| Re: It saddens me that now a mortgage professional (Broker or Banker) has about the same credibility
Unfortunately there are one too many greedy brokers out there going down the tubes. I, for one, will never, ever go through a mortgage broker again. Directly to the lender, and that will avoid the infamous "kickbacks" which many of these unscrupulous brokers used to put people into the ARM loans from hell. I am going after the broker in my purchase who lied, cheated, and basically did just about everything corrupt she could do in our transaction. She was referred to me by an attorney I worked with at the time, and this broker was her sister's best friend. Naturally, I thought, she won't screw me over.....ha! She did not have an executed mortgage broker agreement (violation); she accepted a YSP (kickback) - (another violation); she brought a forged mortgage application to the title company several days after we closed (criminal conduct); shw switched the terms and rate on us from the fixed rate we applied for to the infamous 2/28 ARM and HELOC (major TILA violation). We had her investigated by the Office of Financial Regulation and they found she violated Florida Statutes. We sued her for fraud, unfair deceptive trade practices, forgery, etc. together with the lender and appraiser.
Until her broker license gets suspended and/or revoked, I will not stop going after this witch. I just found out about the forged document 10 days ago, and the Sheriff's office, Office of Financial Regulation and F.B.I. are now involved.
Fight for your rights!
Gigi |