Complaint Review: John Banks Ingleside Financial Group - Phoenix Arizona
Ripoff Report on CBS 19
Ripoff Report on CBS 19 - Global Marketing Alliance
Ripoff Report on ABC 15 - Smart Shopper
Ripoff Report - Girls Gone Wild
Ripoff Report on Fox 11 - Car Repair
- Author Confirmed
- John Banks Ingleside Financial Group 2375 East Camelback Road Phoenix, Arizona U.S.A.
- Phone:
- Web:
- Category: Loan Modification
John Banks Ingleside Financial Group, Beware, FHA Approved Mortgage broker Phoenix Arizona
*REBUTTAL Owner of company: False claims and accusations
Show customers why they should trust your business over your competitors...
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
Beware of John Blanks (aka Alt-F as his nick name). It was brought to my attention that John Blanks is an FHA APPROVED mortgage broker in the state of Arizona that is also involved in loan modifications with a DIFFERENT company.
I think what he is doing is illegal. You cannot be a part-time or full-time employee at an FHA APPROVED company AND work for another company at the same time. This means that John Blanks may be operating illegally.
Here is part of a recent article written by Ron Quintero that explains this.
There are loan mod companies that really don't care about the rules and will sign up the individual and pay them directly jeopardizing the livelihood of the mortgage companies FHA approval. Right now there are many loan officers that are jeopardizing their mortgage companies FHA approval by receiving compensation ON THE SIDE or from another outside company and not going through their company. OK, allow me to give a couple of examples.
Example #1 A person originates loans for a company that is FHA approved. This person wants to supplement their income by processing loans part time for other people on the side. CAN'T DO IT.
Example #2 A person originates loans for a company that is FHA approved and wants to work for a real estate company doing some marketing. CAN'T DO IT.
Example #3 A person originates loans for a company that is FHA approved and wants to supplement their income to earn a little extra cash for the holidays working the cosmetics or perfume counter at Nordstrom's. APPROVE, A-OK because Nordstrom's does not sell real estate or provide loans.
BEWARE OF JOHN BLANKS. Here is some more information on him:
license- AZ MB#0910109 Ingleside Financial Group, Inc.
3131 E. Camelback Road, Suite 200
Phoenix, AZ 85016
(602) 606-5745
http://www.inglesidefinancialgroup.com
(((link redacted)))
this is his resume. He is in the "law practicing industry."
(((link redacted)))
this one of his blogs. The calls himself the Mortgage Rain Man...
(((link redacted)))
This is another blog.
He is only 37, but he has been in the mortgage industry for 19 years???
He went to AZ State from 1989-1994. This means that he got into the mortgage industry at age 18 when he was a freshman in college????
(((link redacted)))
Now he is doing loan modifications.
Not sure what FHA is going to say about this....
Are the following your concerns?
I'm facing foreclosure in Arizona?
I'm behind on my mortgage payments.
Looking for a loan modification?
Bank won't work with me?
What is a notice of default?
FHA government loan?
Should I contact an attorney?
Make sure you investigate a little, before you hand over your hard earned money for a loan modification.
anonymous
Los Angeles Area, California
U.S.A.
CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
This report was posted on Ripoff Report on 04/04/2009 03:59 PM and is a permanent record located here: https://www.ripoffreport.com/reports/john-banks-ingleside-financial-group/phoenix-arizona-85016/john-banks-ingleside-financial-group-beware-fha-approved-mortgage-broker-phoenix-arizona-440868. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
If you would like to see more Rip-off Reports on this company/individual, search here:
#1 REBUTTAL Owner of company
False claims and accusations
AUTHOR: John Blanks - (United States of America)
SUBMITTED: Wednesday, December 01, 2010
To Whom it May Concern:
After finding this on the internet through a Google search, I must defend my reputation against these false claims and accusations. The author of this report is being intentionally misleading and malicious towards my personal and professional reputation. The authors intentions are simple - we had disagreements in the past on Mortgage industry related blogs and bulletin boards and he felt he could contrive this report to defame my character.
Fact: I am the owner of Ingleside Financial Group, Inc - previously a Mortgage Broker licensed in the State of Arizona.
Fact: Ingleside Financial Group,Inc. was from 2008-2009 a "HUD approved(FHA) non-supervised correspondent".
Fact: I was solicited by a prominent Phoenix-based law firm to initially consult and then become an employee of that firm to construct a division that dealt with Mortgage Mediation for distressed homeowners in Arizona in October 2008. I worked for them until Sept. 2009.
False accusation: That firm (nor I) did NOT solicit homeowners for "loan modifications".
Fact: the Law Firm only took "upfront fees" in the form of a legal retainer that was in compliance with the State Bar of Arizona's rules for Law Firms.
False accusation: the example given by the author is not in any way related to the work I did at that law firm, nor is it relevant to my ownership of Ingleside Financial Group and its previous HUD approved status.
Fact: I am 39 years old and I have been in the financial services/Mortgage related industries since 1989 (yes when I was 18). My first job was with Citibank in 1989 as a Financial Services Representative in Phx, AZ. I went to college in the evenings.
False accusation: "Now he is doing loan modifications". This is a false statement. The work at the law firm as mentioned above was related to a division of the law firm and my expertise in the Mortgage Industry was the reason for my employment there.
To set the record straight - FHA had "nothing to say about this". I was not violating any HUD/FHA related guidelines by owning a Mortgage Brokerage and having employment with the Law Firm in the capacity I was employed for.
The author is intentionally being malicious and slanderous to my personal and professional character. This author has made outlandish claims on industry blogs and message boards on who he was going to sue and false accusations about many other industry professionals. The credibility of this author should be fully questioned because of his actions.
My professional resume,experience & reputation speak for itself. My resume is on LinkedIn and I have 18 recommendations and over 2400 direct linkedIn contacts.
Best Regards,
John Blanks
Advertisers above have met our
strict standards for business conduct.
