Category: Dana Capital Group - Mortgage Center - The Mortgage Star

Sunday, April 10, 2005

4/8/05—my DRE complaint about Infasource and Hyatt, CBSK, Bob Molnar, Archer Finance, Prime One

You can expect a junk faxer like Hyatt to lie and to commit perjury. 

The conduct of the DRE brokers sure is perplexing.  Is the DRE just another agency working to protect its members, the brokers?  Is that why Laura Archer (broker Archer Finance) and Todd Dalton (broker Prime One Financial) decided to simply ignore my suit?

CBSK, dba American Home Loans, apparently condones the illegal marketing.  My correspondence with their attorney Russell Grandy is posted at Fight Back!!!

Grandy is a liar, another scum sucking bottom feeding attorney.  I will never talk to him on the phone again unless I have his permission to record. 

We shall see what happens.  The long promised press release is next.  Wish I could triple the hours in my day.

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Saturday, February 26, 2005

Is Dana Capital’s “Ron Connors” the certified nonprofit’s “Ken Hall?”

They sure sound a LOT alike!

I’d like to know if it’s true that Dana Capital employees don’t use their real names.  Please contact me if you have any info on this or their relationship with Irvine based Sound Media.

Thursday, February 24, 2005

“Irvine Funding” - brand new front for Dana Capital Group?

I responded to the 2/17/05 mortgage junk fax with no name, fax only: 800-595-0084 rem. 800-595-0046

Today I received a VM from Raymond, Dana Capital 877-514-3863 ext 218 or direct at 949-450-5978

The junk fax and Raymond’s VM

Both #s were answered by “Irvine Funding” but on the VM Raymond IDs himself as Dana Capital.

Raymond’s direct 949-450-5978 is unlisted in Irvine, Cal.

I found no DRE license, nothing in a Google search for Irvine Funding, nothing for the 877-514-3863.

I called, but couldn’t get to a person.

Tuesday, February 22, 2005

TCPA complaint against Dana Smith, Dana Capital Group, Homeowners’ Friend, Joseph Hendricksen

This is a very interesting complaint.

Attorney Stacy Allen was on the do-not-call list and got several hangup calls from 714-692-6900—the number for Homeowners’ Friend. She spoke to the manager Joseph Hendricksen who promptly accused her of extortion.

During subsequent communications, Hendrickson provided the (800) 400-4046 ext 106 as a call back number.

“15. On or about January 7, 2005, Allen received a call from someone who identified herself as Amanda Smith, a paralegal for Dana Capital. In the conversation, Smith acknowledged that she had “had some problems with Hendricksen” on which she did not elaborate. Allen conveyed her demand for a global settlement, which included a contribution from Hendricksen for his abusive conduct.

16. On January 10, 2005, an attorney by the name of Daniel Nassie who said he represented Dana Capital. Allen discussed her claims, and requested that he convey the demand to his client. The following day, Nassie called back and reiterated an offer that did not include Hendricksen. Allen declined the offer.”

Stacy Allen’s claims include TCPA, libel and slander (the extortion accusation).

Word document: Maryland TCPA complaint against Dana Capital and Homeowners’ Friend

Wednesday, February 16, 2005

Dana Capital Group - the illegal marketing king!

Lately I can’t believe what I’m hearing.  Every time I call on a mortgage junk fax, it’s some mortgage company doing the California loans and Dana Capital Group does the loans outside California.

1) First it turned out that “Mortgage Center” (became themortgagestar.com and now ???) processed loans for Dana Capital and used the Dana Capital credit bureau account to obtain consumer credit reports.

After first operating out of Phoenix, “Mortgage Center” moved to Chino, Cal. (near San Bernardino) and apparently they’re the undercover branch of Pacific West Mortgage. I had a long talk with broker Nanadiego who knows that they’re faxing, had told them to quit, but apparently he doesn’t have a lot of authority.  Pacific West does the California loans, Dana Capital gets the out of state loans.

