Athas Capital Group Steve Nicholl Broker Back Stabbers Calabasas Hills, California

Obviously Steve, you are desperately trying to make yourself sound Legit. That makes me laugh.

You know exactly who I am because we spoke on the phone a couple times when you attempted to Change Escrow & Title Services on me. That was our first conversation and you KNOW IT, as I was not going to let you take the Title order away from my Title Rep who had already put his own personel time into this transaction.

During that conversation we discussed your original quote of 9.5% at 2 points and you were fully aware that I contacted Kim to help me find good pricing as she has many contacts in the Private Investor market, so dont play Stupid.

As far you accusing me of signing any LOI, DON'T. I never saw the LOI, as far as I know, you probably signed it. After experiencing the way you conduct business I would nt be surprised.

Blackball list? What makes you think that I would even consider sending any file to a ATHAS CAPITAL. But if you need to I gues I should say "Thank You".

Again if any of the many people in the mortgage business ever bring up that company name, you can bet they will hear the REAL TRUTH about how you tried to bait and switch my client and how Steve Nichol and Athas Capital are not afraid to go around the Mortgage Broker's back and go dirctly to the client.

Have a Nice Day.

Jerry,

 We know you are a professional in this business. But, before you start making your accusations about
Athas & myself. You need to please let the people know the truth. 
Here are the are the sequence events that occur & occurred in the Athas process.

Regarding your Egan loan.

1.The loan was submitted to Athas by a Kimberly @ other mortgage company & she was my point of contact from day one. You, Jerry Yepiz, or no one at Royal Homes & Loans in Covina had anything to do w/ being the originating submitting broker. 

2.File was then processed by our underwriter.

3.We issued an approval @ the 10.99% for Kimberly @ other mortgage company to give to Mr. Egan to sign & complete in order move forward.

4. A few days after sending out the approval we received the signed approval back from Mr. Egan complete w/ hissignatures indicating that Mr. Egan was moving forward w/ the file. So, your accusation about Athas & myself doing bait & switch is completely false. We have the hard copy approval that Mr. Egan signed & returned back to us @ 10.99%. 

5. Athas does not issue disclosures unless we have a signed approval back from the borrower, Company policy.

6. Athas issues the disclosures via email to Mr. Egan & the originating broker Kimberly.

7. My processor received a phone from Mr. Egan regarding the disclosures. He stated that he had never signed an approval & was unaware of these terms & he asked from more information on what was going on.
8. My processor called me & since I was the rep on the file she asked me to return the call to Mr. Egan & ask him what was going on because he had signed the approval but he said to us he had not signed that approval.

9. I returned Mr. Egan's call & once again he told me that he had not signed the approval @ 10.99% & that was not his signature. At that time I went over the approval w/ him. He said he was going to go over the #s again & he would call us back.

10. Then Mr. Egan had called us back once again regarding the signature (that he said he did not sign.) & at that time we stated that his loan was canceled by Kimberly (the originating broker. Not Jerry Yepiz, or no one at Royal Homes & Loans in Covina.) At that time he asked since Kimberly was no longer involved in the transaction would he be able to get better pricing. I told his YES. He could use the broker points that Kimberly was charging to by down the rate. I gave him the new pricing & at that time we issued a new approval to Mr. Egan upon his request.

 Now that the truth of the sequence events have be revealed to the people. Jerry, by you posting false statements & that Athas feels you forged the borrowers signatures and mislead the borrower on rate, we have black listed Royal home loans. So, you not have only hurt yourself w/ doing business w/ Americas #1 direct hard money lender. But also have hurt Kimberly & Royal Homes & Loans w/ doing business w/ Athas capital too. 

 Respectfully,
Steve N.

Mr. Kevin O"Shaughnessy,

The file name was 'Egan' in Monrovia.

My Name is Jerry Yepiz, Account Executive for Donna Dance.

Company is Royal Homes & Loans in Covina.

I am very grateful that my client remained loyal to me as he knew how hard I had worked for him and is a very honest businessman. He did not care for the actions of Steve Nichol and how he conducted his business.

I did not want to respond to you until I closed the deal. Which I finally did at the rate and terms that I was originally quoted from Steve Nichol.

Please sir, feel free to contact me at (626) 255-5282 or respond here.

Good Day Mr./ Mrs. Mortgage Broker,

My name is Kevin O'Shaughnessy, a principle and officer of Athas Capital Group.  I am obviously very concerned about your comments you have posted on this website.  Accordingly concerned about what you purport in your complaint.  Athas Capital, as a wholesale lender, obviously cares deeply for its clients and accordingly would like to address what you claim has happened.

Please be so kind to provide the following information so that we may investigate this further to see what happened and furthermore see what we can do.  IF there is a wrong on our part we would like to make it right of course.

Please indicate the name of the file.
Please provide your name.
Please provide the name of your company.

I look forward to your response.

Kind Regards,

Kevin O'Shaughnessy
Athas Capital group, Inc.
877.877.1477 ext 777