• Report: #350805
Complaint Review:

Countrywide Home Loans / United Financial / Virtual Escrow

  • Submitted: Sun, July 13, 2008
  • Updated: Thu, December 02, 2010

  • Reported By:Modesto California
Countrywide Home Loans / United Financial / Virtual Escrow
countrywidehomeloans.com Los Angeles, California U.S.A.

Countrywide Home Loans / United Financial / Virtual Escrow Fraud occured by United Financial Morrgage Brodkers to obtain a loan thru Countrywide Home Loans Los Angeles California

*UPDATE EX-employee responds: False & Irresponsible Statements/Report

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I have tried to obtain an attorney regarding fraud that occured while refinancing our home in 2006, but can't seem to find one that is willing to fight someone as big as Countrywide, or the brokers who received large amounts of money from them and committed fraud in the meantime. We are now at the point of having to file Chapter 13 bankruptcy.

I am extremely upset that no one wants to accept any responsibilty for all of us who have gotten into this terrible situation with Countrywide Home Loans. It seems that everyone wants to allow this to happen and doesn't want to fight the big guys who have pretty much taken away everything we have to fatten their wallets.

We now don't have the funds to pursue this legal action, but fraud was committed, and no one is going to be punsihed for it.

The "mortgage broker" that processed our refinance with Countrywide Home Loans, "United Financial" brokers Art Baimkin and Don Dardashti lied repeatedly during the entire process. Countrywide Home Loans does not want to accept any responsibility that their lack of verification of HUD documents, or to ensure that stipulations in closing instructions they themselves require to fund a loan are completed. They are all responsible for my family to potentially lose their home.

1. We never signed a loan application and found out just recently that my husband's income was inflated by $5800.00 a month!! They added $2400.00 a month in "overtime" pay and $3400.00 with a "Part time self employment of a owner/landscaper". This was never brought up, and now we have a falsified loan application that has "Don Dardashti" name on the application stating his employer is "Countrywide Home Loans". Countrywide Home Loans "fraud unit" though acknowledged this, states they are not responsible in any way. Do they not or should they not verify the information that they are accepting to lend money to?

2. On the "closing instructions" issued by Countrywide Home Loans there are two stipulations. One being that two of our credit cards would be paid off, and another that there would be a letter from a CPA stating my husband's "part time self employment" for two years. As there was not "part time employment there was no letter from a CPA, but no one can show me this supposed letter. These stiplulations did not take place but good business practice would have guaranteed these be verified.

3. On the HUD "Final' Settlement Statement, the original that was sent to us from a Norma Sorto from Virtual Escrow reflects the pre-payment penalty, but no credit cards being paid off and we had $7055.00 wired into our bank account as closing funds. The HUD "Final" settlement that is in Countrywide Home Loans Documents reflects that the two credit cards were paid off, and that we put down $11636.00 on this loan. Someone altered the documents that Countrywide has in their possession, and again, though Countrywide should have verified the information, they did not, and again according to them is not their fault.

I am filing a complaint with the California Attorney General's Office, and the California Department of Real Estate, but I am just sick that we will probably lose our home over someone committing a crime and getting away with it.

The escrow company, Virtual Escrow, that handled our refinance is no longer in business, and their assets are frozen, and are involved in a criminal investigation.

I have contacted Don Dardashti, who was sorry, and would contact Countrywide Home Loans to straighten this out, but what can he straighten out now? I don't know if United Financial is still in business, however I know that he is still saying that he still works for them.

I have had it
Modesto, California

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This report was posted on Ripoff Report on 07/13/2008 04:57 PM and is a permanent record located here: http://www.ripoffreport.com/reports/countrywide-home-loans-united-financial-virtual-escrow/los-angeles-california/countrywide-home-loans-united-financial-virtual-escrow-fraud-occured-by-united-financi-350805. 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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Updates & Rebuttals

#1 UPDATE EX-employee responds

False & Irresponsible Statements/Report

AUTHOR: Art - (United States of America)

This morning I sent an email to ripoff:
(Art 2 Ripoff report Support) 

Dear Sir/Madam, 

I upon googling my name this morning, I stumbled across a link to a rip-report that contained my name. The link is attached at the bottom of this email.

I'll start off by saying that this report, as it pertains to me, Art Baimkin is completely and utterly false. I have never been, nor have presented myself as a "loan broker" as the report states. I have never been involved in a transaction with a person by the name of Don Dardashti as it states in the report. I'm not even a broker! and I've never had a broker or real estate license. 

FACTS: In 2006 for a 6-month period I was the assistant clerk to an in-house Escrow processor at United Financial. In my short stint at United Financial I relayed all calls to the proper loan brokers, did office work, and basically all the clerical grunt work for the office. I have never been involved in any financial loan or refinance transaction, nor I have ever given any financial advice to their clients, nor was I even privy to any details on broker's involvement with their clients. Most importantly, I have NEVER met and NEVER even heard of anyone by the name of Don Dardashti, even when I worked at United Financial. I have no clue who this person is and how in the world we are connected through this rip-off report. Today is the first time I've ever come across this person's name and his supposed business dealings with United Financial.

I have zero clue why my name is connected to this report or this supposed client or a loan transaction or this person Don Dardashti or anything else that is outlined. I don't even understand half the items and series of events that are listed on the report, and it just amazes me that it's take almost 3 years for me to catch this! 

The only thing I can think of is that possibly the person who wrote this report remembered my name because I fielded all the calls at UF when they came in? Or? I really don't know, in any case I need your staff to please remove my name of this report asap. I have absolutely NO CONNECTION to these events that have clearly wronged someone. 

Thanks in advance.


(Email from Ripoff Report Support 2 Art)


We received your inquiry. Please file a rebuttal, but the name will not be removed off the report.

Thank you,
RR Staff.

(Last thoughts)

Are serious with this? What kind of answer or mediation is that? These are peoples reputations we're talking about! If it's false then it's False! Especially when you have no part in the issue.  

A word off advise to everyone- Don't to anything (at all) because you will accused, convicted, and sentenced indefinitely in the court of opinion through ripoff report. This is like if your neighbors happen to get robbed while you where outside watering your lawn and someone remembers your face then you are considered an accomplice?????? Rediouslous policy by ripoff report and false statements by a clearly irresponsible home owner.

-Art B.

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