- Report: #239674
Complaint Review: Security Home Mortgage - Garden City New York
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Author Confirmed
Why?
Security Home Mortgage
825 East Gate Blvd. Suite 306 Garden City, 11530 New York, U.S.A.
Phone:
516-222-5460
Web:
N/A
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Business Rating:
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Tell us has your experience with this business or person been good?
Security Home Mortgage This company is trying to keep about $12,000.00 from. The underwriter (Saeed) over looked an item on credit report and gave me a clear to close. Now we can't sell the. No Fraud was in the file either. Garden City New York
I had closed a loan on Jan.05,2007. I was employeed at the time as a branch manager in Staten Island, NY. We were bankers and closed this loan as a correspondent lender, Mr. Saeed was the underwriter on this file. He reviewed this file and gave me the clear to close! We closed this loan,Nomura was suppose to buy this loan off our warehouse but did not like the way this loan was underwritten.
There is no Law that states the employer is allowed to keep this commision nor have the rights to charge me any cost for the mistake of an underwriter. The banking law is if there was fraud in the file the employer has the right to keep commision from loan and can charge employee any cost occured, and call the proper authorities!
This loan nothing to that nature nor did I over look anything, I got my clear to close from the underwriter!
This is what the banking department is reporting as of today!
Suspended Effective 03/13/2007
Security Home Mortgage Ltd. D/B/A
Best Mortgage Solutions
Additional DBA(s)
Alpha Galaxy Capital
825 East Gate Blvd., Suite 306
Garden City, NY 11530
Remy
Staten Island, New York
U.S.A.
There is no Law that states the employer is allowed to keep this commision nor have the rights to charge me any cost for the mistake of an underwriter. The banking law is if there was fraud in the file the employer has the right to keep commision from loan and can charge employee any cost occured, and call the proper authorities!
This loan nothing to that nature nor did I over look anything, I got my clear to close from the underwriter!
This is what the banking department is reporting as of today!
Suspended Effective 03/13/2007
Security Home Mortgage Ltd. D/B/A
Best Mortgage Solutions
Additional DBA(s)
Alpha Galaxy Capital
825 East Gate Blvd., Suite 306
Garden City, NY 11530
Remy
Staten Island, New York
U.S.A.
