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RDwyer
3267 Posts |
 Posted - 01/08/2008 : 07:06:07 AM
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| I have heard they were sold off, but not sure to whom... Anyone know? |
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Mandyvilla
2687 Posts |
Posted - 01/08/2008 : 07:29:20 AM
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| Hey, is this the same Kansas City bank that really made a push in late '06 for retail shops? I recall a company heavily tried to recruit me and was throwing around signing dollars. But I did not know them as FNMS - I think they were using F & M Mortgage in the DC area, but they were definitely a Kansas bank. After their recruiting burst, they disappeared. Same group, you think? |
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RDwyer
3267 Posts |
Posted - 01/08/2008 : 07:35:13 AM
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| First National Mortgage Sources was a shell company of First National Bank of Kansas out of Hays, KS. They have a large retail presence in quite a few markets, but broker everything. They're based in KC even though the bank is nowhere near KC. |
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FLProcessor
366 Posts |
Posted - 01/13/2008 : 02:42:05 AM
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The same company that is federally chartered, and known for stealing the producing LO's (based on what I've read at MortgageMag forum)?
What is the verdict, is this a legit company, or fraud? |
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Mandyvilla
2687 Posts |
Posted - 01/13/2008 : 07:47:17 AM
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| It was over a year ago, but when you said Hays, I am now sure that was it. My cousin lived in Hays for years before moving to Liberal. They brought in a team of recruiters....tied up a corner of a posh restaurant for a couple of weeks and tried to hire and staff offices around the beltway. I remember these recruiters (think they were really former loan officers) spoke about their boss w/ a reverence, almost befitting a cult. Hero-worship, if you will. I declined their offer and then never heard a peep about them from anyone. I wonder if they ever got the DC area off the ground - never heard anything more. Or maybe they caught the space ship to a better world.. |
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From Flyover Cou
55 Posts |
Posted - 01/13/2008 : 07:59:00 AM
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Rob:
Joel closed his office on 6th St in Lawrence and evidently has sold the building, and the guys in OP (Kevin K and company) are now mortgage sources. I missed Bob B at his new office on Friday so I don't have the skinny, but it appears they have folded as most of the FNMS offices in town are operating under other net branch operators--if they are still open. The mega office in Topeka is virtually gone except for Mary, Tammy, & Dusty and they are operating under something else as well.
I had heard the auditors were pretty much camped out in Hays, and with the raising of the fees, it was only a matter of time......and evidently that is now.
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