Consumer reviews and reports on scam companies, bad products and services
Precision Funding Group Norman Lee Tomasello Jr. Mortgage Fraud Cherry Hill, New Jersey
20th of Dec, 2011 by User649086
Precision Funding sent me a letter stating "Your home loan for your property at _________ has gone under review ...... . It is important that you contact us toll-free (888) 274-2182 within 5 days of receiving this notice"
1. I do not own the property at the address referenced
2. There is no debt at all on the property - no mortgage whatsoever
The PFG letter identified "your personal webpage at www. ............ ." I tried to access the webpage and was denied access.
The PFG letter urged me to contact "our loan representative" and provide my case number as set forth in the letter. I called and first talked briefly with Kristi (SP?) who transferred me to a mortgage specialist: Norman Lee Tomasello Jr. I asked what was the source of the information he had, to which he responded by saying "the public records of your county" and my credit report.
The public records do no show the information set forth in the letter. I have not authorized PFG or any mortgage broker or originator to review my credit report. I am not in the4 market for a mortgage.
I believe that this is a scam targetted at seniors and others in an attempt to get them into new above market mortgages by promising lower rates and easy take out cash.
I asked Normas whether he was licensed and he stated that his NML was 249995, which is a valid NML license number for him.
I urge that those who receive a letter from PFG refer it to the Better Business Bureau and file a report/complaint with the attorney general and department of banking of the state in which you receive such a letter from PFG.

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