Envision Lending Group Inc. Added to Ailing/Watch List of Lenders

kellyfontes at 01:43 2008-12-04 said:

ML-Implode,

Considering the fact that Envison is a broker and not a bank I dont see how they can be ailing. The loan officer or other mortgage company that was quoted as saying it was a "sudden suprise move" regarding the dropping the 20 lowest performing states is an idiot. Hey pal, go get your shine box.

After 9 years in the business, Envison is the first broker I have ever worked wiht that treats its loan officers wiht honesty and does not play games wiht their checks, regarless if you produce 1 loan a month or 10.

To have Envison Lending Inc on the watch list is absurd.

Regards, Kelly A Fontes Envison Lending Inc Las Vegas, Nevada Permalink

beckyg at 03:00 2008-12-04 said:

I agree with Kelly - why is Envision even on this website? I thought this was a watch list for LENDERS. Are you now watching brokers???

And the tone of the article is ridiculous - who needs more hysteria? A broker not renewing licenses in low producing states is newsworthy? And why is this of any importance to Mortgage LENDER Implode-O-Meter? It is very misleading to have Envision on your website. Permalink

envisionlending at 00:38 2008-12-06 said:

Even though Envision is not a lender, I think they should be on the list. Loan Officers and Lenders should know that a Broker is having licenses revoked or determining not to renew them. Envision pertends to play by the rules, but if you have worked for them or delt with them in the past you know they clearly don't. For example: It is my undderstanding that they allow co-brokering and commission sharing with other Loan Officers inside the company when they are not licensed in the State the property is located. It is my understanding they are still allowing (Fake) marketing invoices so Loan Officers can be paid like independant contractors to get around FHA and State law. I also know several Offices they have Loan Officers conduct business out of that are not licenced in Nevada and Utah against State law. You can only break the rules for so long. Even if you are ONLY a broker. I am just happy I do not work for Envision Lending Group, and that most of my friends have left. Permalink

envisionnot at 09:37 2008-12-09 said:

I think Becky and Kelly are missing the point; Lender or Broker Envision is NOT operating legally and everyone knows it. Your just hopping you can continue to benefit from Envision's impropriety as long as possible. Permalink

Why so Serious? at 06:05 2008-12-16 said:

The negative comments posted about Envision is just regurgitated slander that is designed to spark distrust in an overall effective and fair company. Envision practices well within compliance and puts it's policies in line with regulatory agencies. In an industry that is constantly evolving, Envision has proven to be rather adept at ensuring enough oversight of it's employees. Unfortunately there are singular incidents on the part of reckless individuals that ruin for everyone else. Why create more hysteria? These types of stories and negative comments do nothing but serve those that stand to benefit from the chaos in the industry. Do some REAL research and don't be so reckless. Permalink

Why so Serious? at 06:06 2008-12-16 said:

The negative comments posted about Envision is just regurgitated slander that is designed to spark distrust in an overall effective and fair company. Envision practices well within compliance and puts it's policies in line with regulatory agencies. In an industry that is constantly evolving, Envision has proven to be rather adept at ensuring enough oversight of it's employees. Unfortunately there are singular incidents on the part of reckless individuals that ruin for everyone else. Why create more hysteria? These types of stories and negative comments do nothing but serve those that stand to benefit from the chaos in the industry. Do some REAL research and don't be so reckless. Establish your own views based on your experience and don't parrot the sentiments of other uninformed individuals. Permalink