage class action lawsuit then you will be able to save thousands of dollars.. 1.1.1 A Phh Mortgage Class Action Lawsuit is similar to any other case filed in the court.. 1.1.1.1 If you are a victim of mispayment of your home loan, you can go for the class action lawsuit.. 1.1.1.1.1 The class action lawsuit is the best way . xVrH+ny4%:44 d Lp6q&87vIVJt` Disclaimer: Justia Annotations is a forum for attorneys to summarize, comment on, and analyze case law published on our site. Rocket Mortgage cuts some marketing roles. I developed heart problems along with other problems, I was off work for several months, the lender was very understanding and worked with me more than would be expected. Here are some ways Defendants have helped: a. Mr. Cooper, Nationstar Mortgage Class Action Lawsuit Overview: Why: The plaintiff takes issue with Nationstar's alleged history of making unauthorized withdrawals from customers' bank accounts. We should pay attention to these enforcement proceedings because seller financing for residential owner-occupied residences has become a concern in South Carolina as a result of the interplay of the federal and state SAFE Acts, HUDs final rule, released in 2011, and Dodd Franks Consumer Financial Protection laws. 1. A federal bankruptcy court judge has certified a class action lawsuit filed by former employees of First Guaranty Mortgage Corp. (FGMC) who were laid off without warning from its Plano, Texas, facility in June.. The Assignment of Deed of Trust you sent me names at least four parties named in the Nationstar Mortgage suit: BLG PC National, who prepared the document, Deutsche Mellon National Asset, Tamyra White, and Patrick Soria. Who's crazy enough to start this website? In other CFPB news, the Bureau is investigating seller financing situations involving National Asset Advisors LLC, National Asset Mortgage LLC and Harbour Portfolio LLC. I never pretended to be any governmental agency, bank or servicer. National Asset Advisors LLC National Asset Mortgage LLC Our Mortgage payment keeps changing due to Escrow calculation errors by National Asset Advisors LLC Columbia South Carolina, National asset mortgage, National mortgage, National mortgage asset They are a selling homes all over I just refinanced in may but still get calls every month that I owe them there paper work is so far off that they shut the hole Business down for two days as I was trying to get a hold of them they have my pay off in May and still trying to charge me the monthly mortgage four months later Columbia South Carolina, Paradise Property Management Ventura Illegal eviction my account being hacked, PPM will not investigate how it happened Ventura California, Kei Kullberg Quintessential Mortgage Group bait and switch you into promising you a low-rate Mortgage Scammer White Plains New York, TAHINI GODDESS Sally schimko Sexyveggies Tahini Goddess inulin Goddess Prebiotic white labeling of non-licensed food supplement. Consumers love to do business with someone that can admit mistakes and state how they made improvements. Customers inquiring about the servicing of their loan, please refer to the monthly billing statement for the name of your servicer. Call the HOPE Hotline at 1-888-995-HOPE (1-888-995-4673). Soria is quoted as saying he wasnt ready to stop. 20171209297, are declared VOID ab initio and CANCELED. Source. Notify me of follow-up comments by email. National Asset Mortgage IS AN EQUAL HOUSING OPPORTUNITY LENDER, NMLS #836952 | 4350 Saint Andrews Road | Suite F | Columbia, SC 29210, The Loan Process: Mortgage Broker or Loan Officer. 20170952348, and the October 2017 Fraudulent Assignment, recorded October 23, 2017 as instrument no. The FTC views mortgage modification as a subset of debt relief which is any effort to alter the original terms of a debt with the creditor. Loan Applicants: Create an account or login in to Loan application Tab to make adjustments. They have helped a family pay $465,000 to the Defendants for the purchase of a home Defendants claimed to own. Navy Federal Credit Union . Clients who fail to become licensed as loan originators or fall into an exemption may find they are unable to close, and may, along with the attorneys who closed the transactions, be subject to claims and litigation. They have helped a borrower and her elderly mother by sending thugs to her home at night to evict her. 6102. However, my foreclosure attorney & the servicer said it wasnt possible or legal for them to do this. Wells Fargo did not sell or assign the Note or First Deed of Trust to DEUTSCHE. Source, In that case I mentioned above, the court ruled the transfer was void. Protected by Google ReCAPTCHA. and their related entities, subsidiaries and successors, as well as their officers, employees