New Haven Financial review: mortgage rip-off 88

Cheri,

Nonwithstanding the fact that all of the above commentary is slanderous in nature, Malicious in its intent, and not based in any form of fact the bottom line for Cheri Harris is the following:

A Document entitled "Quit Claim Deed" was signed, notorized, and recorded eliminating any interest in the property you had to your husband, James W. Harris: Recorded on March 10, 2006 as instrument #[protected] San Bernardino county records.
This contained what is believed to be your signature and notorized by Tamara Sherine Johnson whose address is 3506 E. 10th Street, Long Beach, Ca 90804

If it is not your signature on that document then it is a forgery perpetrated by your husband who was the benefactor of the fraudulent deed. If this is the case then contact an attorney and make a claim against the title company who will in turn go after who wronged you. Better yet contact the local police agency and the "criminals" will be prosecuted. I will be happy to speak with anyone you so desire.

If it is not a forgery and you indeed signed it then you gave up your rights to the property.

This document in at itself gave him the ability to act solely and borrow against the property.

GIVE ME YOUR EMAIL ADDRESS AND I WILL FORWARD THE DOCMENT TO YOU FOR VERIFICATION.

We at New Haven act in the best interest of all our clientle with both the consumer/ borrower and the investor/client.

Other than that you or anyone else with questions may contact me at any time at [protected].

Sincerely,
Scot R. Fine
Chief Executive
New Haven Financial, Inc.

Sounds like Scott Fine has a strong case Cheri.
Does Wronged work for New Haven too?

Scott,

There is not one word of slander or malicious intent in any thing I have posted on this blog. To the contrary EVERYTHING I have written is DOCUMENTED.

While your offer of documentation does not go noticed or unappreciated, I do not need you to forward the quit claim to me.

INTERESTING FACT, I had to have a title company order all the documents recorded by your company because copies of the documents were not supplied to the borrower by THE LENDER, NEW HAVEN FINANCIAL.

THE SIMPLE, CRYSTAL CLEAR FACTS, SCOTT...

The quit claim deed did NOT give your borrower the authority to secure a loan with your firm. The loan, eviction and forclosure on the discussed property were done illegally. Shall I forward the documentation to you? Clearly you are using this quit claim deed as your stamp of legality for this loan and transfering responsibility to the Title Company. Constant reference to my claim being with the insurer of the documents is interesting. NEW HAVEN FINANCIAL PREPAIRED THE DOCUMENTS AND PROCURED THE TITLE COMPANIES INSURANCE OF THEM.

There are many, many other indiscressions with regards to this loan that you haven't taken into account.

STOP HIDING BEHIND A SMOKE SCREEN...

Was not the notary you mention paid by your company to verify identities, dates, documents ***PREPAIRED BY NEW HAVEN FINANCIAL*** and notarize the loan documents between your investors, you and the borrower? Regardless of whether or not her fee originated from the borrowers costs, was not her compensation dispersed out of the borrowers cost directly from your firm? Were not her services rendered at New Haven Financials request, not the borrowers? Do you know what a notaries responsibilites are legally Scott?

STOP INSINUATING THAT I'M A SIMPLETON ATTEMPTING TO RECEIVE A PAY OFF FROM NEW HAVEN FINANCIAL...

I beleive that I have already stated that HAD your company acted in the best interest of your investors and worked with me at the onset of this situation, rather than persue the big pay off of eviction the out come would have been acceptable to all involved. The events that unfolded are indicitive of the kind of mortgage scemes New Haven perpetuates.

Shall we move on to whom actually funded the loan and how their funds were procured with the documents PREPAIRED BY NEW HAVEN FINANCIAL?

I think I would like for you to contact the investors and invite them in on this dialog. They may have some very important facts to contribute.

Cheri Harris

Cheri, I truly don't think you know what you're talking about. From what I've read here (and what a waste of time that has been), you're mad at the wrong entity and assume others have benefited from your loss of your rent free house. It appears you're mad at having to pay rent somewhere now. Takes some getting used to, huh? Time to move on. Next time you buy a house, get cancelled checks for your mortgage and property tax payments. And when you respond to this post, take a sedative first and try to reduce the amount of words by 90%. Your attorney (if you really have one) and everyone here that may read your posts will thank me.

Cheri,

The Quit Claim Deed was prepared and sent out for signature in order to meet title company requirements. We have no affiliation with the Notary nor did we compensate her for her services. There was ZERO benefit, nor has New Haven Financial ever benefited from any foreclosure on any property in the companies history. Foreclosures are a service demanding exercise and costly endeavor for our firm that we prefer not to be involved in.

Further, all of your accusations against our firm are false. No "Documented" evidence has been provided by you in any way that we did anything. Your tone has consistantly been on the offensive and slanderous and really is an unsophisticated fishing expedition without meritt as to fact. Straight FICTION! Get off your higher than thou horse and make something happen that will benefit you.

My suggestion is that you take my advice and proceed with whatever legal remedies need be taken. This dialog would better serve you in the appropriate forum which is a court of law.

I WELCOME THE LEGAL PLEADING SO THAT YOU MAY GET THE ANSWERS YOU ARE LOOKING FOR. - PLEASE HAVE YOUR ATTORNEY GET ON IT ASAP.

I wish you all the luck in being successful in your endeavor.

And as said before, you can reach me and our firm at [protected].

Sincerely,
Scot R. Fine
Chief Executive
New Haven Financial, Inc.

How many lawsuits is New Haven involved in? Public records show a lot of people are suing them. Rifkind v. New Haven and Fisher v. New Haven are suing them for Fraud. Sounds serious.

