Mortgage Critics

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Category: Business & Finances

Contact Information
320 N. Magnolia Ave. Suite B9 Orlando, F, Sanford/Orloando, Florida, United States

Phone number: 407 328-1010

Mortgage Critics Reviews

TRISHKEN March 10, 2010

OUT OF BUSINESS

THIS COMPANY WAS WORKING ON MY MORTGAGE MODIFICATION FOR MY HOME IN OVIEDO, FLORIDA AND ALL SEEMED TO BE GOING FINE UNTIL THE LAST MONTH OF 2009 WHEN MY CONTACT SUDDENLY STOPPED RETURNING PHONE CALLS. NOW THEY SEND A LETTER SAYING THAT THEY HAVE MOVED THEIR OFFICES TO ORLANDO BUT THEIR PHONES NO LONGER WORK AND THE COMPANY REPRESENITIVE DANA RUSSELL WILL NOT RETURN MY CALLS OR EMAILS. THEY HAVE MY MONEY (MY MISTAKE), AND WE ARE FEARING THE WORST THAT BOA WILL BE SENDING US THE DREADED FORCLOSURE LETTER. I WILL BE CONTACTING THE ATTORNEY GENERAL OF THE STATE OF FLORIDA TO FILE AN OFFICAL COMPLAINT AND WILL ALSO BE CONTACTING AN ATTORNEY TO FILE CIVIL CHARGES AGAINST "MORTGAGE CRITICS" TO HAVE MY MONEY RETURNED. IF YOU HAVE ANY THOUGHTS OF DEALINGS WITH THIS COMPANY "DON'T.<br />
KEN B

Victor Fuentes February 6, 2010

State charges 3 unlicensed Orlando loan modifiers

By Mary Shanklin, Orlando Sentinel

10:11 p.m. EST, February 4, 2010

The state Office of Financial Regulation launched a statewide campaign Thursday against unlicensed companies that are modifying mortgages, announcing charges against three Orlando businesses.

The administrative charges are the result of a new state requirement that all loan-modification services be licensed by the agency.

"The new laws help us safeguard consumers and protect them from becoming victims of financial fraud during these difficult economic times, " Commissioner Tom Cardwell said.

The companies charged are:

•Alpalo Inc., doing business as Alliance Processing, 8421 S. Orange Blossom Trail.

•Loan Modification Professional Service Inc. and Saitame Charles, 6318 W. Colonial Drive.

•Mortgage Critics LLC and David G. Artzner, 320 N. Magnolia Ave.

Those companies are charged with providing loan-modification services, such as refinancing mortgages or adjusting interest rates, without a license. They may appeal for the state Division of Administrative Hearings. If a case proceeds to the courts, the charges can result in a third-degree felony conviction punishable by a prison term of up to five years and a fine not to exceed $5, 000 for each case.

Cardwell specifically cautioned people against paying any upfront fees whatsoever for loan modifications, as that is illegal. "If your broker asks for any money upfront, simply turn and walk away, " Cardwell advised.

Mary Shanklin can be reached at [email protected] or 407-420-5538.