A must read for anyone dealing
with Fairbanks/SPS is Case No:
1:07-CV-00421-LY-AWA Ellington Credit Fund, LTD and ECF Special Securities, LLC
v Select Portfolio Servicing Inc, Manufacturers and Traders Trust Company, MBIA
Insurance Corporation, Mountain West Realty Corp., Residential Real Estate
Review Inc., Alta Real Estate Services Inc., AND Pelatis Insurance Agency Corp.
Cause No. D-1-GN-07-001141 filed in
the District Court of Travis County, Texas.
The suit
alleges, among other things that Fairbanks/SPS "was not content to make an
honest profit from servicing the Subject Loans. Instead, Fairbanks undertook a
systematic campaign to boost their profits by dishonest and illegal
practices." The suit goes on to specifically lay out that Mountain
West Realty Corp., Residential Real Estate Review Inc., Alta Real Estate
Services Inc., & Pelatis Insurance Agency Corp., were created and are
owned by Fairbanks for the sole purposes of boosting their profits while not
actually performing any real function.
This got us here at GetDShirtz wondering if there
were any other companies that fall into the same category, even though they may
not be part of that particular suit. Here's what we found so far. In some
instances you will need to enter the name of the company to do your own search
and in others it will automatically take you to the document as filed with
the Secretary of State for that particular state.
FCC Real Estate Svc.
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Opportunity Funding I
LLC
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FCC General
Servicing Corp.
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Residential
Real Estate Review Svc.
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Alta Real
Estate Support Services
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WI | |
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OH |
SC |
VT |
WY |
Copyright © 2006-2008
M. Dillon
No part of this website may be reproduced in any format without the
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