Dana Capital’s Amanda Smith lied all the way and their attorney still doesn’t want to acknowledge the relationship with “Mortgage Center.”

What is the relationship between Dana Smith (owner) and Amanda Smith (Legal Dept. Coordinator)?

I didn’t get a good settlement offer and as I was looking at that Dana situation some more I realized that they had no permissible purpose to run my credit - since they claim to have nothing to do with “Mortgage Center.”

It upsets me when people and especially corporate execs and lawyers lie to me.  So after NCO ignored my request for investigation, I demanded my $1,000 from NCO, who had sold my credit report to Dana Capital.  I’ve had my dealings with NCO on behalf of clients and they’ve always been hellish to deal with, but this time they really outdid themselves.

NCO returned all the documentation I had sent to them (my DRE complaint, correspondence with Dana, etc.) and demanded that I provide them with my SSN and info about the original creditor.  NCO started to collect an entirely fictitious debt instead of shutting off the Dana Capital access to credit reports. And of course they didn’t send me my $1,000 for statutory damages.

So last Saturday I put the packages together for the CRAs, requesting that they terminate the NCO and Dana Capital Group access to credit reports.

We shall see what happens, if the CRAs don’t terminate them I’ll sue for running my credit without a permissible purpose.  The CRAs also have an obligation to ensure that they resell consumer credit reports only to reliable and trustworthy companies, not scummy outfits like Dana Capital and NCO who totally ignored my complaints and couldn’t care less which criminals have my credit report.

Ok - sorry, I just have a thing about ID theft and privacy.

2) In January I got a mortgage junk fax for Help-U-Finance and just like Pacific West Mortgage, they do the California loans and Dana Capital does the out of state loans.

3) Today I got another mortgage fax and I was transferred to People’s Home Loans, and as you by now expect, they do the California loans and Dana Capital does the out of state loans.

Since Michael Aviles at People’s Home Loans covered for the faxers and then hung up on me, I did a little research - looks like another scummy outfit on all levels.

Robert Cirelli somehow got my phone # (he wasn’t the agent I had spoken with) and he left a message for me from “Peoples’ Home Loans / Dana Capital” When my e-mail inquiring about his license status bounced (I didn’t find a license at the DRE site), I called the cell # listed at the People’s Home Loan website.  His announcement was for ”American Residential Funding / Dana Capital.”

Summary:  Dana Capital has these arrangements with a number of mortgage companies to get all the out-of-state loans.  When they get a lead, they ask where the property is and that’s how they determine which company’s credit report account to use.  To do the loan, the right mortgage broker has to be named on the credit report.

Dana Capital set up at least one corporation with a similar name and ignored my request for an explanation.  They probably want at least one other corporation to fall back on if they run into serious legal trouble with the main corporation or they’ll use the new corporation to get the judgments against and then this corporation owns nothing.

Maybe it’s just a scam to throw off some of the TCPA litigants - but Dana Capital definitely took steps to ensure that they have a 2nd licensed mortgage company with almost the same name and address: Dana Capital Group of Arizona.

It really sucks to know that you could be applying with any lender, research them and be comfortable with their reputation, and then you end up at a scummy outfit like Dana Capital - and there’s nothing you can do about it.

Well, I hope this summary makes sense, this is the very short version.  At the Mortgage junk fax forum is a lot of my correspondence with the legal departments and attorneys and my research, my DRE and banking department complaints, the VM’s from the loan agents, the junk faxes, etc.

People’s Home Loans is currently in the “Mortgage Services” topic because the fax header ties in with them. 

You can also search by category at the blog here.  The NCO correspondence is posted at the CreditSuit blog - since it’s about credit, not faxes.

It’s confusing to me too, I’ll have to reorganize sometime.  Search works, I use it a lot!  Generally scans and faxes are at Fight Back only, many of my letters are at the blog and at Fight Back, and here at the blog are the summaries and updates.

