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Schumpeter Reincarnate


Joined: 24 May 2008
Posts: 218717

Re: Discussion on Assurity Financial Services, LLC
PostPosted: Mon Feb 22, 2010 10:23 pm Reply with quoteBack to top

http://ml-implode.com/imploded.....02-22.html
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AZLender9
Dud?


Joined: 12 Feb 2009
Posts: 12

Assurity-
PostPosted: Tue Feb 23, 2010 12:14 am Reply with quoteBack to top

So, would this be considered a "changed circumstance" for the loans we have in the pipe with Assurity?
{sigh} I really liked Assurity too.
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mickblanco
Dud?


Joined: 01 Jan 1970
Posts: 11

long lost
PostPosted: Tue Feb 23, 2010 1:56 am Reply with quoteBack to top

closed a loan with them in august. brought in great borrowers on a purchase. assurity was a complete nightmare. not even close to being on the ball.
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AZDuffman
Dud?


Joined: 18 Dec 2008
Posts: 11

Boiler Room
PostPosted: Tue Feb 23, 2010 4:39 pm Reply with quoteBack to top

I worked there a few weeks in 2008. Heck, they were the ones who told me abotu this site! I didn't stay on because the place was an unorganized boiler room IMHO. Their whole pitch was to get back your escrowed FHA premiums and other escrow like taxes. So you got a refund of this but rolled a new premium into the new loan. And if it took the borrower ten years to recoup the rate savings after all points and fees, so be it.

_________________
An underwriter's job is quite simply to approve loans for people that will pay them back and decline them for those who cannot or will not.
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AKatz
Dud?


Joined: 26 Feb 2010
Posts: 1

Re: Discussion on Assurity Financial Services, LLC
PostPosted: Fri Feb 26, 2010 4:01 am Reply with quoteBack to top

Glad to see that Assurity and all their dishonest tactics have finally led them where they belong. Fortunately, the fun is only just beginning!
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