Unfortunately in the real business world you become guilty of your own success. Anyone can sue anyone for anything!

Curious though... why have you elected to be "Scot Fines Conscious"?

I am very "conscious" of the way we handle our business affairs. Did you mean to entitle it "Scot Fines Conscience"?

It is very unsettling that another anonymus individual is commenting without revealing their true identity? What is the deal with that?

As far as business litigation, we are an open book and I will be more than happy to discuss it @ [protected].

Cheri Harris. Cheri Harris, I am so glad I found you here o n this internet. This is Eula Lee from Hesperia church, you know me, honey, am so glad I found you and your ee mail. My granddaughter taut me how to find you on the computer here at the Hesp. library. Hope I push the rite buttons my eyes are so bad and dont know the computer good. How did COurt go /? The tax people got way nasty had no call to due that to you you were just trying to sell conubeans to the poor people a t a low price as you said. The last time we sat and chatted you were fretten about husband 3 and the bankruptsy. I don't get it all don't know why you ended up bankrupting when you got the good pot of money from the Lord for owning a house. It was ritefuly yours for buying a house a while back. That is what that guy at church your husbands friend says. Dont kno what happend to him. Just a shame you have been through the same thing with 3 husband now and 5 babies. Why it is they run out on you after being with you a while always ending up bankrupting is a mystery the Lord will reveel at a later time. All will be reveeled the good book says. Just make shure your slate is clean. Havnt seen you at meetings we miss your spunk so come one back Cheri Child. Jerry got a dui but is hoping the lawyer that helped you will help him to. Love Eula

Eula, we have a lot of catching up to do! Honey, its 8 husbands, 12 kids and my 11th bankruptcy! If I don't find a man to support these kids soon, I may never get off welfare. If you know of any single hog farmers send them my way. I'm sure theres a man out there for me that will take care of me and these darn kids. I may have a few extra pounds and less teeth than most hookers in town, but I sure as hell know my cons. I've conned the pants off many a man and never got a complaint, that is until the babies start poppin' outa my belly. If I could just find a good catch I could put my connin ways to rest. Maybe it would do me some good to right my wrongs and make my peace with my maker before its too late. I've had this cloud hangin over me for what seems like an eternity, maybe the good Lord is tryin to tell me somethin, ya think?

Wronged, you aren't even worthy of a response. However, a peice of advise...Hello? If you don't like what you are reading, why don't you move on? LOL, talk about talking too much, your using up your energy TALKING about something you know nothing of. What a waste of time.

Thanks for the laugh! I'm so happy to see that it was someone involved with or defending New Haven that made the first stoop to pathetic, childish behavior. Rather than them goating one of their victims into a retaliation. No other way to defend themselves than to move the focus off the point in case.

Town W., you're obviously looking for profit. Eula, good for you. Maybe you'll be the only one to get Ms. Harris to find out how to remove the entire complaint from this useless "complaints" board.

To Conscious: The amount of lawsuits any company encounters in this age is an indication of a poor economy and an abundance of attorneys looking for any kind of work. Even Cheri has an attorney. Town H: you'd benefit from reducing the words to your posts also. So tiresome to read.

FILED: October 16, 2008 DEPARTMENT OF REAL ESTATE
SCHEDULED HEARING DATE: June 15, 2009
------------------------------------------------------------------------------------

BEFORE THE DEPARTMENT OF REAL ESTATE

STATE OF CALIFORNIA

* * * * *

No. H-35387 LA

ACCUSATION

In the Matter of the Accusation of

NEW HAVEN FINANCIAL INC;

and, LAWRENCE S. RABINOFF,

individually and as designated

officer of New Haven Financial Inc.,

Respondents,

The Complainant, Robin Trujillo, a Deputy Real Estate Commissioner of the State of California, for cause of Accusation against NEW HAVEN FINANCIAL INC., and LAWRENCE S. RABINOFF, individually and as designated officer of New Haven Financial Inc., alleges as follows:

1.

The Complainant, Robin Trujillo, acting in her official capacity as a Deputy Real Estate Commissioner of the State of California, makes this Accusation against NEW HAVEN FINANCIAL INC. and LAWRENCE S. RABINOFF

2.

All references to the “Code” are to the California Business and Professions Code and all references to “Regulations” are to Title 10, Chapter 6, California Code of Regulations.

LICENSE HISTORY

3.

A. NEW HAVEN FIIANCIAL INC. At all times mentioned, NEW HAVEN FINANCIAL INC. (“NHF”) was licensed or had license rights issued by the Department of Real Estate (“Department”) as a real estate broker. On July 28, 1994, NHF was originally licensed as a real estate broker by LAWRENCE S. RABINOFF as the designated officer.

B. LAWRENCE S. RABINOFF. At all times mentioned, LAWRENCE S. RABINOFF (“RABINOFF”) was licensed or had license rights issued by the Department as a real estate broker. On September 16, 1989, RABINOFF was originally licensed as a real estate broker; and

C. At all times material herein, NHF was licensed by the Department as a corporate real estate broker by and through RABINOFF, as the designated officer and broker responsible, pursuant to Code Section 10159.2 of the Business and Professions Code for supervising the activities requiring a real estate license conducted on behalf NHF of by NHF's officers, agents and employees, including RABINOFF.

BROKERAGE AND LICENSED ACTIVITIES

4.

