Like many others I was contacted by this company to purchase mortgage leads with 100% contact %rate. I, like many others asked questions in regards to lead quality, source, and expectations on how many I would receive on a daily basis. Working in the second largest market in the US, Texas, I was assured I would receive 1-3 leads daily with filters set for all types of loans, LTV, with good or excellent credit. I paid $2899 and have only received one lead since Sept 1 they say two, one of which I downloaded. The lead didn't speak English and I was credited for that lead. Thank you. However when I began to question the number of leads received things turned badly quickly.
Without going into all details the company has stopped communicating with me when I suspected someone tampering with my account as all the filters were changed to accept poor/fair credit. This happened the day I questioned and how they conduct business and even expressed concern that they would just fill my account with leads just to fullfill their agreement. Needless to say when I asked for a refund I was of course denied referring to the terms and agreements. At this time I started doing research on the company. Here is what I found out.
They have several complaints with the BBB in the city which they reside.
They is a pending case with the FL Attorney General.
They indicate on their website they are a member of the Mortgage Bankers Assoc. I contacted the Assoc and they are not a member.
On many mortgage/LO forums there are several hundred complaints of Mortgage Lenders/Global Inet Marketing.
I have since filed with the both the TX and FL Attorney Generals office, the BBB and will file complaints with both areas DA's. I will also seek remedy in either or both county courts if I am unable to receive a refund. They use their terms and agreements as their defense, yet they fail to realize that if there is less than a reasonable expectation of services this can supersede any terms and agreements. There CEO has even (on other consumer complaintss complaints) acknowledged that TX is a high lead state.
So, if you're one of the lucky who reads this before doing business with Mortgage Lenders good for you. Stay away as far as you can.
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