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Report: #469994

Complaint Review: Newkey Financial - Newkey Home Loans - Emery - Richard Lee - Corona California

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  • Reported By: San Diego California
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  • Newkey Financial - Newkey Home Loans - Emery - Richard Lee 495 Rincon Corona, California U.S.A.

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I was an employee of NK for a period of 3 years. And during this time I was told I could originate loans in almost every state in the union. In California we used our name and in other states we put someone elses name on our HUD applications. I was told we were part of a credit union "EMERY" which allowed us to do this under even the most strict FHA regulations. Everything was fine until it was taking weeks to get paid. Finally when I was paid my final checks they were short without any explanations.

The customer service is HORRIBLE. Their website doesn't list any telephone numbers to reach anyone on. They have a help desk that appears to only have one person that returns calls every other week.

When you call EMERY they have no idea who Newkey is. Kind of weird considering I signed up as an agent to do loans in all 50 states under their charter.

Up until recently I had no idea what I was doing was illegal until I was approached and recruited by my current broker. Even upon my departure my sponsor also advised me to just simply keep my mouth shut and not rock the boat. After that moment it didn't seem to fit with the integrity I had and the goals I set for myself.

After re-evaluating the company I also found this on a compliance website on the internet about the company.

"Beware of Newkey Financial Corp dba Newkey Home Loans. The pay structure (100% commissions and Royalty system) is 100% illegal under both HUD and the CA Dre regulations.

Agents please verify the pay structures with the DRE and HUD before entering into such agreements. You may become fully responsible which could compromise your licensing under the DRE and the ability to work with HUD in the future.

They are currently being investigated by both the DRE and DOC. See -http://www.corp.ca.gov/FSD/08pdf/4130602.pdf"

The NK company websites state they have perfect records with the compliance agencies. This appears to be the furthest from the truth.

It seems like the company is on the verge of being shut down by the Fed's.

Good Luck NK! - God Bless

Mtg Pro DeMarsh
San Diego, California
U.S.A.

This report was posted on Ripoff Report on 07/15/2009 12:05 PM and is a permanent record located here: https://www.ripoffreport.com/reports/newkey-financial-newkey-home-loans-emery-richard-lee/corona-california/newkey-financial-newkey-home-loans-emery-credit-union-richard-lee-another-illegal-ml-469994. 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

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REBUTTALS & REPLIES:
1Author
5Consumer
0Employee/Owner

#6 General Comment

Angie Ramirez

AUTHOR: Satisfied Customer - (USA)

POSTED: Saturday, October 29, 2011

Angie Ramirez has helped me
In numerous occasions regarding real estate. When so many agents lied and robbed me, Angie helped me and guided me. She has patience. I knew I wans't just sale to her I was a REAL human to her. She has helped me for over 7 yrs now.

Moreno Valley, CA Family

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#5 General Comment

Angie Ramirez Keeps Her Word

AUTHOR: Denise - (United States of America)

POSTED: Friday, October 28, 2011

I was a client of Angie Ramirez I met her through a referral of a person she had helped. They spoke very highly of her.

I had a bad dealing with the company Angie worked for. Her boss was Jon Cenoz. I signed up for a service with Jon's company and when results were not rendered I asked for my refund. Angie ALWAYS was there helping talk to Jon to refund our money back. And Jon would always say "Its in process". For years now I kept asking Jon for my refund and every time he gave me EXCUSES AND EXCUSES. I knew he kept saying this because he had spent my money and had NO MONEY TO PAY ME BACK! He spoke so badly about Angie and blamed her. So I went and told Angie. She was so kind to refund us a portion to help me. That showed me what a great person Angie is.

It is so said when CROOKS and unprofessional people like Jon CENOZ who have NO experience in the service they are providing open up scam companies and hurt good people like Angie and put them in bad predicaments.

As of now I am on the search for Jon Cenoz and I WILL BE FILING A LAWSUIT against him for lying and hiding from me. Also his old landlord he leased his fancy Temecula office from is looking for him to collect the 6 months of rent he left without paying.