Tuesday, February 15, 2005

People’s Home Loan for Dana Capital junk fax from “Mortgage Services”

This fax got my attention:

The header states that it is from “Mortgage Services” at 312-264-4490 and I have a bunch of these faxes with that number from last year.  When I called they identified themselves as “Mortgage Services” and I thought they were the mortgage company.

By the time I figured out that they were most likely just a call center, the toll-free numbers weren’t working in my area anymore and I couldn’t ID the mortgage companies.  I finally sent my complaint to the DRE.

So I called and got to a So Cal call center and I was transferred to People’s Home Loans. 

http://peopleshomeloan.com/

“As usually”, I was told that California loans are originated by them and out of state loans go to Dana Capital.

Dana Capital just doesn’t quit.  It seems like they have a lead generation agreement with every scummy mortgage broker in California.

The junk fax, my research and my fax to People’s Home Loan

I called Michael Aviles, the office manager and asked who gets the leads for them.  He asked me what the number on the fax was, I gave him the 800-513-7420, he told me that I need to call them.  Oh so clever— NOT!  They are obviously aware that the faxes are illegal, Michael Aviles admitted that he is involved in the lead generation.  When I asked him for his fax number he hung up on me.

Am I going to be suing every broker in Southern California?  It sure looks like it.

I just sent them this fax/e-mail and I don’t expect to hear from them. 

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Friday, February 11, 2005

Dana Capital sued for using illegal auto-dialers - attorney seeking others for class action

From Ripoffreport.com:  Dana Capital - Homeowners Friend Blatant TCPA violator Yorba Linda California

This company uses an auto-dialer to call on people to get them to re-finance. Too bad I didn’t figure this out when it started, but after the 12th hangup, I investigated the number using a criss cross directory, and sent a letter to them stating the violations I could prove amounted to $3,500.00 in statutory damages under the TCPA. In the meantime, they kept calling until I picked up the phone and announced who they were, which flustered the caller. I demanded to speak with a Manager, and then was speaking with “joe” who claimed to be a manager. When I informed “Joe” that his company’s violations amounted to $3,500.00 he “accused me of trying to extor money from the company”, which, to an attorney, is a serious matter.

I am suing them, and contemplating a class action. If anyone out there has experienced the same problem with this company or any other company violating the prohibition on auto dialers (they are disallowed for marketing purposes, as are auto fax dialers), I would be happy to give counsel

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I’m aware that others have sued and settled with Dana Capital for these types of violations.  Apparently the cost of settlements is less than the profits from the calls.

Wednesday, January 12, 2005

Help-U-Finance, Inc., Santa Ana, Cal. and Executive VP Steve Daniels, another front for Dana Capital

Is it SLOW for the mortgage brokers?  I got ANOTHER mortgage junk fax today:

1/11/05 junk fax Help-U-Finance

“Mortgage Rates Hit a New Low
Save Money in 2005!”

800-701-9975
rem: 800-910-6926

When I called the 800-701-9975 on the fax, I was transferred to Help-U-Finance.

I spoke with loan agent Alan Nagi, but couldn’t find a license for him with the DRE. He gave me their direct # at (800) 760-1833 and he told me that out-of-state loans are processed for Dana Capital.

Is there a mortgage company that’s NOT marketing for Dana Capital?

So I spoke with Steve Daniels and of course he recommended that I have my fax # removed. He pretended to not know about any problem with junk faxes and pointed at “Bridge Marketing.”

I decided to send him a followup mail with a few links to make sure that he’s aware of his liability for treble damages, that he and his company are getting some very bad PR and that I’d like to find out who really sends the faxes.

My e-mail to Executive VP Steve Daniels:

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Tuesday, January 11, 2005

My complaint about The Mortgage Star with the FL Bureau of Regulatory Review

1/11/05

I was unable to find a license for this company:

http://www.themortgagestar.com/corpinfo.asp

“The Mortgage Star is a locally owned and operated Correspondent Lender that utilizes cutting edge technology and a commitment to superior customer service in originating and processing mortgage loans.