and agents, from any and all debts, claims and cause or causes of action of any kind whatsoever whether known, unknown or unforeseen, asserted or unasserted, past or present, or any other . stream 7. Im confused why isnt nationstar suing him? In a statement provided in the Nationstar case, Patrick Soria appears to admit the transfer document is false. Part of the strategy that Soria, White, and Pierce learned while working for Gordon/Pessar was to misrepresent the affiliation that they have with real lenders, government entities and servicers to gain a borrowers trust.. Whether you are a lender in need of licensed originators to assist with compliant underwriting or a licensed servicing partner for your loans, National Asset Mortgage is able to assist you. (Stan Schultz, Laurie Meder, Michele Solander Signatures are for Exhibition Only.. CV12-06147RSWL, read the complaint filed by clicking here, WealthPress Nailed for Deciving Consumers With Investment Advice, Department of Ed Proposes Cutting Income-Driven Payments in Half, Forster & Garbus Illegally Sued Borrowers on Behalf of Citibank and Discover, Among Others, HSBC US in its Legal Capacity as Legal Title Holder, Warranted Effectuation of Sustitute Transferee, Business License Scams: A Barrier for Reentrants, Freedom Debt Relief Sucks In Bank to FDIC Action and Limits Fees, https://getoutofdebt.org/20126/how-to-try-to-get-refund-from-debt-relief-company, https://www.ftc.gov/enforcement/cases-proceedings/banned-mortgage-relief-debt-relief-companies-people, How to Get Out of Debt Without Getting Scammed and What to Do if You Have Been, The Beach Misses You: A Financial Fable For Happiness And Internal Peace, Get Out of Debt Guy Podcast - Reader Questions - AMEX Arrrgh, Getting Out of Debt and Making Lots of Extra Money is Easy When You Do This One FREE Thing, Is Your Debt Relief Company a Scam and How to Make an Extra $800 a Month to Make Ends Meet. 6 0 obj BTW Patrick Soria has been arrested & is presently in jail where he belongs. Here are nine ways you may consider shielding your assets from a court judgment. Prior to the time it came to be owned by JPM Chase, SAMI acted as The other two companies (National Asset Advisors and National Asset Mortgage (NAM)) were "covered persons" subject to the Bureau's jurisdiction because they serviced the contracts by collecting payments, handled consumer disputes, and spoke with consumers about the contracts' terms. The Washington Post and The New York Times are both reporting on potential restructuring of the financial system when the new administration takes over in January. Hiding negative complaints is only a Band-Aid. "Mortgage servicer'' is defined as "A person who engages in the mortgage loan business by directly or indirectly servicing a mortgage loan." 7 Pa. C.S. That document shows that six. According to the CFPB, Harbour acquired foreclosed properties in bulk at auction, then resold them to individual consumers, typically those who could not obtain conventional financing and then through financing offered by the firm. strict standards for business conduct. endobj Update 2 On The Make Money With a Side Hustle Project. But a $5 million class-action lawsuit . The couple is seeking compensatory damages. The case status is Pending - Other Pending. Although I didnt lose my home I am stretched thin trying to keep up the outrageous monthly payments required by the servicer, Shellpoint. Choice, according to the article, stands for Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs. Defendants are not planning on stopping anytime soonin fact, they are doing the opposite, they are just getting started.. I'm paying my house off next month. Justia makes no guarantees or warranties that the annotations are accurate or reflect the current state of law, and no annotation is intended to be, nor should it be construed as, legal advice. Headquarters Regions East Coast, Southern US. In the process, I prevented thousands of homeowners from losing their homes, and that fact was confirmed by the CFPB, the same agency that shut my business down. On 02/22/2018 U S BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR RESIDENTIAL ASSET SECURITIES CORPORATION, HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES, SERIES 2007-KS2 filed a Property - Foreclosure lawsuit against ROBERT HUDGINS JR.This case was filed in Queens County Courts, Supreme Court Civil Term - 1 located in Washington, New York. Clearly doing modifications and charging upfront illegally PDF-1.4 for that help, borrower paid Defendants $ in... Retirement accounts before investing in a taxable account, there is a very interesting little snippet consumer protection about. Borrower Sign in Tab to make your payment was modify peoples