And as for my statement of who Angie Ramirez is to me: She is a hard worker, keeps her word and isn't hiding.

So for the person who wrote this you should be ashamed of yourself. If you are not happy instead of hiding behind the computer screen call her or email her she will respond.

Thank you Angie Ramirez
Los Angeles, CA

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#4 General Comment

Angie Ramirez

AUTHOR: Pati72 - (United States of America)

POSTED: Friday, October 28, 2011

Angie has been my agent and real estate advisor for about 10 years.

She has helped me and I have referred many people to her and she has helped them as well. And when She couldn't she was honest to tell them the truth and not lead them on like other "agents" do.

That was my story before I met Angie. I had several agents lie to me, steal money from me and almost made me lose my home. And they are no where to be found.

Angie helped me, answered my concerns and questions and helped me with my home. She has always been there for me and I am grateful for her.

As for the person who posted this you should be ashamed of yourself for making up lies. I feel sorry for you and the anger you have.

It's a shame how someone like Angie Ramirez who has only helped the ones that needed help and that have done nothing but good have to read all this nonsense and made up lies about her.

Angie my family and I are truly grateful for all you have done. God Bless you!


Grateful person,
Los Angeles, CA

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#3 UPDATE EX-employee responds

Angie Ramirez multiple alias names click on web site links

AUTHOR: eyewitness4god - (United States of America)

POSTED: Sunday, March 13, 2011

Click on link, Angie Ramirez multiple alias's names, and dubious dba
names, including undercover agent  reporter reporting on loan
modification scams:



http://marketplace.publicradio.org/display/web/2009/09/24/pm-21st-century/



Angie Ramirez is a fraud, she is a master at creating alias names and
associating herself with anyone who has money, see her profiles on
twitter, facebook, myspace, she tries hard to hook up with LA lakers and
pro players, simply pathetic gold digger. The sports leagues have been
notified of her corruption and alias's. FBI and even real estate
associations have been in the loop of revoking her license and if you
read in detail, Richard Lee and Angie Ramirez have are banned in many
states from practicing business. Beware of them both and their
fraudulent companies they do business with!

I will be contacting the FBI as well to testify against Angie Ramirez, I was an employee, I hope Angie Ramirez and Richard Lee go to prison!


http://twitter.com/stepupangie



http://www.facebook.com/people/Angela-Ramirez/100001082029637#!/stepupangieramirez



http://www.myspace.com/stepupangieramirez

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#2 Author of original report

PROOF?

AUTHOR: Mortgage pro demarsh - (U.S.A.)

POSTED: Tuesday, November 10, 2009

Richard,

I have only posted this to help warn other potential victims that may fall prey to your smooth talking, untruthful selling tactics, and deceiving business practices. Why do you ask your readers to "Call" the DRE and DOC when these orders and public hearings are posted all over the internet?

Newkey was issued a "Cease and Desist" by the California Department of Corporations not a Voluntary Withdrawal. 

PROOF!
http://www.corp.ca.gov/FSD/08pdf/4130602.pdf

Newkey didn't voluntarily give this up. This was yet another bold lie.

"Newkey is one of the few company's that pay there employees..." This is what you stated. To clear this up I was paid but it doesnt look like other employees have been. In fact if the reader does a little bit of research they would find yet another LIE.. Can you explain why there is EDD - Employment Judgments against Newkey for NOT paying their employees. ANOTHER LIE!!

PROOF!
https://ocapps.occourts.org/CivilPubv2/Login.do
Case #30-2008-00076266-CL-PT-WJC

"Newkey is one of the last remaining companies!" Is this really what you said? If this was the case why does it appear that you have been evicted from every public address that has been listed for your company. ANOTHER LIE!!