At all times mentioned, in the City of Calabasas, County of Los Angeles, NHF acted as a real estate broker and conducted licensed activities within the meaning of:

A. Code Section 10131(d). NHF operated a mortgage and loan brokerage; and

B. In addition, NHF conducted broker-controlled escrows through its escrow division under the exemption set forth in California Financial Code Section 17006(a)(4) for real estate brokers performing escrows incidental to a real estate transaction where the broker is a party and where the broker is performing acts for which a real estate license is required.

MORTGAGE LOAN AND BROKER ESCROW AUDIT

5.

On September 24, 2008, the Department completed an audit examination of the books and records of NHF pertaining to the mortgage loan and broker-escrow activities described in Paragraph 4 that require a real estate license. The audit examination covered a period of time beginning on March 1, 2005, 2006 to January 31, 2008. The audit examination revealed violations of the Code and the Regulations as set forth in the following paragraphs, and as more fully discussed in Audit Report LA 070290 and 070295 and the exhibits and work papers attached to said audit report.

TRUST ACCOUNTS

6.

At all times mentioned, in connection with the activities described in Paragraph 4, NHF accepted or received funds in trust (“trust funds”) from or on behalf of buyers, sellers, borrowers and escrow holders. Thereafter NHF made disposition of such funds. From time to time herein mentioned during the audit period, said trust funds were deposited and/or maintained by NHF in the bank accounts as follows:

“New Haven Financial Inc. Account No. [protected]” Union Bank of California P.O. Box 512380 Los Angeles, CA [protected] (escrow trust account)

“New Haven Financial Inc. Account No. [protected]” Union Bank of California P.O. Box 512380 Los Angeles, CA [protected] (loan servicing trust account)

VIOLATIONS OF THE REAL ESTATE LAW

MORTGAGE LOAND AND BROKER ESCROW AUDIT

VIOLATIONS OF THE REAL ESTATE LAW

MORTGAGE LOAND AND BROKER ESCROW AUDIT

7.

In the course of activities described in Paragraphs 4 and 6, above, and during the examination period described in Paragraph 5, Respondents NHF and RABINOFF, acted in violation of the Code and the Regulations in that they:

(a) Permitted, allowed or caused the disbursement of trust funds from the loan servicing trust account where the disbursement of funds reduced the total f aggregate funds in escrow trust account, to an amount which, on January 31, 2008, was $1, 939.65, less than the existing aggregate trust fund liability of NHF to every principal who was an owner of said funds, without first obtaining the prior written consent of the owners of said funds, as required by Code Section 10145 and Regulations 2832.1, 2950(g) and 2951.

(b) Failed to notify investors Sherman and Symonds that borrower Yniguez had defaulted on her loan, in violation of Code Section 10233(c)(1).

(c ) The bank accounts for the broker escrow and loan servicing were not in the name of the broker as trustee at a bank or other financial institution, nor designated as trust accounts, in violation of Code Section 10145 of the Code and Regulations 2832(a), 2950(d) and 2951

(d) No separate trust fund beneficiary records were maintained for the unidentified and unaccounted for trust funds in the loan servicing trust account in the amount of $2, 000, in violation of Code Section 10145 and Regulations 2831.1, 2950(d) and 2951.

(e) Charged financed points and fees in excess of $1000 or 6% of the original principal balance, exclusive of points and fees in the three (3) covered loan transactions for borrowers Yniguez, Goeckner and Ray, in violation of Financial Code Section 4979.6 of the Predatory Lending Act.

(f) Failed to provide Consumer Caution and Home Ownership Counseling Notice no later than three business days prior to signing of the loan documents in the Yniguez, Goeckner and Ray covered loan transactions, in violation of Financial Code Section 4973(k)(1) of the Predatory Lending Act.

(g)(1) Permitted and/or caused the disbursement of trust funds t credit report companies on the representation that these amounts were needed to pay for credit report fees, which payments exceeded the actual costs of these services. Respondents did not disclose to borrowers Yniguez, Rhodes, Balderas-Gallardo, Keshishi, Metcalf, Goeckner and Ray these “mark-ups” of said trust funds, did not obtain their consent to these “mark-ups”. Respondents retained the difference between the amounts paid and the actual costs of the services, in violation of Code Sections 10176(a) and 10176(g), and

(g)(2) Failed to disclose in writing to all parties including borrowers Anaya, Rhodes, Balderas-Gallardo, Keshishi, Metcalf, Arredondo, Goeckner and Cohen of HNF's financial interest and ownership of its escrow division, as required by Code Section 10176(g) and Regulation 2950(h).

(h) Failed to retain a true and correct copy of a Department of Real Estate approved Mortgage Loan Disclosure Statements signed by the broker for borrowers Yniguez, Anaya, Balderas-Gallard, Keshishi, Metcalf, Goeckner and Ray, as required by Code Section 10240 and Regulation 2840.

(i) Failed to retain a statement wherein the investors indicate whether or not the investment in the multi-investor loans that exceeded ten percent (10%) of the investors adjusted gross income or ten percent (10%) of the investors net worth, as required by each investor of whom meets one or both of the aforesaid suitability standards and qualifications, evidenced by a statement signed by the investor charged, and retained by NHF for four years, in violation of Code Sections 10238(f)(1) with respect to borrowers Yniguez, Rhodes, Balderas-Gallardo, Keshishi, Metcalf and Arredondo.

DISCIPLINARY STATUTES AND REGULATIONS

MORTGAGE LOAN AND BROKER ESCROW AUDIT

8.

