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  • Report:  #1278990

Complaint Review: Loan Compliance Advisory Group - Nationwide

Reported By:
annonymous - Washington, Maryland, USA
Submitted:
Updated:

Loan Compliance Advisory Group
Nationwide, USA
Phone:
8888835224
Web:
Loancomplianceadvisorygroup.com
Categories:
Tell us has your experience with this business or person been good? What's this?

Loan Advisory Group was hired to conduct a reduction of my principle mortgage balance by 50%. Mr Bisogno claimed he could do this because of his connections and knowledge of the industry.

After a few weeks of dragging paperwork Mr. Bisogno stated that not only could he get the mortgage reduced through his diligent work, he could also have the surety bond on my property released to me. At this time, he asked for more money to get the work on this part of the process.

This charade went on for over 90 days. Mr. Bisogno kept insisting that he was working hard and that it would take more time. He claimed he was in meetings with the mortgage copmpany but ws always at the office. The more I called, the more he was not available.

At this point I became frustrated and asked for an update to my case. I confronted him about the amount of supposed effort put in. he became defensive stating that he had a loty of knowledge and I just had to wait longer.

At this point I started to distrust his word. I started calling the mortgage company myself. This was now an excuse for him to use saying that I was "destoying his rapport". The Mortgage company stated they had never heard of or spoken to anybody from Loan Advisory Compliance Group or Mr. Bisogno.

Upon confronting him about this revaltion, he became even more distant and refvused to talk at all.

 



2 Updates & Rebuttals

Anonymous

United States,
Other,
USA
Joe's Home Address

#2Consumer Suggestion

Sat, August 12, 2017

For anyone who was taken by Joseph Bisogno, and would like to file a case against him, his home address in Tom's River, NJ address can be found on the Better Business Bureau website:

www.bbb.org (search for 'Loan Compliance Advisory Group' in Wilmington, DE)

The Better Business Bureau recently attached this address to their file, which already contained the address at:

2207 Concord Pike

Wilmington, DE 19803

I had kept Joe's home address in reserve, in order to keep from being excluded from litigation, but after the BBB updated their file, I did not see any reason to hold back further. This *is* Joe Bisogno, Sr.'s address, at which papers can be served. His wife, Linda, was listed on the incorporation paperwork, and presumably knows about LCAG's dishonest and fraudulent business practices as well. If some choose to go forward on their own legal actions, I did not want to hold them back further.

I have attached an old photo of Joe, Sr. in a tuxedo, which I found online, so that process servers can be sure they have the right Joe Bisogno. The site where the photo could be found has been taken down since I originally discovered it, indicating that the pressure I've applied thus far has had an effect. Further, Sandy and Linda have blocked me on Facebook, indicating that they are aware of what's going on. I have not yet confirmed Sandy's address the way I've confirmed Joe & Linda's, but she does live nearby. I have a most likely candidate address, but choose not to post it, since she has presumably innocent family living with her. As both Joe, Sr. and Linda are both implicated, and the BBB has already outed them, I consider them fair game here.

Newer, family photos of Joe show that he has aged some since the attached photo. I did not post other photos to avoid implicating other family members who, to my knowledge, are not involved in LCAG. I have also attached a photo of Linda, taken from her Facebook page.

Best to all in your pursuit of justice. Apologies for any delay.

Report Attachments

Anonymous

United States,
Other,
USA
Report LCAG To The Federal Trade Commission

#3Consumer Suggestion

Fri, June 30, 2017

My story is painfully similar to yours. I suggest you file a complaint with the Federal Trade Commission (FTC), and please keep reading.

Please see the first post about LCAG in this thread, originally submitted on November 22nd, 2011 and updated May 6th, 2015, for my full response and record of recent interaction with Joseph Bisogno. My full response to the first post has the same title as this abbreviated response to your post.

I am soliciting attorneys now and would like to file a class action suit against Joseph and Sandy, et al. The more people who are on board, the more likely I am to obtain a successful result. While I cannot make any guarantees, of course, I am hopeful that we will be able to secure damages through legal channels. I would appreciate your assistance. A response to this post will help get that process started.

While I cannot rule out that Joseph and Sandy managed to attach their paperwork to motions which were otherwise legitimate, I have not yet found a case in which they provided the conclusive evidence necessary to renegotiate a mortgage or obtain a bond claim. I have found substantially more cases in which people describe an experience like ours. Given the sample discovered thus far, I would not be surprised to find that LCAG never produced "specialized leverage reports" as promised in their contract to me, which no doubt was used on other victims. LCAG was operational for close to 10 years, and may still be reeling in clients, so I am hopeful that enough victims can be tracked down to move this effort forward and make it attractive to an attorney or attorneys.

Thank you for your time, attention, and efforts!

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