On Wednesday, Robin W. Hunt, 45, of the 17300 block of Dawkins Road in rural New Haven, was charged with six felony counts of loan broker fraud – two Class C and four Class D.(Side notes: does these banks have names??!!)
The Class C felonies are punishable by up to eight years in prison; the Class D felonies by up to three years.
Hunt is accused of submitting mortgage applications to a number of banks, using his name but knowing that Garretson and Lane Miller had actually completed the paperwork on behalf of the borrowers.
It seems that Joseph Garretson victim involved a deputy prosecutor of Allen County, Mike McAlexander. Yep raced white boys began to rip off credit worthy raced white folks,
Meticulous bill payers Alisha and Peter Thomasma have been forced to teach their children not to answer the door because on the other side may stand a bill collector.
Karen Villwock and her husband, Brion, had pristine credit built through years of never missing a bill payment, yet their home is now in foreclosure.
Their problem: refinancing their home mortgages with Fort Wayne Title and the now-defunct company's owner, Joseph A. Garretson.
One of those raced white folks was Allen County Chief Deputy Prosecutor Michael McAlexander.
In October, Allen County Chief Deputy Prosecutor Michael McAlexander took a call from a man expressing concern about the length of time it was taking for his previous mortgage to be paid off after he refinanced using title insurance, settlement and escrow services from Garretson and Fort Wayne Title, 3614 New Vision Drive.
McAlexander realized he also had used the services of Fort Wayne Title and, after contacting his original mortgage holder, found his loan also had not been paid off using the proceeds of the refinancing, according to court documents.
And it did not help Garretson, that a former Indiana NCAA basketball star, Todd Leary was in his pockets and ratted him out..
Leary told Evans that Garretson didn't have much choice because he had caught Garretson misappropriating money from Fort Wayne Title while they worked together, the affidavit says.
Garretson was sentenced to 11.5 years by former Prosecutor now Judge Fran Gull. Judge Gull only gave Garretson 11 years after Garretson pocketed and lived a lavish lifestyle off of other folks money!!!!
Oh it was a plea bargain and it was a political state investigation. Plea bargain in exchange for...you fill in the blanks.
The conviction and plea agreement come after a joint investigation involving Indiana Secretary of State Todd Rokita’s Prosecution Assistance Unit (PAU), the office of Allen County Prosecuting Attorney Karen Richards – particularly Deputy Prosecutor Timothy McCaulay, and the Indiana Department of Insurance. Garretson was also sentenced on charges of Conversion or Misappropriation of Title Insurance Escrow Funds, a Class B felony, and Corrupt Business Influence, a Class C felony. Unlawful Loan Origination Activities is a Class D felony.
Mr. Hunt worked for a community dealing with housing for African-Americans way back in 1989. From one of his websites:
In 1989 he began working at Project Renew and in 1990 he took over as the Executive Director. Mr. Hunt was also responsible for the development and administration of federal and private loan programs. Additionally, he established Project Renew as a qualified housing agency with the Department of Housing and Urban Development. He also qualified Project Renew to act as a mortgagee and project manager under the Federal Housing Administration 203K Program. During his time at Project Renew, he also became the Chief Financial Officer and was responsible for the annual accounting audit and bi-annual government audits.
Hey those are federal dollars and more than likely some of these foreclosed homes involved federal dollars.
FFMC is registered with HUD as a Supervised Loan Correspondent and must maintain a total adjusted net worth of $113,000 ($63,000 dollars for the main office and $25,000 dollars for each of the two (2) branch offices). It appears that over the last year, the company may have violated the minimum adjusted net capital requirement set by HUD. There is a possibility that HUD may conduct an audit of FFMC. As such, an audit could result in administrative action which could affect the Company’s status as a HUD licensed entity. However, the Company has instituted new policies to ensure that the Company will not fall below the minimum HUD requirements and the Company will monitor its status for compliance with the minimum requirements on a monthly basis. Only approximately five percent (5%) of the Company’s business is derived from HUD. See “Business of the Company – U.S. Department of Housing and Urban Development (“HUD”) Loan Correspondent.”
So why are not these boys not being tried in federal courts? And more than likely more than 15 victims were involved in being ripped off.
It seems Mr. Hunt had a knack for meeting the right folks to get in good with other people money.
I remember eyeballing Mr. Hunt in Zion Lutheran Church on Hanna Street in the basement. Mr. Hunt and the Rev. Matthew Harrison were having workshops to get longtime residents to sign up for housing. (They tried to get me to take some of the cheap juice in a jug home with me). I had eyeballed Rev. Harrison during the time the late Rev. Bledsoe and Deputy Mayor Sharon Banks were making "take back our community" walks in various drug infested neighborhoods. Rev. Harrison did not want the moral authority of a black voice in his church. Rev. Harrison was the moral authority in his church, a majority raced white membership, in an African-American community.
Rev. Harrison believed his raced white congregation would return to the magnificent church if these members felt safe in driving back into the old neighborhood. Some members did, like Kevin Leininger, newspaper editor. Leininger grew up in the neighborhood and saw the decline of the neighborhood from not just white flight but from government support. So, Mr. Hunt working for a housing organization was welcomed by Rev. Harrison and Mr. Leininger.
And that in itself made things a little suspect. All of these were raced white males. The majority of the folks who lived around Zion were African-Americans.
It seems Mr. Hunt moved from working on low-income African-Americans to the NFL big ballers. His business has licenses in several states, licensed in Indiana, Colorado, Florida, Georgia, Missouri and Tennessee. I suggest ballers ya'll need to check your paperwork for your houses football players real close.
Many athletes who enter the world of professional sports, including NFL players, are young and may not be financially savvy. They immediately find themselves earning and spending incredible amounts of money. Being young and financially inexperienced, they often spend money with no thought of their future. Their athletic stardom and large incomes can make them easy targets for deception from unscrupulous professionals and, sadly, sometimes trusted friends and family members who charge higher than normal fees for products and services. Generally, these young professional athletes are very trusting individuals and seldom question the motives of anyone. They make a lot of money and are willing to spend a lot for the products and services they want that is until they get burned.
It’s almost as if it telling the folks how easy a target young folks are with money. In February 2010, Freedom Financial Mortgage was shut down by Freedom Holding.