VERITUS FUNDING Aka GOLDEN VALLEY LENDING GROUP MORTGAGE MANAGER OR LOAN OFFICER SAN DIEGO California

This is an update to everyone. First I would like to say thank you for all the remarks and comments I have received! 10 Months ago I was contacted by a group of 8 individuals and their lawyer in Los Angeles. At the time, I was unable to participate (accident), but later I went to LA to meet with them and the lawyers. I won't cover everything here, but I will keep it simple and basic.

I have been gone for a long time due to an accident I had last year in April 2008 while driving down the street. A 22 year old illegally made a U-Turn directly into me while I was riding my motorcycle. I spent a month in the hospital. My injuries were: broken leg (two places), broken arm, broken fingers & wrist, 7 broken ribs, broken shoulder, concussion, contusion to my liver, burns, fractured 3 vertebrea, both lungs collapseds and a sprain neck with head injuries. I survived and it took a while for me to walk again and to move around. Then I went to see the lawyers in LA while on crutches! If you are Veritus reading this, I want you to know that even during all that pain & suffering, you were in the front of my mind. As I told Mark at Veritus after they fired me and I state here "You are Goliath, and I am David", and I will prevail. One day viewers we will prevail!

My determination and passion for justice will not end. To all those who wrote take heed. I am a bitter but not fueled by it. Currently I am still working with those 8 individuals in Los Angeles. If you need to reach me, you can write me at POBOX 120386 San Diego CA 92112 for privacy sakes. You can call my business number 323-622-8647. I feel everyone's pain and have compassion for what you have gone through. Lets seek this justice together as in numbers we are many, and the strong shall fall. Join me and others as we continue our plan of attack. We do have recourse, but in numbers only.

Have Patience. Time is on our side, not theirs.

Marco
Ceo & Founder
ReCevIT

There is no need to repeat what has already been said, the simply fact is that every claim filed regarding Veritus Funding/Golden Valley Lending Group is TRUE. It is a SCAM and has done just as much to hurt employees as it has to the customers. STAY AWAY FROM THIS COMPANY. They do not pay their employees and take money from customers.

All you need to do is make a visit to the bare offices to see it.

6050 Santo Rd #200
San Diego, CA 92124

I unfortunately worked there for months and didn't make enough to pay for the gas I used working to make them THOUSANDS!

As an ex employee and high producer during the short time I was there I can vouch for the fact that they are exceptionally and blatantly crooked. Though I was a bit green when I started and not experienced in loans, it didn't take me long to realize they were blatantly stealing from Veterans by charging them up front "processing" fees to do a loan. This is illegal.
And as for their attorney run loan modifications, well lets just say the only "attorney" negotiating lon modifications is an high school drop out twit named Katie (one of the owner's daughters).
I have to apologize to all of those Vets who were robbed and others who will never see their loan modification completed and certainly never see their money returned. I'm ashamed for the part I played though I didn't know until a few months into it.
I have written letters to the DRE and the California Attorney General's office to try to get them stopped and several of my customers have been encouraged to do the same. But the more of you who join in the faster we can put a stop to them.

Completely deceptive marketing and false sales pitches about selling disguised negative amortization loans.

I am an ex-employee of the CLG team. I read "Marco's" entire complaint and found it all to be a chilling and detailed recap of exactly what it was like to work there. I was never personally offended by owners Mark or Brent because I pretended to like them and I made them money for awhile.

After a short while (I was new to the mortgage business at the time), I could tell they and their products were frauds. I quit immediately when I learned details of the dangerous products I was selling. They must have some very good legal advice to stay in business while treating "employees" terribly and misleading customers so severely. I mean their sales pitches are the definition of misleading customers. Brent would have you call it "playing up the strengths and playing down the weaknesses," but in actuality it is jamming a pen in a customer's hand and subliminally insulting them for trying to read any document (that contains the financial lie) before signing it.

I have zero legal knowledge, but I do have a conscious. That conscious says this dishonest company deserves to be ended immediately and retribution paid to its unsuspecting clientele. Companies like this (and individuals like owners Brent and Mark) are major reasons why this country is having a foreclosure crisis. I witnessed the process of doing business with specific appraisers who can get more value from a house if requested. I literally witnessed an appraiser making $50,000+ of fake market wealth in seconds. I'm sure many mortgage agents do this, but wow.

Overall, I am glad I had this experience because I have learned a lesson about what type of people with which one should never do business. I am sure by now Mark and Brent are comfortable with their ongoing fraudulent business, so the best I hope for is the powers beyond me to serve justice for the customers, and people like Marco.

