Jill
Delray Beach,#2Author of original report
Mon, November 27, 2006
I am the original reporter of this company and the person who has made the initial claims. I was discouraged to read the rebuttal by Tim, who gravely misrepresented the facts in this case, however, I am happy to report that after taking my complaint to the Florida Finance Commission an extensive investigation was made into my claims. I am happy to report that the Florida Finance Commission found that my complaints were accurate and that wrongdoing had been perpetrated against me. Liberty Equities was required to refund to me the entire commission that I was forced to pay at the closing and penalized them additionally by making them pay to me the sum of money that World Savings had paid them in additional commissions. I know that a larger investigation into their practices went on beyond my case, although I was not permitted the facts until the case was closed. Even though it was a horrible experience, I recommend that any parties injured by this type of extortion take your complaint to the Florida Finance Commission. They treated me respectfully, thoroughly investigated my complaints and all the paperwork evidence in the case and in my case, compelled the company to reimburse me. Have faith in the system, I did and I was protected! Jill
Timothy
BOCA RATON,#3UPDATE Employee
Sun, November 26, 2006
Jill has not been factual in what she has stated. Jill was referred to me by one of the top local realtors a year and a half before she purchased her new home, her credit was extremely bad and I recommended that she work on improving it. Jill had asked for names of several brokers that she could talk with and Scott was one of the people that called her and took time to go meet Jill. Jill moved back to Europe for over a year and when she returned to the USA she had contacted another mortgage broker in Ft Lauderdale FL who started working with her on her new mortgage application and she used a new realtor (friend) who had never closed a real-estate transaction before. Two weeks before Jill's scheduled closing she contacted me again and asked for Scott's number because the broker she had been using could not help her because of her credit situation and she stated that her friend the realtor had no idea on what to do. I gave her Scott's number again and Scott was ready to close her loan and meet her contract deadline. Jill decided that she was not going to close her loan on the deadline and demanded that the lender not charge her a pre-pay and keep the loan terms the same without the pre-pay. Jill received everything that she was supposed to receive and Jill should be happy that Scott took the time to get her a loan in two weeks considering that the first broker could not get her a loan. Jill should be grateful she got a loan with her credit situation and expecting Scott to work for free and make nothing is not right. It is clear that Jill does not have the facts right, World Saving pays the broker commission only on the loan amount not on a purchase price. Jill also left off the fact that her loan size was very large (super jumbo) and a very small percentage commission still generates an average size commission. Jill was not confused at all that she was not dealing with WAMU. This is just another fabrication to her story. The WAMU guy.