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Report: #861826

Complaint Review: Residential Home Funding - Internet

  • Submitted:
  • Updated:
  • Reported By: Spyderweb — Port Chester New York United States of America
  • Author Not Confirmed What's this?
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  • Residential Home Funding Internet United States of America

Residential Home Funding Censured for New Jersey Unlicensed Branch Activities Internet

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Consent Order #E10-009761, November 18, 2010. Licensee cured unlicensed branch office activities and agreed to cease taking NJ residential mortgage loan applications from brokers or other entities not duly licensed. Licensee agreed to pay an administrative penalty. Penalty: $7,500.

Here is the link to the State of New Jersey Department of Banking and Insurance:
http://www.state.nj.us/dobi/division_banking/bankdivenforce_2010.html

This company has been repeatedly caught and fined in almost every state they do business in for operating illegal/unlicensed branches.  

If you need a mortgage go to your local bank and apply for one.  Do not deal with this company.  

This report was posted on Ripoff Report on 03/31/2012 07:32 AM and is a permanent record located here: https://www.ripoffreport.com/reports/residential-home-funding/internet/residential-home-funding-censured-for-new-jersey-unlicensed-branch-activities-internet-861826. 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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