Federal Trade Commission announced today that this company is pretty much history. If you got a loan through these crooks in the last 12 years or so, you may be eligible for some compensation.
Check out this link for the full story. Good luck!!!
http://www.ftc.gov/
opa/2002/03/famco.htm
John
Tampa, FL
This email is a rebuttal to RipOff #2184.
It was sent by The loan Arranger at Ff@hotmail.com.
first alliance mortgage ....mortgage company rip off (#2184)
They filed the following rebuttal to the above Rip-Off Report:
Their email: Ff@hotmail.com
Their name: The loan Arranger
Their phone number: 913553-6963
Their relationship to the company: Advocate
Rebuttal:
Joan,
Didn't you sign a paper that reccomended you take the loan papers to an Attorney of your choice? Let me guess you signed 40 papers and didn't read any of them? Let me guess you say you didn't get any copies did you ask for them? If you signed up for a loan of $109,000 and didn't read the Loan papers, it YOUR OWN FAULT! Don't blame the lender or broker becuase you are ignorant! Do your homework! Know one feels sorry for you, we all have to take responsibility for what we do! Once you signed the loan, you committed yourself to this so called mistake! You make your bed...
::::::::EDitor's Comment to the above REBUTTAL:::::
Dear Loan Arranger:
Not so! Don't get me wrong, I appreciate the REBUTTAL. But don't be nieve. In theory your correct. But, you know as well as I do, the people selling these loans are no better than a car salesman. They get your trust with general BS, explaining to their victims all the paragraphs and pages their way leaving out certain key points. Yes, without even reading it. Why? Not because these people are ignorant, it's because most people are trusting and easy targets to pray upon. Like the victim above. Very trusting.
Most consumers don't think they need to be showing things like this to a lawyer. Consumers don't expect deception from mortgage brokers. Not enough publicity out there yet.