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Report: #1001260

Complaint Review: Certified Forensic Loan Auditors, LLC - Internet

  • Submitted:
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  • Reported By: Larry — Yorba Linda California United States of America
  • Author Confirmed What's this?
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  • Certified Forensic Loan Auditors, LLC 13101 West Washington Blvd., Suite 140 Internet United States of America

Certified Forensic Loan Auditors, LLC FTC says the Mortgage Securitization Audit business is a scam. Refused to give deposit back. Internet

*Author of original report: Sertified Forensic Loan Autitors is a scam

*UPDATE Employee: CFLA hosts State Bar Sponsored Courses

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I went to this seminar to help people in foreclosure save their homes. Google SECRITIZATION SCAMS. 

Wasted my money and my time!

I paid $3,000 to attend the securitization audit seminar a few months ago and the person teaching the class was totally unprepared. Hesimply read from a book and you could not hear what he was saying. He had nooutline, no material to hand out and when it came time to take the test, and the material on the test was very little that he taught on.  In fact I took the exam but was unable tocomplete of it. They told us that we would know at the end of the seminar if we passed or not. More than one month passed and I did not hear from anyone so I complained about the class and demanded my money back because I learned absolutely nothing and was unable to use any of the material that was given or taught during the seminar. It was a total waste of time AND LATER LEARNED THATMOST MORTGAGE SECURITIZATION AUDITS WERE SCAMS. I went to this seminar because I thought I could help the homeowner but later found out that this business simply bleeds the homeowner of needed funds, giving them false hope and they ultimately wind up losing their homes in foreclosure. I urge anyone that considers paying and attending this seminar to ask how many people actually go on and use this material successfully and make a business out of it and actually help the troubled homeowner save their home. 



The material taught, in my opinion, at least in the seminar that I attended was not beneficial at all. It not only cost me transportation, a hotel and meals, and the time away from my job (a big loss and waste of time).



Do not fall for this seminar. GOOGLE SECURITIZATON AUDIT SCAMS. The following is the one of the first things you will find when searching Mortgage Securitization audit scams.



Masquerading under the impressive-sounding title of a "mortgage securitization audit," a new scam is bleeding financially-pressured homeowners out of their dwindling funds.



Sometimes simply called a "mortgage audit" or a "forensic document review," the service supposedly combs through all of the documents relating to a mortgage, looking for mistakes or even frauds in those documents.



The purported aim is either to help homeowners escape foreclosure or to strengthen their case for a loan

modification, which will ease their repayments. That sounds like a pretty good idea, except for two things:



Many so-called mortgage securitization companies actually do nothing at all but collect a couple thousand dollars from their victims.



Or maybe, they'll produce an impressive looking set of documents that are actually publicly available and have no legal value.



The Federal Trade Commission (FTC), the nation's consumer watchdog, has publicly denounced the use of mortgage audits, even if they're done properly and legally.



This report was posted on Ripoff Report on 01/22/2013 01:23 PM and is a permanent record located here: https://www.ripoffreport.com/report/certified-forensic-loan-llc/internet-ftc-says-mortgage-1001260. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#2 Author of original report

Sertified Forensic Loan Autitors is a scam

AUTHOR: CEO Larry - (USA)

POSTED: Wednesday, February 20, 2013

In response to Certified Forensic Loan Auditors rebuttal.

First of all I am not a graduate and I did not provide the feedback on the question "Did you learn what you expected?" They have everyone that goes through the class fill out these documents which I refused to do and I did not rate the teacher as stated they claim I did.

I was told that the class would be taught by an attorney; it was not. It was taught by a former student that filled in for someone at the last minute, had no outlines and was totally unprepared.

I did not take home work templates or anything else as stated. CFLA, after offering me a full refund, called me and told me I could take another course for free. This course was not only hundreds of miles away but was offered months after telling me they would refund my money. They also have me listed on their website as one that passed their exam and are telling people that I am a certified expert, which I am not.

It all sounds good and looks good but ask them two questions: 1. What is the percentage of cases save the homeowners homes and 2. How many people listed on their website out of the 1000 plus are actually helping
homeowners in distress. 3. How many go through the program, take the homeowners money and provide no service to the already financially strapped homeowner.

AGAIN, GOOGLE 'SECRITIZATION AUDIT SCAMS'. Partial refund is not good enough!! They make their money by selling seminars that are useless, at least mine was. I demand a full refund and an apology for the way I was treated otherwise I guess I will have to see them in court and I promise to be honest and report the results of the courts decision.

AGAIN, GOOGLE 'SECRITIZATION

AUDIT SCAMS'

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#1 UPDATE Employee

CFLA hosts State Bar Sponsored Courses

AUTHOR: Certified Forensic Loan Auditors, L - (United States of America)

POSTED: Wednesday, January 23, 2013

Complainant is a graduate of the MSA Training class.  He gave excellent handwritten feedback on the CFLA feedback form indicating under the question "Did you learn what you expected?" 9 out of 9

Additionally, in the portion of his own handwritten feedback form where it was asked "Please rate the instructors at the class, claimant rated the Attorney and Senior Auditor at 8 out of 9.

Claimant failed his notarized final examination with a score of 40 out of 100 total points.

When the training director contacted claimant about possibly retaking the course, claimant demanded a full refund plus expenses, despite having completed the entire 3 days of the course, enaged the instructors, and taken home all the work product, templates, and otherwise.

Claimant's reason he wanted a refund was that "Audits are a Fraud and he did not know this before taking the course."

CFLA has issued several Press Releases Warning Homeowners of this very same fraud.  CFLA Senior Attorneys perform litigation support services to 10,000's of LAw Firm's Nationwide.  The Work Product that we provide is instrumental in helping properly represented homeowners get relief from the banks predatory lending.

CFLA is cutting edge in innovation of work product and education and training to help fight the war against the banks and our audits have been used successfully in several jurisdictions, while our auditors have been admitted as expert witnesses in nearly every State.

Finally, CFLA has trained and certified more than 1,000 executive level Attorneys and Real Estate Professionals through this very same training class and the testimonials of these professionals can be viewed on our site.

CFLA also performs State Bar Sponsored Continuing Education Classes and has obtained State Bar Approval in each of the following States: California, Nevada, New york, Florida, Georgia, and Texas.

Although we try to satisfy every customer and give all of our trainees the best experience, some people such as this guy "claimant" will never be satisfied.

Call us today to get pricing on our cutting edge services and/or State Bar Sponsored Continuing Education Classes.

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