The Mortgage Star
7350 S. Tamiami Trail, Suite 69
Sarasota, FL 34231

Phone: Please contact your local office
Fax: 800-305-4020 “

I am currently litigating against Dana Capital Group, CLB 0501184 as this “Mortgage Star” aka “Mortgage Center” is a front for Dana Capital Group’s illegal marketing.

For details, please read my 12/29/04 press release “Mortgage Banker Dana Capital Group Named in Junk Fax Lawsuit”

http://prweb.com/releases/2004/12/prweb192051.htm

I am attaching the junk fax I received today from http://www.themortgagestar.com/ and my research is posted at http://fight-back.us/forum/index.php?showforum=33

I will greatly appreciate your investigation of the illegal Dana Capital Group marketing, please consider this my complaint.  Please advise about “The Mortgage Star” licensing status.

Sincerely,

Christine Baker

Dana Capital = Mortgage Center = The Mortage Star: new number 800-862-5690

The new phone # 800-862-5690 on yesterday’s fax was answered at almost midnight PST by “Cindy” - after hours calls are forwarded to her cell phone.

She wouldn’t provide her last name and told me to call tomorrow. She gave me the number for the “main office”, the 800-310-9008 - which is the Mortgage Center number. I called and it was still answered as “Mortgage Center.”

Monday, January 10, 2005

1/10/05: new junk fax from “TheMortgageStar.com” - same as Mortgage Center

They don’t know when to quit.

http://www.themortgagestar.com/ was just registered as PRIVATE domain on 11/4/04.

The owner of the real companiy MortgageStar recently contacted me because he’d been accused of sending these faxes.

As I previously posted, I had been given their website when I called Mortgage Center.  That’s because when someone is told to go to themortgagestar.com they don’t add “the” to the URL.

The 1/10/05 junk fax

It’s obviously the same fax, they just changed from “Center” to “Star”, added the URL and now you get a cruise with your loan.

Tuesday, January 04, 2005

Dana Capital Group press release accessed over 58,000 times

That’s impressive - a lot of bang for $30.

Mortgage Banker Dana Capital Group Named in Junk Fax Lawsuit

Wednesday, December 29, 2004

12/29/04 Press Release: Mortgage Banker Dana Capital Group Named in Junk Fax Lawsuit

I may end up with the record for the longest press release.  I tried to shorten it, but there was just so much I needed to get in for proper search results:

NAMES - lots of names, of the people and companies involved.

PHONE NUMBERS - the numbers on the faxes.

I almost limited the release to Dana Capital, but I think it’s important to show how I’m dealing with numerous junk faxers and I had promised Keith Hyatt a press release.

In the future, I’ll try to limit myself to just one scam and I’ll send out releases a lot more often. 

PRweb is God’s gift to consumers.

I didn’t have any attachments this time, so I went with the $30 distribution. 

Below is the entire release as well as at
http://prweb.com/releases/2004/12/prweb192051.htm

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Monday, December 27, 2004

Press release and DRE complaint about Dana Capital Group and Pacific West Mortgage

I sure was busy last week - and NOT Christmas shopping.

On Friday I mailed out my complaint with the DRE about Dana Capital Group and Pacific West Mortgage

I also mailed my request for termination of the Dana Capital credit report account to NCO Systems

I should have mailed a copy to Experian and to the FTC.

And, I wrote my press release about the Mortgage Center / Dana Capital Group scam.  Unfortunately, my DSL went out last night just as I was ready to hit the submit button at PRweb and it was down long enough to move the release date to Wednesday.

Wednesday, December 08, 2004

Notice of press release to Amanda Smith and junk faxer Dana Capital Group

I just sent my fax to Ms. Smith and I can’t wait to hear what they have to say about Dana Capital Group’s identification as mortgage lender on the applicant’s credit report after applying with “Mortgage Center.”

My research and correspondence with Dana Capital Group

I’m getting ready for an entire series of press releases, so many new developments, can’t keep up.

Update:  Ms. Smith called and claimed not to have received my 10/18/04 fax.  Funny how my fax receipt says it was sent “OK”