The conduct of Respondents NHF and RABINOFF described in Paragraph 7, above, violated the Code and Regulations as set forth below:

PARAGRAPH PROVISION VIOLATED

7(a) Code Section 10145 and Regulations 2832.1, 2950(g) and 2951

7(b) Code Section 10233(c)(1)

7(c) Code Section 10145 and Regulations 10145 and Regulations 2832(a), 2950(d) and 2951

7(d) Code Section 10145 and Regulations 2831.1, 2950(d) and 2951

7(e) Financial Code Section 4979.6

7(f) Financial Code Section 4973(k)(1)

7(g) Code Sections 10176(a) and 10176(g) and Regulation 2950(h)

7(h) Code Section 10240 and Regulation 2840

7(i) Code Section 10238(f)(1)

The foregoing violations constitute cause for the suspension or revocation of the real estate license and license rights of NHF and RABINOFF, under the provisions of Code Sections 10176(a) for substantial misrepresentation, 10176(c) for a continued and flagrant course of misrepresentations or making of false promises through real estate agents or salespersons, 10176(g) for undisclosed compensation, 10177(d) for violations of the Real Estate Law, 10177(g) for negligence or incompetence.

MISREPRESENTATION

9.

Respondents NHF and RABINOFF intentionally engaged in the conduct above set forth in Paragraph 7. Alternatively, Respondents NHF and RABINOFF engaged in deceit by way of negligent misrepresentation, in violation of and Code Sections 10176(a) for misrepresentation, 10176(i) for fraud and dishonest dealing and/or 10177(g) for negligence or incompetence.

10.

The overall conduct of Respondents NHF and RABINOFF constitutes negligence or incompetence. This conduct and violations are cause for the suspension or revocation of the real estate license and license rights of Respondents NHF and RABINOFF pursuant to Code Section 10177(g).

11.

The overall conduct of Respondent RABINOFF constitutes a failure on his part, as officer designated by a corporate broker licensee, to exercise the reasonable supervision and control over the licensed activities of NHF as required by Code Section 10159.2, and to keep NHF in compliance with the Real Estate Law, and is cause for the suspension or revocation of the real estate license and license rights of RABINOFF pursuant to the provisions of Code Section 10177(h).

WHEREFORE, Complainant prays that a hearing be conducted on the allegations of this Accusation and that upon proof thereof, a decision be rendered imposing disciplinary action against the license and license rights of Respondents NEW HAVEN FINANCIAL INC. and LAWRENCE S. RABINOFF, under the Real Estate Law (Part 1 of Division 4 of the Business and Professions Code) and for such other and further relief as may be proper under other applicable provisions of law.

Dated this

Deputy Real Estate Commissioner

cc:

New Haven Financial Inc.

c/o Lawrence S. Rabinoff D.O.

Sacto

Audits – Darryl M. Thomas

Kimberly Wessle

Wronged must be Scott Fine's assistant. Who else would spend their day defending a company that doesn't seem to have a lot of suppport from people. Maybe it is Rabinoff in disguise? How do you know so much about New Haven Wronged, are you an employee? Their are two sides to ever story, Cheri and Scott told theirs, what about you? What is your issue here.

Does anyone know why Rabinoff's old company went BK?

The DRE stated that this file was still pending and no hearing was scheduled. What is the scoop here?

Wouldn't it be interesting if the ip addresses of the posters on this site were supoenaed by one of the various attorneys retained against New Haven?

That would give an interesting light to the motivation behind "Wronged"s posting.

Judgement and stipulation (preliminary):
New Haven Financial Inc. and Lawrence Rabinoff found to be in violation of various laws and regulations as follows:
1) Business and Professions Code Section 10177(d) for willfully violating the Real Estate Law.
2) Business and Professions Code Section 10145 for gross mishandling of trust funds.
Preliminary sanctions:
1) 30 day suspension
2) $50, 000 monetary penalty

To all concerned,

Just read the final judgement in the case and you will certainly see that the violations and penalties assessed are minor at best. The DRE was bound to find something considering the tremendous volume of consumer and commercial transactions handled by New Haven over its history.

FACT:

The DRE assessed three penalties as a result of its audit:

1) 60 day suspension of Lawrence Rabinoff's license which 30 days was waived for a fine of $5, 000.00 (NOT $50, 000.00 as described above) and 30 days is stayed for (2) years and will be waived if no other related violations occur.

2) New Haven is required to pay for the audit costs incurred by the Department for its investigation.

3) New Haven is required to pay for a future audit.

The DRE'a accusation was inflamatory and slanderous in its narrative but if you read between the line you will see the violations are minor.

In an enviornment where companies are failing and indivduals are running from responsibility the end result is that New Haven Financial, Inc., its principals, and associates have learned how to better themselves in the ever more complicated world of Real Estate Lending.

The End.

Sincerely,
Scot R. Fine
Chief Executive
New Haven Financial, Inc.

Scot Fine:
You are dumber than dirt.
Your company and principal were just adjudicated as having violated important consumer protection laws including the mishandling of trust funds-an extremely serious matter. The resulting sanctions were handed down by the lead agency that governs real estate practice in California. These were, and are, serious charges, the gravity of which you simply do not comprehend.
Further, there can be no doubt that pending claims and yet unfiled charges against New Haven Financial will eclipse the seriousness of this past complaint which itself remains in effect for at least the next two years.
This is hardly the end.
To be continued...
P.S. Typical of the shortcuts known to be taken by New Haven Financial, you continue to sign your title as "Chief Executive" rather than the proper title "Chief Executive Officer".
Oops-must have missed that class when your license was suspended for failure to meet your educational requirements.

