• Report: #220519

Complaint Review: Quick Loan Funding, New Century Mortgage,

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  • Submitted: Tuesday, November 14, 2006
  • Last Posting: Friday, November 24, 2006
  • Reported By:palmdale California
Quick Loan Funding, New Century Mortgage,
Costa Mesa Irvine California U.S.A.

Quick Loan Funding, New Century Mortgage, Conspiracy to Defraud Federal Government Irvine California


3Author 0Consumer 0Employee/Owner

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Where: Littlerock, Ca. 93543

How: Massive inflation of properties in flipping mortgage transactions, whereby homes that look like matchsticks are now worth $1,500,000- $3,600,000 and the rest $315,000-$745,000 for properties that are only worth $200,000 +/-

Why: The Combined North County Corridors Freeway Expansion project will be securing right of way in preparation for the HDC or the High Desert Corridor SR-138 portion and Littlerock, Ca. 93543 lays right in the middle of the freeway project.

When: NOW.

What: If we all do something about this we shall have stopped one of the biggest mortgage fraud schemes the Federal Government will have all of us pay from dissipated losses by means of increase taxation, interest rates and cost of living in general.

this discovery was a consequence from helping a single victim of mortgage fraud, edith w**, a resident of littlerock, ca. 93543. of whom i have posted here in this site most recently. had it not been for her, we would not have seen this blatant example of why mortgage fraud now costs 4.8 billion dollars and rising.

In our website avenue-s.org, are all the title reports that show one or all of the following: disguised refinance transactions, false liens, flipping(speculation), changes on redraw.
the following already have been informed: IRS-CID, DRE, DOJ, FBI, FINCEN, DEMOCRATIC PARTY and Senator Debra Bowen- Secretary of State

Robert
palmdale, California
U.S.A.

This report was posted on Ripoff Report on 11/14/2006 10:02:42 AM and is a permanent record located here: http://www.ripoffreport.com/organized-crime/quick-loan-funding-n/quick-loan-funding-new-centur-m69fm.htm.

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#1 Update By Author

license number

AUTHOR: Robert - Palmdale (U.S.A.)

LICENSE # 2994
QUICK LOAN FUNDING
535 ANTON BLVD
COSTA MESA, CA 92626
EXPIRATION DATE: 12/31/2006

under Kelly vyong tennessee.gov/tdfi/compliance/LoanOrginators.pdf
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#2 Update By Author

We are going to be paying UNDUE TAXATION; Higher Gas prices to cover Mortgage fraud

AUTHOR: Robert - palmdale (U.S.A.)

FLASH FRAUD ALERT UPDATE Warning to the Los Angeles County Taxpayers

To the editor and staff of Ripp Off Report, we sincerely thank you for being THE avenue for public awareness and safety.

Ending our year with this report. This serves as a warning to the hard working taxpayers of Los Angeles County.

I linked all supporting public documentation to facilitate ease and efficiency in evaluation.

This is a copy of an email we sent to all related Governmental Agencies a week ago.

Sir/Ma'am,

We were victims of mortgage fraud turned consumer advocates.

This happened only as a consequence from helping a single victim of mortgage fraud, Edith. A 59 yr. old Afro American widow living on a fixed disability retirement income. Presently being kicked out after being fraudulently made a tenant to her own home.

http://www.ripoffreport.com/results.asp?q1=ALL&q5=benvani%2C+inc.&submit2=Search%2021&q4=&q6=&q3=&q2=&q7=&searchtype=0

It is very sad that the only time people will catch on to this is when it has already happened, taxes and gas prices over the roof and everyone will have no choice.

Let this be known that this already has been published first in ripOff Report on this 21st day of November, 2006. We tried our best to warn as many and as far as we can to a responce that ranged from mediocre to downright being laughed at, ridiculed, falsely accused, berated upon, insulted and called a lunatic. Little do all these people know that this was for their own good.

What: Conspiracy to defraud Los Angeles County Taxpayers, Defraud the State of California and The Federal Government.

Hardest hit will be Los Angeles County from undue taxation from dissipated losses from neglected mortgage fraud in Littlerock, Ca. 93543.

Please refer to page 27- 42 showing breakdown of funding sources. Whereby LA County's large local funding share is unique in the nation:

67% or 96.4 Billion of the cost will be shouldered by the Taxpayers of Los Angeles County

12% or $17.5 Billion will come from Federal Sources for a total of $144.5 Billion FY 2005-FY 2030

mta.net/images/sfs_agenda_051806.pdf

How: Mortgage Fraud; title red flags, underwritng and appraisal guidelines very questionable.

avenue-s.org/subdirectory/Red_flags.html

One case showed the following on title: property listed as a residence and mailing address was sold for $505,000.00 with the borrower drawing two loans of which the 2nd TD of $100,000.00 approx. also had a notice of default already prepared. This empty parcel was cross checked with the Los Angeles County Asssesors office. Parcels immediately surrounding averaged approx $150,000.00 or less.

Where: Littlerock "aka" Sun Village
an unincorporated area in the Los Angeles County portion of the eastern Antelope Valley in Southern California. It lies north of Littlerock. The center of Sun Village may be considered to be Palmdale Boulevard and 90th Street East.

Historically the area within the Antelope Valley where African-Americans were redlined into buying real estate until the passage of fair housing and nondiscrimination laws in the 1960s, the area is now considered part of Littlerock

When: Now

www.lacounty.info/bos/sop/supdocs/28683.pdf

In closing, there be any inquiry we are available through our website which we made taking after where you left off: avenue-s.org

Sincerely,

Robert and Karina
consumer advocates
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