My elderly mother recieved an unsolicited phone call from someone named David Silverman offering her a loan that she would need to help with new state income and property taxes. My mother is 84 and on the national DNC list, but somehow this company NFM thought it was ok to call her and attempt to get financial information from her in order to do a mortgage for her which she did not need.
After I did some homework I was astounded to see how bad this is and what this company appears to be doing. After a simple google of NFM and Dave Silverman I found that they are aggressivly marketing to elderly people and the poor and creating a false sense of need for a mortagge. See this link:
Then I decided to call this Dave Silverman back and it appears he is never around and always out of the office. [continued below]....
..... Well that came as no suprise since I saw other ripoff reports claiming he is always traveling and doing things in casinos. I also see there are a slue of lawsuits from former employees for not paying them wages, a former FTC lawsuit in 1995, 3 different states banking department fines all from 2010-2012, and a slue of negative press on the company and ceo with gamlbing and hiring felons. i would strongly advise anyone to report this company to the FTC. I have posted all the information I could find here so that if you are considering a mortgage with nfm, you should think otherwise. These are all FACTS not opinions