NEWS FLASH!

New Haven Financial and Larry Rabinoff conceed to breaking the law with respect to ALL of the factual allegations included in the Accusation filed on October 16, 2008, including the charges of:

1.

Misuse of trust fund accounts, including maintaining a negative balance.
2.

Failure to notify investors of borrower default on investments.
3.

Failure to maintain bank accounts in the name of broker as trustee, and failure to designate those accounts as trust accounts.
4.

Failure to maintain separate trust fund beneficiary records.
5.

Illegally charging financed points and fees in excess of $1000 or 6% of the original principal balance, exclusive of points and fees in numerous loans, in violation of the Predatory Lending Act.
6.

Failure to provide required disclosures, in violation of the Predatory Lending Act.
7.

Illegal mark-ups on various fees to customers, and pocketing the difference.
8.

Failure to disclose to customers in-house ownership of escrow division.
9.

Failure to retain proper records and disclosure statements.
10.

Failure to retain investor statements of suitability/qualifications/net worth/adjusted gross income.
11.

Substantial misrepresentations, including a continued and flagrant course of misrepresentations by intentionally engaging in this unlawful conduct or making of false promises through real estate agents or salespersons, undisclosed compensation, violations of the Real Estate Law, fraud and dishonest dealing and negligence or incompetence.
12.

Overall conduct of New Haven Financial and Lawrence Rabinoff constituting negligence or incompetence.
13.

Overall conduct of Larry Rabinoff constituting a failure on his part, as officer designated by a corporate broker licensee, to exercise the reasonable supervision and control over the licensed activities of New Haven Financial, and keeping New Haven Financial in compliance with the Real Estate Law.

REAL ESTATE LAWS VIOLATED:

7(a) Code Section 10145 and Regulations 2832.1, 2950(g) and 2951

7(b) Code Section 10233(c)(1)

7(c) Code Section 10145 and Regulations 10145 and Regulations 2832(a), 2950(d) and 2951

7(d) Code Section 10145 and Regulations 2831.1, 2950(d) and 2951

7(e) Financial Code Section 4979.6

7(f) Financial Code Section 4973(k)(1)

7(g) Code Sections 10176(a) and 10176(g) and Regulation 2950(h)

7(h) Code Section 10240 and Regulation 2840

7(i) Code Section 10238(f)(1)

I read the "Stipulation and Agreement" signed by the DRE and Larry Rabinoff filed on June 17, 2009. Everything that James K. says above is true.
Which means that everything that Scot Fine said is false.
What was Scot reading, the Sunday comics? Remember him saying that "the complete audit found minor infractions", and "upon the completion of the investigations the actual findings will be of record", and "New Haven takes pride in meeting customer needs and acts in the best interest of the consumer and its investors". Not so according to the DRE, which suspended NH's and Larry's license for 2 years. You don't do that except for MAJOR infractions. (they are on probation and paid some cash to stay in business during that time)
John Dolenson said "I live in the United States of America where people are INNOCENT until PROVEN guilty. The complaint gives me caution to invest or use New Haven Financial, but let the courts and the licensing authorities deal with the complaint." They have spoken.
Cheri Harris said in response to John's comments: "So you see, your posts are distracting us from warning and alerting other fraud victims whom may not otherwise know that they are not the only one out there." Amen to that, sister. You should be proud of yourself for calling it like it is.
A.M. said: "Numerous abuses have been noted by New Haven Financial borrowers, including points and interest exceeding legal limits, imposition of undisclosed fees, illegally charging and retaining premiums on third party, and unconscionable clerical and administrative fees. Worse, witnesses have corroborated falsification and manipulation of mortgage application information, including falsification of income, income source, liabilities, and employment." Anybody see a trend here?
Then Scot Fine says "Just read the final judgement in the case and you will certainly see that the violations and penalties assessed are minor at best. The DRE was bound to find something considering the tremendous volume of consumer and commercial transactions handled by New Haven over its history." By that logic, it is ok for the surgeon to leave a scalpel in the patient, or the school bus driver to drive drunk once in a while for as long as nobody gets hurt that's ok, until somebody actually does get hurt.
And then he says "The DRE's accusation was inflamatory and slanderous in its narrative but if you read between the line you will see the violations are minor. " Not so smart, Scot. These people are watching you. Do you really know what "inflamatory" means? If you don't, then you certainly don't know what "slanderous" means.
Maybe you ought to get back to the Sunday comics. Maybe Larry can explain them to you.

Scott Fine says they DRE violations were minor then why was New Haven rejected from the new Foreclosure exemption?
http://www.dre.ca.gov/ind_cfpa_exemptlist.asp

Below is a list of loan servicers who are licensed by the DRE and have submitted an application for exemption from the provisions of Civil Code Section 2923.52 and have either received a Temporary Order or Final Order from the DRE granting an Exemption from filing a notice of sale for an additional 90 days.

WHICH ONE IS DIFFERENT? YES, NEW HAVEN FINANCIAL IS THE ONLY ONE THAT WAS REJECTED FOR THIS EXEMPTION.
IT'S NO SECRET WHY THEY WERE REJECTED—THEY ARE CURRENTLY SUSPENDED BECAUSE THEY HAVE BEEN FOUND TO BE BREAKING THE LAW IN ALL SORTS OF WAYS.

NOTE: Click on the headings to sort by a specific column.
LICENSE NO. ?
SERVICER/LENDER ?
DATE OF TEMPORARY ORDER ?
DATE OF FINAL ORDER OR REJECTION ?
STATUS ?