PROOF!
https://ocapps.occourts.org/CivilPubv2/SearchCase.do#top_page
Case #07WL03090 -Eviction from your office in Los Alimitos, CA.- Corporate Office

PROOF!
http://public-access.riverside.courts.ca.gov/OpenAccess/
Case #RIC521684 - Eviction from your office in Corona, CA. - Corporate Office

You stated that Pinnacle Financial was an old company that you decided to shut down and this was the reason for voluntarily giving up your license. Yet its still posted under the DRE as an ACTIVE business. ANOTHER LIE!!

PROOF!
http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01317597

Now why is it that you tell the reader to do there own homework? Do you hope they wont actually dig around to see the truth?

When you recruited me 4 years ago with Angie you told me this was going to be the next herbalife and to get in NOW. I purchased costly leads and trusted what you and Angie told me. You told me you had hundreds of agents and to expect long term residual commissions from any agents transactions I recruited. You told me Newkey had hundreds of agents like myself. ANOTHER LIE!!

PROOF!
http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01317597
A list of 12 agents.

Readers PLEASE BE CAUTIOUS. Please do your own homework on this company, Richard Lee, Angie Rameriz and all of the DBA and alias they may go by. If you are told they have hundreds of agents and they are thriving than you know where to look.

I found most of this information within 15 mins by doing a simple Google search. I encourage anyone interested in this company to do the same.

Good Luck... Richard Lee, Newkey, Mac One Investments Inc., Newkey Financial Corporation, Futura Realty Of NFC, Emery Federal Credit Union, Western Home Loans, Newkey Home Lending, Pinnacle Financial Group, Pinnacle Home Loan, Newkey home loans corporation, OR WHAT EVER NAME YOU NEED TO MASK THE TRUTH FROM YOUR VICTIMS.

If you are going to respond I can only hope you do so with some ACTUAL evidence for the readers.

Mtg Pro

 






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#1 UPDATE Employee

Vindicated Again: Newkey Financial, Newkey Home Lending---Richard Lee

AUTHOR: Richard lee - (U.S.A.)

POSTED: Friday, October 02, 2009

Hello all, 

This is Richard Lee with my reply to: Anonymous "Competitor, People, Person",

It's suspect to someone intelligent that your same choice of wording of "the feds", sounds similar to the two other Anonymous "complaints" here---very Stephen King-ish. At first scary, but in reality, it's NOT REALITY. 

You claim "that 'the feds' are verging to shut Newkey down. And that we're being Investigated by both DRE and DOC."

*Here's the direct number to California Department of Real Estate;where Newkey holds our HUD/FHA lic. 877 373 4542. We are under NO "investigation".  

However, we both know that "You" won't call DRE because you have NO CLUE of what you're talking about. And the DRE won't allow defamation like you're trying to do here---although your inadequacy is obvious to the Intelligent.

Only someone with either no understanding of both state and federal regulation protocols would use childish terms such as "the feds".

Your inaccuracies bias you towards being another unhappy competitor, hating how Newkey continues to add UNPARALLELED value to mortgage and RE agents.

NOTE: We had CHOSEN to let go of our DOC lic., which mostly use to be for Pinnacle Home Loans( old subsidiary) in-house call-center agents without DRE lics. However, this has zero to do with Newkey's business under the DRE as most of our agents and brokers enjoy over 10 years experience under DRE lics. 

"You" also said, "everything with Emery/Newkey was fine until I got paid but took weeks." But then you say, "I called Emery Federal Credit Union and they didn't know who Newkey was."  Hmmm...?

More rheteric. Did Emery/Newkey "pay you in weeks"? Or "Emery doesn't know who Newkey was"?  You can't have it both ways.

Fact, Newkey continues to enjoy our Emery relationship, now going on almost 4 years.    

Also, thank you for endorsing Newkey's INTEGRITY to pay agents!

When 75% of Newkey's competitors went belly-up, leaving thousands of agents UNPAID of millions in commissions---we at Newkey/Emery PAID our agents.

Regarding "weeks to get paid"? Please provide a paper trail of FACTS.

In closing, just in case "You" missed it: California Department Of Real Estate: 877 373-4542.

Richard M. Lee( 951 271-3320 ext.501) 

  

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