Central Pacific Mortgage President, CEO and junk faxer John A. Courson is CalHFA Chairman
Since the junk fax has to do with mortgages, I thought I’d post a summary here.
Actually, it’s not very obvious that the junk fax was for a mortgage, it was disguised as an article with the headline:
Homeowner Warning - “Unbelievable! I’ve lost Thousands of Dollars!”
The post-it fax sticker “From: Mary”, “To: Bob” and “Check this out!” sure adds a nice touch. So authentic!
They obtained my unlisted phone number when I ordered the report by calling their toll-free number.
Then Michael Williams called me to *trick* me into applying for a mortgage by requesting my personal info for the “report.” Initially he identified his company as Olympic Home Loans, but when he couldn’t find Olympic Home Loans at the BBB, he called me back to let me know that I have to look for Central Pacific Mortgage.
I sent my initial fax to the Folsom Central Pacific office where Williams was and now I’m sending the notice of publication and request for comments for a press release to the executive office for CEO and President John Courson.
It sure looks to me like this outfit operates like Dana Capital and American Residential Funding with countless “branches” and apparently Williams works for their retail division. I couldn’t find a real estate license for him.
Williams’ VM, correspondence and research at Fight Back!!!
From the Central Pacific site Meet our president and executive staff:
John A. Courson, President and Chief Executive Officer
“He is often looked to for his vast array of mortgage knowledge as evidenced by his 2003 election to Chairman of the Mortgage Bankers Association (MBA). He remains on the MBA’s Board of Directors. He has also been a member of the Residential Board of Governors (RESBOG) and Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG). Previously, he has served as Chairman of RESBOG, MBA’s Legislative Steering Committee, MBA’s State and Local Liaison Committee and Mortgage Reform Task Force. Courson has also served as President of the California Mortgage Bankers Association and Michigan Mortgage Bankers Association, and as a Director of the Texas Mortgage Bankers Association.”
Courson isn’t just another executive moron, apparently he’s a buddy of Arnold Schwarzenegger:
“Recently, he was called upon for his expertise and appointed to Chairman of the Board of Directors of the California Housing Finance Agency by Governor Arnold Schwarzenegger.”
His expertise in illegal marketing? Lying? Deception? Junk faxing?
He will probably claim to “know nothing”—as all junk faxers. Maybe he’ll blame Kevin Sexton, Executive Vice President, Production
“Joining Central Pacific Mortgage in January of 2004, Kevin Sexton is responsible for all sales, marketing and business development activities. Prior to assuming his current position, Sexton worked with GE Capital for 17 years, most recently as Vice President of National Accounts. In that post, he was the leader of a team responsible for managing the senior level relationships with 45 of the top banks in the U.S.”
Interesting. What did he do for GE Capital? A lot of golfing?
Being responsible for sales and marketing, it sure sounds like Mr. Sexton ought to know that their junk faxing is illegal
Executive Vice President, Operations and Administration John Cassell
“He was appointed to his current position in 2000 and oversees all operation and administrative departments including human resources, compliance, payroll and technology.”
Compliance? Is that compliance with unfair and deceptive practices laws?
Does he know that their advertising is as unfair and deceptive as it gets?
Posted by Christine on 04/21/2005 at 12:10 AM
Credit - Collection - Economic News • Junk faxes and SPAM • (0) Comments • Permalink