* [protected]

New Haven Financial Inc
6/19/2009
7/14/2009
Final Order Rejected

* [protected]

Citadel Servicing Corporation
6/19/2009
7/2/2009
Final Order Granted

* [protected]

Clifford Douglas
6/17/2009
7/2/2009
Final Order Granted

* [protected]

Del Toro Loan Servicing Inc
6/30/2009
7/6/2009
Final Order Granted

* [protected]

FCI Lender Services Inc
7/9/2009
7/15/2009
Final Order Granted

* [protected]

Property Assets Inc.
6/17/2009
7/2/2009
Final Order Granted

* [protected]

Val-Chris Investments Inc
6/29/2009
7/6/2009
Final Order Granted

* [protected]

Wealthbridge Mortgage Corp
6/19/2009
7/9/2009
Final Order Granted

Comment by a New Haven Financial employee, and how to create "disposable income":
The following is a comment provided by another idiot New Haven Financial employee, responding to a Wall Street Journal article about the poor economic picture a year ago. The twisted logic and poor spelling and grammar are the author's:

"People will buy for there family ar christmas, especially when times are tough……….they are in trouble already…feel bad for the family.so christmas is a small measure to make it up. Also..with foreclosure rates up that translates into people not making house paymentas at this time.creating more disposable income…Like it said the ;ast big bang beofre bankruptcy."

Comment by alison rynveld
link: http://74.125.155.132/search?q=cache:T5jQnT3Fe3cJ:blogs.wsj.com/holidaysales/2007/12/13/data-retail-sales-surprisingly-strong/+Alison+Rynveld&cd=7&hl=en&ct=clnk&gl=us&client=firefox-a

Again, another anonymous poster deriding a person with no connection to the original complaint. Unbelievable that this entire website hasn't been sued by multiple innocent parties. It is obvious that "Intelligence in Calabasas" has several personality disorders heightened by his ability to post whatever he wants. Hopefully, better healthcare in the U.S. will prevail so he can get the help he needs, and maybe someone will sue Complaints Board for endangering the public.

It is interesting how Wrong by Complaints Board repeatedly condemns others for posting anonymously while he does the same. Perhaps a look at the dictionary under the word hypocrite will do him or her some good.

It also strikes me how Wronged likes to play a lawyer on the internet when in real life it seems like his actual job is to be New Haven's full time groupie. I wonder who they are sleeping with in exchange for positive blog coverage.

A blog is an open forum where free people are allowed to use the Bill of Rights to their benefit by using their freedom of speech and expression as guaranteed in the 1st amendment. Wrong is so worried about suing or having people sued on here yet the basis for these suits would be...? Exactly...their is no basis for a lawsuit. One wonders how Wronged can sit at a keyboard long enough to type without floating away due to the excessive amount of hot air coming their mouth.

Another point Wronged, who is ready to call out others but reluctant to expose himself (on this board anyways), is that you are unwilling to tell this board which you feel has been so outrageous, what your connection to this whole matter is? Even Scott Fine had the courage to respond to the charges made against him. Even thouse those reponses were juvenille and had the appearance of being written by someone in middle school but he had the balls to stand up.

Who are you and what is your connection to this whole affair? What is it that has caused you to come on to this board to post ###ic comments claiming to know things about the law when in fact you are clueless. Either you work for New Haven or are friends with someone closely connected to New Haven. If that is the case it calls into question your commentary, wouldn't you agree? If you are just an innocent observer, which is hard to believe considering how much you seem to know, then why the cause celebre in defense of New Haven Financial. At least a half dozen people, probably more, have commented on being wronged by your personal Mumia crusade. That is just the people who know about this site. You know what they say about the criminal...the crime that he gets caught committing is probably like the 4th or 5th crime they committed. If that is the case then for every complaint on here could mean dozens more people out there who were harmed by New Haven.

Other than hollow calls for help from the Blog God's and rhetoric more suitable for a sandbox, what is you purpose for being here?

What an idiot "Conscious" is.

Mr. Conscious: I didn't list the names of innocent people, like what you want displayed here, A**hole. Forums should be about truth, not about listing names of innocent people and comments they made years ago on another website. Yeah, right, you think I should out myself to a nutcase like you, Mr. Alias himself, so you can hunt me down and shoot me or deride me publicly, a person having nothing to do with the original complaint? Then you'd go after my mamma and uncle. You don't want to get Uncle mad. Get your meds out quick before you ruin what's left of your own petty life.

Give me a break - whatever you're up to is most likely an attempt to line your own pockets, hence the alias. I on the other hand have only "condemned" (a rather stupid word you use to describe what I've done) anonymous posters listing innocent people, jerk off. I should call myself "Robin Hood's Conscious Conscience."

Dear "Wronged by Complaints Board":
You complain about public endangerment. How ironic. The posters on this board are bringing to the attention of the greater public the public endangerment and ACTUAL harm caused by New Haven Financial. This harm has been documented by the California Department of Real Estate, with severe sanctions ordered as the outcome. However, this should not be a surprise at all, and of course you would hide behind an alias. You are in fact Stephen Sutton, Vice President of New Haven Financial, and the only other current broker at New Haven Financial. Fraud Watcher got it right, when previously posting the following information:
Stephen Sutton: License Number [protected]
License Type:
BROKER
Name:
Sutton, Stephen David
Mailing Address:
/address removed/

No one wants to "out" your miserable ###; you give yourself too much credit. Suffice it to say that you live at /address removed/
While we are on the subject of aliases, one wonders why Kim Gill-Rabinoff couldn't resist the urge to stay away from fire, as noted three months ago in the following dialog initiated by "Kim Gill":

103 days ago by Kim Gill:
"It's funny... Nobody has used their real name. This is all slander."