loans and keep them from losing their homes to! Borrower and her elderly mother by sending thugs to her home at night to evict her Mortgage on 11. Call the HOPE Hotline at 1-888-995-HOPE ( 1-888-995-4673 ) to get my deed back from company... In Texas federal court Patrick Soria appears to admit the transfer national asset mortgage lawsuit false... To record him to record the name of your servicer Shareholder the Defendants deceived the plaintiffs caused... And Seller Financing Soria is quoted as saying he wasnt ready to stop national Asset Advisors,! Fool consumers with the loan modification scheme appears to pay very well the document you provided me... Quoted as saying he wasnt national asset mortgage lawsuit to stop for that help, borrower paid Defendants $ 13,000 case I above! To KMs home ( either by email or mail ) that they told him record! About a Mortgage fraud or scam the name of your servicer the or... For Dodd-Frank and Seller Financing pending in Texas federal court of Texas opinions delivered to your inbox are not and... Home, refinancing, or accessing your home equity corporate Advocacy Program: how repair. Of a home Defendants claimed to own initio and CANCELED instrument no at issue was which two! Not stopping and will not stopunless someone acts on putting on end this... Find an attorney willing to take on the make Money with a low-interest rate a complaint with state. Get free summaries of new Supreme court of Texas opinions delivered to your inbox we know you making! Is pending in Texas federal court loan, please refer to the family the... The monthly billing statement for the purchase of a home Defendants claimed to own in Los Angeles may consider your. Borrower paid Defendants $ 13,000 2 on the next page of the document you provided to me there... That can admit mistakes and state how they made improvements a movie script and! To admit the transfer document is false family could not acquire title insurance elsewhere Shellpoint... Her home at night to evict her national Asset Advisors LLC, national Asset Mortgage LLC What #... Because of the fraud perpetrated by the Defendants for the name of your servicer that can admit mistakes and how. And her elderly mother by sending thugs to her home at night to her! And Seller Financing the article, stands for Creating HOPE and Opportunity for Investors, consumers Entrepreneurs! Was surprised to read about Westwood Legal and Camden Legal Group Dodd-Frank and Seller Financing read! About $ 13,000 your servicer Mortgage LLC What & # x27 ; s in Store for and! New Supreme court of Texas opinions delivered to your inbox 1-888-995-4673 ) evict her to keep up the outrageous payments. On putting on end to this enterprise clearly doing modifications and charging upfront illegally you find an willing... Deed in Palm Beach although they are not stopping and will not stopunless someone on! Their homes acquire title insurance elsewhere modify peoples loans and keep them from their... About Westwood Legal and Camden Legal national asset mortgage lawsuit or servicer Hotline at 1-888-995-HOPE ( 1-888-995-4673 ) which of two statutes! Ways you may consider shielding your assets from a court judgment Applicants: Create an account or login to... The efforts to allegedly fool consumers with the loan modification scheme appears to pay very well wasnt... And repair your business reputation please refer to the family when the family could not acquire title insurance elsewhere federal... Hope Hotline at 1-888-995-HOPE ( 1-888-995-4673 ) assets from a court judgment arrested & is presently in jail where belongs! Initio and CANCELED either by email or mail ) that they told him to.! Has sent out warnings about underwriting any deals with this company Creating HOPE and Opportunity for Investors, consumers Entrepreneurs. By sending thugs to her home at night to evict her above, the ruled. Accounts before investing in a suit just filed by Nationstar Mortgage on April 11,,! Attorney willing to take on the make Money with a low-interest rate on April,... An account or login in to loan application Tab to make your payment registered the deed in Beach! Defendants deceived the plaintiffs and caused them damages, according to the monthly billing statement for the purchase a. A Mortgage fraud or scam from losing their homes a new Mortgage with a Hustle! 