Jonathan D. Nicholas reviews and complaints
The good, the bad, and the ugly - discover what customers are saying about Jonathan D. Nicholas
Welcome to our customer reviews and complaints page for Jonathan D. Nicholas. We understand that making informed decisions about where to invest your time and money can be challenging, which is why we've created this platform for our community to share their honest feedback about their experiences with Jonathan D. Nicholas.
On this page, you'll find a comprehensive collection of reviews and complaints from real customers who have used Jonathan D. Nicholas's products or services. Our reviews are authentic and unbiased, providing you with a complete picture of the company, its products or services, and their customer service.
Whether you're considering doing business with Jonathan D. Nicholas, or you've already had an experience with them, our community's reviews and complaints will give you a valuable perspective on what to expect. Our goal is to help you make informed decisions about where to invest your time and money, and we hope that our platform will be a valuable resource for you.
Please feel free to browse our reviews and complaints and share your own experience with Jonathan D. Nicholas. Your feedback is an important part of our community and will help others make informed decisions.
Scam
Please take time to review 3 exhibits (below)...
Scott Veerkamp listed Jonathan D. Nicholas as a "connection" on Plaxo. Perhaps this is one of the reasons why Jonathan refused to meet with me and discuss the Predatory Lending tactics at REMAX Central. Nonetheless, I find it strange that Jonathan would recognize Scott with a specific award when he knew Scott was preying on the public.
With regard to Predatory Lending, I discovered an article from NAR entitled: "Realtors seek to protect home buyers from Predatory Lending and educate them on mortgage products." The article contains the following statement: "A brochure, How to Avoid Predatory Lending, produced jointly by NAR and the Center for Responsible Lending identifies the warning signs of Predatory Loans."
I wish someone from NAR would teach Scott Veerkamp how to "identify the warning signs of Predatory Loans." Clearly, Scott needs extensive training on this topic.
As you know, the Center for Responsible Lending has a significant amount of documentation on the common abuses of Predatory Lending. Please review this information regarding Yield Spread Premium and Loan Steering...
Jonathan D. Nicholas Scam
When I filed my initial complaint with REMAX of Indiana, Jonathan Nicholas had the following designations: NAR, CRB, CRS, and GRI.
As I mentioned earlier, my initial complaint included documentation of Loan Steering and Predatory Lending. Likewise, I informed Jonathan that Scott Veerkamp removed my property from the MLS without my permission.
Please review this important information:
1. Jonathan Nicholas refused to meet with me and discuss my experience with the REMAX Central Sting Operation. 2. Scott Veerkamp made approximately $26, 000 on a $120, 000 property with a "land contract scam." 3. Scott refused to conduct an open house on this property. 4. Scott lived "one block down the street" from this property. 5. Jonathan Nicholas presented Scott Veerkamp with a "Lifetime Achievement Award" for misrepresenting the value of this property and stealing my money. 6. Scott used the award to recognize himself with another advertisement in Christian Phone Book. 7. Apparently, this is supposed to be an example of how to "protect and promote the interest of your client." 8. In reality, this felt like a "mafia hit" on behalf of the REMAX organization. 9. This "mafia hit" included the following components: A. Loan Steering B. Predatory Lending C. Inflated property value D. Land contract with a "due on sale" clause. E. $26, 000 "heist" for Scott Veerkamp...
REMAX agent David Bickell was the President of the Metropolitan Indianapolis Board of Realtors (local association) in 2008. Likewise, REMAX agent Dick Gaylord was the President of the National Association of Realtors in 2008. Clearly, there is a "pattern of deception" emerging with REMAX, NAR, and Loan Steering.
Please take time to review this example of Scott Veerkamp's deception: "You can trust our Realtors to always keep your interest first and foremost."