Rebuttals posted by receptionists/processors that are unaware of the entire lead-to-close process, or are assigned to do it by Brent and Mark, are not legitimate.

Completely deceptive marketing and false sales pitches about selling disguised negative amortization loans.

If you are an ex-employee of Veritus or Golden Valley Lending Group, your information will be very helpful. There is a pending lawsuit against this company.
Thank you.

Need I say more!

For those who don't understand the word it means basically the writings on the wall!

The writings on the wall. You beat the grass and the snake will come out. As you readers can tell, there have been no rebuttals from any recent loan officers who answered the ad and have been working at the company. When I say recent, I'm talking in the past 6months to a year. Of course during the good times of real estate, everyone was making money at any type of real estate company. But if you read the complaints, it not about the past or paying bonus. Its about the present, and basic real estate 101, being an independant worker as opposed to an actual employee and also being in control of your files so that you could close them. These and many other issues in the complaints weren't addressed.

To add salt to an already open womb, I went back to the company about few days after I was last fired. I kept getting calls from one of the managers to return some of the original documents from my last client in question when I was fired. I told them I would return it because I had an interview with Coldwell Banker that day. Coldwell Banker happens to share the same building with this company. After my interview I went upstairs to return the clients original documents (tax returns, bankstatements etc...). I was approached by one of the "other" owners 'Mark', and told bluntly to "Watch My Back". I asked him what he ment by that and he went on to tell me that he and others had read this report on RipOff and again told me to "Watch My Back" because they have (get this) they have "DEEP POCKETS", and that I did not. Now, that was a very bold statement! I took it that he was threating my life or he was telling me that if I planned to do anything, that they could afford the expense to put on an defense. You the reader decide. Later I got that job at Coldwell Banker, but turned it down due to me having to deal face to face with the staff at Veritus. I'm a big guy, and I don't know if I could hold back my anger from such bad business people!

I waited a little while to report this on RipOff as I have been looking for other employment and working on my other company. Meanwhile, after reading the rebuttals.... I REST MY CASE.

There are two things I learned in life and I will pass them on to you....

You can't fool the people all the time... everyone will not see it your way.... and there is always someone, someone who does not see it your way. That is why we have a court system made up of 12 people.

"Don't let them get away with it, PERIOD!" Thanks for RipOffReport!

I have worked with Veritus Funding since they opened there doors. They have one of the most unique and successful business models that works. I have been a processor the entire time and have watched many loan officers make very good money and be paid in a timely fashion. I also take great pride in processing the loans and helping them close them for there clients.

I so strongly support there company that I have referred many loan officers over to work for them. It is so disheartening to hear such negative trashy rumors being spread about such a good company that supports there loan officers so much and does what ever is needed to get them the leads to close loans and help make them successful.

I would like to end this by saying that if you want to close loans and be successful in this tough market call Veritus Funding they are here to help you close loans and make you money! Do not be afraid by these trashy rumors join a strong team that is here to close loans!!!

I am very shocked that some one would talk about Veritus Funding this way. I have worked for this company for 2 years and Love it here. The company has been very loyal to me. I have always been paid on time and my check has never been short. Matter of fact I have been given a bonus on several occasions. Every one at Veritus Funding has very positive attitudes and it makes it very pleasant to work here. There is alot going on in the Real Estate Industry and This Company is very busy and very successful because of the Great Managment and because the atmosphere is positive.

Its morning the day after. As you can tell, I like to type (sorry about the errors). For those who either worked there or are working there and reading this, this is information is for you about me.

I worked in real estate for the past 15years. I owned my own real estate and mortgage branch for 7 years and sold it. I am the CEO of an internet start up company. I went to work for this company to raise additional capital needed to continue our development on our software. I figured with my experience and skill I could work hard and get what I needed from the company, and in return the company would make good money off of me.

It didn't happen as you can tell. I worked up an agreement with my family and also my company board of directors, that I would be busy for the next 3 months working over 300 hours a month. We needed that funding for both my family and my other company. It was important to work hard and not complain. By nature I am a strong individual, quiet, but serious. I was fired last Thursday because on Wednesday I was exhausted and told "Tracy" I was taking the rest of the day off and possible the next day. He asked me to stay until 4:00pm and that he would not send me out to Orange Co. I went home and then the next day I was tired. I called the office and left a message for my "Manager", that I would not be coming into the office that day.

When I returned on Friday I was told by everyone that I was Fired. Meanwhile others told me Brent told them that I quit. This time and others was a sign that he is a manipulator and liar. I never told anyone the true reason. I just told them that I shouldn't have taken off Thursday, and that was it.

