- Report: #812292
Report - Rebuttal - Arbitrate
Complaint Review: Precision Funding Group
Precision Funding Group226 Haddonfield Rd. Cherry Hill, New Jersey United States of America
Precision Funding Group Norman Lee Tomasello Jr. Mortgage Fraud Cherry Hill, New Jersey
*UPDATE Employee: Explanation
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1. I do not own the property at the address referenced
2. There is no debt at all on the property - no mortgage whatsoever
The PFG letter identified "your personal webpage at www. ............ ." I tried to access the webpage and was denied access.
The PFG letter urged me to contact "our loan representative" and provide my case number as set forth in the letter. I called and first talked briefly with Kristi (SP?) who transferred me to a mortgage specialist: Norman Lee Tomasello Jr. I asked what was the source of the information he had, to which he responded by saying "the public records of your county" and my credit report.
The public records do no show the information set forth in the letter. I have not authorized PFG or any mortgage broker or originator to review my credit report. I am not in the4 market for a mortgage.
I believe that this is a scam targetted at seniors and others in an attempt to get them into new above market mortgages by promising lower rates and easy take out cash.
I asked Normas whether he was licensed and he stated that his NML was 249995, which is a valid NML license number for him.
I urge that those who receive a letter from PFG refer it to the Better Business Bureau and file a report/complaint with the attorney general and department of banking of the state in which you receive such a letter from PFG.
This report was posted on Ripoff Report on 12/21/2011 09:14 AM and is a permanent record located here: http://www.ripoffreport.com/r/Precision-Funding-Group/Cherry-Hill-New-Jersey-08002/Precision-Funding-Group-Norman-Lee-Tomasello-Jr-Mortgage-Fraud-Cherry-Hill-New-Jersey-812292. 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.
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