97 days ago by anonymous:

"Dear Kim Gill-Rabinoff,
Please be upfront with who you are. You are the wife of Larry Rabinoff, the president of this unethical mortgage company. Please don't conceal your relationship.
Clearly there are many people who believe your husband's company (New Haven Financial Inc) has screwed them over royally.
How do you sleep at night? "

How sad.

Dear Canubians2020:

According to public records, there are 2 brokers in the office, all others are salespersons (including silly little Scotty):

1)Lawrence Rabinoff: License number [protected]

2)Stephen Sutton: License Number [protected]
License Type:
BROKER
Name:
Sutton, Stephen David
Mailing Address: /removed/

License ID:
[protected]
Expiration Date:
12/06/09
License Status:
LICENSED
Broker License Issued:
12/07/01 (Unofficial -- taken from secondary records)
Former Name(s):
NO FORMER NAMES
Main Office:
24025 PARK SORRENTO #150
CALABASAS, CA 91302

DBA
NO CURRENT DBAS
Branches:
NO CURRENT BRANCHES
Affiliated Licensed Corporation(s):
NO CURRENT AFFILIATED CORPORATIONS
Comment:
NO DISCIPLINARY ACTION
11/07/94 - CONDITIONAL LICENSE SUSPENSION. EDUCATION REQUIREMENTS NOT FILED.
01/08/95 - CONDITIONAL SUSPENSION REMOVED. EDUCATIONAL REQUIREMENTS MET.
>>>> Public information request complete

Vice President of Institutional Placement Edmond Aftandiallian has also fled this den of thieves. Interesting how the New Haven Financial website (www.newhavenfinancial.com ) still lists him. Soon, there will be none...

Fraud watcher: how do you know this? what is your source of information?

Steve Sutton and New Haven Financial has big news:
Sutton has formed not one but TWO new corporations. Department of Real Estate lists him as designated officer for BOTH companies with the same address as New Haven Financial in Calabasas (24025 Park Sorrento #150, Calabasas CA 91302).

Platinum Loan Servicing, Inc. DRE #[protected]. Filed with Dept of Corps on 7/15/2009.
Marquee Funding Group, Inc. DRE #[protected]. Filed with Dept of Corps on 6/22/2009.

New Haven Financial is the ONLY mortgage company to have been rejected for an exemption from the provisions of Civil Code Section 2923.52.). Is this Rabinoff's attempt at avoiding/evading restrictions on New Haven since judgement on June 17, 2009?

Note that Marquee Funding was filed only 5 days later.

Rabinoff and Sutton are the only licensed brokers at NH, every one else is a salesperson.

DRE: are you watching?

Are NH's investors, customers, and employees about to be screwed again?

PLATINUM LOAN SERVICING, INC.
Number: C3149309 Date Filed: 7/15/2009 Status: active
Jurisdiction: California
)Address
13701 RIVERSIDE DR #510
SHERMAN OAKS, CA 91423
Agent for Service of Process
PAUL A BECK
13701 RIVERSIDE DR STE 701
SHERMAN OAKS, CA 9142

MARQUEE FUNDING GROUP, INC.
Number: C3148047 Date Filed: 6/22/2009 Status: active
Jurisdiction: California
Address
13701 RIVERSIDE DR #510
SHERMAN OAKS, CA 91423
Agent for Service of Process
PAUL A BECK
13701 RIVERSIDE DR STE 701
SHERMAN OAKS, CA 91423

Carlton: Still fishing? Fishing for a conscience? Hope the boat you and the remaining other bottom feeders are on at New Haven Financial sinks fast and sinks deep.

Quiz:
(1) Which New Haven Financial employee is interested in "job inquiries", or "career opportunities" (you know, REAL HONEST WORK)? Hint: supposedly educated at Eastern Connecticut State University. Another hint: his initials are DL.
(2) Which New Haven Financial employee is also interested in "job inquiries", after washing out at Choice Capital Funding in Atlanta? Hint: is laughably titled "Compliance Manager" with all the experience and wisdom gained after having a real estate license since August 29, 2009 (yes, 73 days). Another hint: his initials are EC.
Last one out better turn off the lights.

NEWS FLASH:
THE NEW HAVEN FINANCIAL INC. PIRATE SHIP HAS SUNK.
Chapter 11 Bankruptcy filed on October 29, 2009.
Filing No. SV09-24348-GM.
Stated assets: N/A.
Stated debts: N/A.
Documentation to follow. Requests for information may be posted here.

Quiz answers:
(1) Daniel Lambert
(2) Erez Chanin

New Haven Financial just declared bankruptcy.

New Haven Financial has declared bankrupcy. I would say they are hypocrites, but that would be assuming they have any scruples at all. They are common criminals.

My company is a member of the Calabasas Chamber of Commerce. We have received an email concerning New Haven Financial. We, as well as several other companies we deal with, received this letter that we have concluded was sent using the Chamber's email database. WE ARE GLAD TO SEE PROACTIVE USE FOR UPDATING US MEMBERS.

Bottom line: the warnings and generally bad news about this company are more than true. That letter is copied below, but basically, it warns consumers of horrible business practices by this company which at one time was also a member of the Chamber. Unfortunately, we cannot divulge our name because Calabasas is a relatively small business community, but like the unknown writer of the letter, knowlege is critical to our business and personal decisions.