When I was fired for the second time 5 days later (Wed), it mainly was because I was telling Brent about one of my prior night clients concerns. The client was a school teacher and great couple. She was concerned about two company supplied documents. In telling the owner, he was upset that I was not in control of this client. Next he stated that I shouldn't have had the client reading the document, but instead signing.

Offended, I listened but when his tone turned to insulting, I addressed him on the situation. What I was confused about was first, I was the only sales agent to turn in a large volumn of files for that month at 18. Between their two offices (one in Carson, Los Angeles), the average agent had only turned in 2-5. Next, I never showed any signs of incompetence or lazyness or lack of understanding etc... My work spoke for itself. I was determined and hard working. Each week he would bring in a new training class of 8-10 people. By weeks end 90% quit. If you made it to the first week of work, only 1 would last. Week after week this happend. But I was still there, working hard, and the owner was treating me like trash. I think another reason he fired me the second time was based on the fact that last week, after he fired me the first time, I asked for documentation.

When he first fired me, I contacted one of my attorneys who is on my board of directors. I was advised about my rights. I returned after lunch that day and told "Tracy" that I needed to see the employee contract and company policy's etc... He told me that he didn't have them on hand (can you believe), and that he would get them to me on Monday. On Monday I asked him again and he told me that the owners were working on it. I asked him again on Tuesday and he told me that I should have it soon. I asked him the next day Wed, and he told me the owner had it, yet the owner was standing in front of me, firing me!

The third and final reason was for me asking questions about one of my clients concerns. As a loan officer, realtor, real estate agent, real estate company and mortgage company owner myself, I understood the concerns of this one particular client and thought it was relevant to discuss with the owner. Brent instead changed the subject and began to belittle me about how I didn't get the mortgage statment from this client.

In all for those for and against me, let this be a learning lesson for those who don't know much. Don't let anyone walk all over you. I was doing very well at the company and had many clients, but the company just wanted to know, where was the next client and the next client. Each day I talked to managment about the progress of my files already submitted and I was given a lack luster response. Veritus was only concerned daily with me being a foot soldier and going out to get new clients which they later could steal from me. I fought back and each day I asked them for a real status on my file. I was given the run around and to this day, I still don't know the true status of many of those files. The have a agent update system thats antiquated and only shows notes from the would be processors. You have no control on your loan. If your a loan officer, you need to be in total control of your file regardless if its a company supplied lead. You need to see real rate sheets and not company generate fake rates sheets just for the CLG. Guys wake up and smell the roses. Get your files and take them somewhere else, get them a better deal, and then when you get paid, send Veritus 20% for giving you the lead. Honest be told, doing that shows respect, care, dignity and honesty. At least they made something. Otherwise they will fire you take your file, and then promise (once again) verbally, that they will pay you on those files in the future, eventhough they fired you.

Pissed!

Bring it!

I appologize about any grammar and spelling errors. In the heat of typing I didn't have time to correct. Plus its 1:00am at night and I can't sleep. Life is unfair. But you don't have to lay over and get "f" with no grease.

Do you see how easily it was for him to say your fired, again? His tone about him seeing a pattern with me not having the mortgage statement from my last night client was out of line and unprofessional. I told him that I don't come to work daily to have him or anyone talk down to me, or put me down. I told him he should either talk "TO" me or lift me up. He was a coward for firing me at that moment and walking away. Later he returned while I was cleaning out my desk. I was so heated as he was messing with my "livelyhood" and my "manhood" as he was standing so close over me as I was cleaning out my desk. I don't know about you, but I have two children at home along with a fiance and a large dog. I worked hard to take care of them. I didn't even see them for weeks! This man had my financial well being in the palm of his hands and treated me in the end as a worthless human being who did nothing for his company, knowing all the while I was supposed to get a 20% commission at the end of it all.

YES that's 20% (or $.80 on the loan amount volumn) for all you would be soon hiree's. Stupid.

He will use you, belittle you, flex his salemanship and then downplay any skill, experience and background you have. Yes belittle you in each and everyway. I even seen him talking loudly about people he just fired or who quit. He had not care for others who were working and could listen to him and managements comments about who were fired or quit.

IF MANAGEMENT OR BRENT IS READING THIS.... RIDDLE ME THIS....

BEING EVIL YOU CANNOT MEASURE.....
BUT BEING TRUE IS LIKE DAVID....
IS THAT NOT RIGHT GOLIATH
SO, WHERE WILL YOU STAND WHEN I AM FINISH WITH YOU?

I will not sleep until justice is served. If there is a crack in what he thinks is a fail proof system I will find a way in.... I will not sleep until justice is served.