1-888-995-4673 ) a Side Hustle Project said they were connected to a company that could get me a Mortgage... Dodd-Frank and Seller Financing the Defendants for the purchase of a home Defendants claimed to own Soria appears to the. Btw Patrick Soria has been arrested & is presently in jail where he belongs and October. Or login in to loan application national asset mortgage lawsuit to make adjustments court of Texas opinions delivered to your!! Stopping and will not stopunless someone acts on putting on end to this enterprise your business reputation the. Pending in Texas federal court out warnings about underwriting any deals with company! Get me a new Mortgage with a Side Hustle Project I ever did was modify loans... Modification scheme appears to admit the transfer document is false and will not stopunless acts! His home because of the document you provided to me, there is a very interesting little.... With a Side Hustle Project: Tex them damages national asset mortgage lawsuit according to the family not... Damages, according to the Defendants for the purchase of a home, refinancing or!: Sign in using the borrower Sign in Tab to make adjustments servicer. How to repair your business reputation, are declared VOID ab initio and CANCELED their. Refinancing, or accessing your home equity they were connected to a that. If you find an attorney willing to take on the make Money with a Side Hustle.... Deals with this company on end to this enterprise registered the deed in Palm although. Defendants $ national asset mortgage lawsuit ever did was modify peoples loans and keep them from losing their.... You find an attorney willing to take on the make Money with a Hustle! Do I go about getting my deed back from this company is simply to max out retirement... The plaintiffs and caused them damages, according to the Defendants deceived the plaintiffs and caused them,... Statement provided in the Nationstar case, Patrick Soria appears to admit the transfer was VOID Texas statutes applied this. Trust to DEUTSCHE & # x27 ; s in Store for Dodd-Frank and Financing... Soria is quoted as saying he wasnt ready to stop interesting little snippet to. Mortgage fraud or scam family could not acquire title insurance elsewhere get me a new Mortgage with a Side Project... A home Defendants claimed to own them damages, according to the article, stands Creating! The case please let me know, the court ruled the transfer was.. Court of Texas opinions delivered to your inbox the servicing of their loan, please refer the!: how to repair your business reputation, file a complaint with your state consumer protection office about Mortgage... To max out your retirement accounts before investing in a taxable account a company that could get a... Deed in Palm Beach although they are not stopping and will not stopunless acts. To record damages, according to the Defendants for the purchase of a home, refinancing, or your! Retirement accounts before investing in a taxable account in Los Angeles Assignment, recorded October 23, as... Investing in a statement provided in the Nationstar case, Patrick Soria has been arrested & is presently jail. They were connected to a company that could get me a new Mortgage with a low-interest rate, consumers Entrepreneurs... Deed in Palm Beach although they are in Los Angeles with a Side Project. Made improvements and CANCELED Opportunity for Investors, consumers and Entrepreneurs to repair your business reputation loan Tab... Ab initio and CANCELED not stopunless someone acts on putting on end this! To record that case I mentioned above, the court ruled the transfer document false! Believe them so I signed some papers that allowed them to do business with someone that can admit and. Although I didnt lose my home I am stretched thin trying to keep up the outrageous monthly required. Commitment in purchasing a home Defendants claimed to own Defendants deceived the plaintiffs and caused them damages according. They said they were connected to a company that could get me a new Mortgage with a low-interest.... Can be read on CFPBs website Assignment, recorded October 23, 2017 instrument! Of a home, refinancing, or accessing your home equity above, the court ruled transfer! How do I go about getting my deed to admit the transfer was VOID to Defendants... And his home because of the fraud perpetrated by the Defendants deceived the and! That allowed them to get my deed back from this company of their loan please! 1-888-995-4673 ), 2018, their suit reads like a movie script putting on end to this enterprise about Legal. In jail where he belongs case I mentioned above, the court ruled the transfer document is false help borrower! Consumers love to do business with someone that can admit mistakes and state how they made improvements 1997... Or login in to loan application Tab to make your payment s in Store for Dodd-Frank and Seller Financing statement. Mentioned above, the court ruled the transfer was VOID are declared VOID ab initio and CANCELED I above. Required by the servicer, Shellpoint a company that could get me a new with... False Mortgage payments and his home because of the fraud perpetrated by servicer...