Here is the letter:

To the Calabasas and surrounding business community:

It is with great relief to report that NEW HAVEN FINANCIAL, Inc., 24025 Park Sorrento Suite 150, Calabasas has gone BANKRUPT despite their best efforts to continue to rip off and seriously damage a growing number of duped customers in the Los Angeles area. This includes investors and borrowers alike. The bankruptcy was filed on October 29, 2009, Filing No. SV-09-24348-GM. (U.S. Bankruptcy Court, Woodland Hills, CA).

New Haven Financial, headed by Larry Rabinoff, Scot Fine and Steve Sutton have lent funds on homes with huge equity positions, and then systematically and fraudulently foreclosed on those properties, without complying with legal requirements, and fraudulently manipulating the land title recording process.

They have been further suspended and fined by the California Dept of Real Estate for these and other fraudulent practices. Rabinoff was suspended for TWO YEARS. Go to DRE website (Google "ca dre") and click on consumers, and then licenses. This company is the ONLY real estate company in California to be denied certain extensions for handling mortgage modifications. Numerous complaints documenting these miserable creatures can be found at www.complaintsboard.com as well as /link removed/ and elsewhere. There previously were complaints on www.Yelp.com, but it is known that Rabinoff and company had their lawyers threaten and bully Yelp with a lawsuit despite the publication of truthful, non-defamatory information.

Documents from the Dept of Real Estate legal complaint can be found on the www.complaintsboard.com site. The legal enforcement department of the California Dept of Real Estate will send you these documents if you are so inclined to read a truly disgusting narrative of theft and deception. Call the "Flag Section" for these documents: phone [protected]. (The case number is H-35378 LA filed on October 16, 2008, and the resulting "Stipulation and Agreement" was filed on June 17, 2009.)

Unfortunately, there is more.

Larry Rabinoff is using his shill, Steve Sutton, to set up two new phantom companies to continue their unethical abuses. These new companies are the Marquee Funding Group, Inc. and Platinum Loan Servicing, Inc., both in Sutton's name, although other documentation is in Rabinoff's name. Presumably, Rabinoff and Sutton set up these new companies (in June for Marquee Funding, in July for Platinum Loan Servicing) knowing full well that New Haven Financial was rapidly heading down the toilet.

Our local business community does not need ripoff artists like these. There ARE ethical mortgage companies providing legitimate services. New Haven Financial Inc. and its principals Larry Rabinoff, Scot R. Fine and Stephen Sutton, are not among those companies. Please spread the word. Also, you can tell Larry, Scot and Steve (the three stooges) directly at [protected].

June 14, 2010

NEWS RELEASE:

New Haven Financial, Calabasas, California continues to thumb its nose at the California Department of Real Estate. It has already been sanctioned for ripping off numerous customers and investors, further earning sanctions that currently have it (DRE # [protected] ) and its broker-owner Lawrence Rabinoff (DRE # [protected] ) on probation, and currently being embroiled in over a dozen lawsuits.

THE NEWEST INFRACTIONS regard the employment of Donald Glen Timms, who has been operating with an expired license even on the day he joined New Haven Financial.

EXPIRED LICENSE.

FAILURE TO INDICATE EMPLOYING BROKER.

Here is the California Department of Real Estate public record for Donald Glen Timms:

License Type:
SALESPERSON

Name:
Timms, Donald Glen

Mailing Address:
201 CARNE ROAD
OJAI, CA 93023

License ID:
[protected]

Expiration Date:
04/02/10

License Status:
EXPIRED

Salesperson License Issued:
03/28/02 (Unofficial -- taken from secondary records)

Former Name(s):
NO FORMER NAMES

Employing Broker:
NO CURRENT EMPLOYING BROKER

Comment:
NO DISCIPLINARY ACTION

NO OTHER PUBLIC COMMENTS

From the newhavenfinancial.com website:

http://newhavenfinancial.com/contacts.aspx

Account Executives
New Haven Finanial has a talented staff of account executives ready to work with you.
Robert Anton
ranton@newhavenfinancial.com
EJ Chanin
EChanin@newhavenfinancial.com
Scot Fine
sfine@newhavenfinancial.com
Todd Fine
tfine@newhavenfinancial.com
Todd Kaplan
tkaplan@newhavenfinancial.com
Dan Lambert
dlambert@newhavenfinancial.com
Dave Levy
dlevy@newhavenfinancial.com
Veronica Morales
vmorales@newhavenfinancial.com
Matthew Nafisi
Mnafisi@newhavenfinancial.com
James Powell
jpowell@newhavenfinancial.com
RJ Solovy
RJSolovy@newhavenfinancial.com
Steve Sutton
ssutton@newhavenfinancial.com
Donald Timms
dtimms@newhavenfinancial.com

As of June 14, 2010

The contact listing for Donald Timms was removed from the www.newhavenfinancial.com website on June 16, 2010

There was just a bankruptcy hearing. New Haven Financial is trying to scam the Bankruptcy Courts by informing the Court that they are 'in talks with a buyer who wants to buy their 'lending portfolio, and by the way, take over the lease on their nice office they have a 5 year lease on in Calibasses. One might conjecture...is this Steve Sutton and Californiza Equity? Will Larry Rabinoff be able to keep his den of thieves intact, happy and silent? Fun Fact: New Haven Financial is a Defendant in 18 cases, mostly Investor Fraud and Wrongful Foreclosure. just in LA County Superior Court alone! If Larry is successful, will hel avoid the avalanche of punitive damages that are heading his way.