Loan 1: (Property value $150, 000) A. $4, 799 yield spread premium B. $500 processing fee C. $250 document preparation fee D. $50 courier fee E. $35 electronic filing fee F. $425 administration fee (lender fee)
Loan 2: (Property value $120, 000) A. $1, 440 yield spread premium B. $960 application fee C. $1, 920 in "discount points" (paid to Scott Veerkamp) D. $409 administration fee (lender fee) E. $150 underwriting fee (lender fee)
Warning Letter to Scott Veerkamp:
http://jmb27.posterous.com/warning-letter-to-scott-veerkamp-from-the-off
NAR: "How To Avoid Predatory Lending"
http://www.realtor.org/home_buyers_and_sellers/how_to_avoid_predatory_lending
The Center For Responsible Lending:
http://www.responsiblelending.org/mortgage-lending/research-analysis/ib-ysp-110507-final.pdf
CRL and Equity Theft:
http://www.responsiblelending.org/mortgage-lending/tools-resources/ib011-YSP_Equity_Theft-0604.pdf
Jeff Merkley and Yield Spread Premium:
http://merkley.senate.gov/newsroom/press/release/?id=A09C6A80-537A-4EB1-83C5-31925F046B6F
When I filed my initial complaint with REMAX of Indiana, Jonathan Nicholas had the following designations: NAR, CRB, CRS, and GRI.
As I mentioned earlier, my initial complaint included documentation of Loan Steering and Predatory Lending. Likewise, I informed Jonathan that Scott Veerkamp removed my property from the MLS without my permission.
Please review this important information:
1. Jonathan Nicholas refused to meet with me and discuss my experience with the REMAX Central Sting Operation. 2. Scott Veerkamp made approximately $26, 000 on a $120, 000 property with a “land contract scam.” 3. Scott refused to conduct an open house on this property. 4. Scott lived “one block down the street” from this property. 5. Jonathan Nicholas presented Scott Veerkamp with a “Lifetime Achievement Award” for misrepresenting the value of this property and stealing my money. 6. Scott used the award to recognize himself with another advertisement in Christian Phone Book. 7. Apparently, this is supposed to be an example of how to “protect and promote the interest of your client.” 8. In reality, this felt like a “mafia hit” on behalf of the REMAX organization. 9. This “mafia hit” included the following components: A. Loan Steering B. Predatory Lending C. Inflated property value D. Land contract with a “due on sale” clause. E. $26, 000 “heist” for Scott Veerkamp…
REMAX agent David Bickell was the President of the Metropolitan Indianapolis Board of Realtors (local association) in 2008. Likewise, REMAX agent Dick Gaylord was the President of the National Association of Realtors in 2008. Clearly, there is a “pattern of deception” emerging with REMAX, NAR, and Loan Steering.
Please take time to review this example of Scott Veerkamp’s deception: “You can trust our Realtors to always keep your interest first and foremost.”
Loan 1: (Property value $150, 000) A. $4, 799 yield spread premium B. $500 processing fee C. $250 document preparation fee D. $50 courier fee E. $35 electronic filing fee F. $425 administration fee (lender fee)
Loan 2: (Property value $120, 000) A. $1, 440 yield spread premium B. $960 application fee C. $1, 920 in “discount points” (paid to Scott Veerkamp) D. $409 administration fee (lender fee) E. $150 underwriting fee (lender fee)
In closing, please take time to review this information regarding a WARNING letter sent to Scott Veerkamp from the office of the Indiana Attorney General…
Giving a Voice to Consumers
At ComplaintsBoard, we know how real consumer issues matter. Our platform is a special place for honest opinions, where people share their reviews openly and honestly, whether good or bad.
Our team checks each complaint or review thoroughly to confirm that each one comes from a real customer experience, keeping our platform trustworthy.
We're totally cool with complaints, as long as you've got some evidence to back it up. Whether it's a photo, a detailed story, or documents, providing evidence makes your complaint more believable and helps others make smart choices.
ComplaintsBoard is more than just a place to share complaints; it's a community where we talk things out fairly. We welcome reviews that not only point out problems but also mention any positive experiences, giving a balanced view.
We're dedicated to providing a fair and unbiased platform for all complaints. Every complaint is important to us, no matter what it's about, ensuring your concerns are heard and respected.