Baker, Kennedy & Associates Loan Modification, Payment Reduction, Interest Rate Reduction, Eliminatie Delinquency, Principal Reduction, Convert to fixed rate & Stop Foreclosure Boca Raton Florida

I apologize for not checking this out earlier.

Baker, Kennedy was dissolved and Randy Baker, Solomon Macari, and Aren Anderton (Mrs. Randy Baker) teamed up with Attorney William T. O'Toole to form another scam operation called Summit Legal Group.

Many people had complained against Baker, Kennedy and the Attorney General's Economic Crimes Division brought an action against them on April 13, 2011.  Subsequently, the Florida Bar suspended O'Toole on July 25, 2011 for"causing great public harm."  After that, the scammers continued to function, calling themselves Take2 Processing.  Ultimately, on October 18, 2011, the AG issued a cease and desist order against each of the non-lawyers including Baker, Macari, and Anderton, specifically naming all of their corporate names.  They are out of the mortgage business.

If you have not already done so, contact Terry Crossen at the AG's office.  Heis trying to get restitution for victims.  His number is 561-837-5000 ext. 123.

Everything Baker Kennedy and Associates said in this Rebuttal is a LIE!! When I contacted them I had tried to talk with my mortgage company and I had contacted the national hope line. Baker Kennedy and Associates assured me that I could sleep easier at night and that I was not going to loose my home! Solomon and Randy Baker stated many times my husband and I had nothing to worry about, and that we were not going to loose our home! We were not in the final stages of the foreclosure process for it had just begun 10 months later was the end of the process. I never received conformation on December 29th 08 as they stated from my lender that Baker Kennedy and Associates were working on a modification, and never sent a letter to Baker Kennedy. They stated in this rebuttal that a Mrs Mcgee was working the file in fact their was not a Mrs Mcgee working my file from my lender it was a woman and her name was Deanna V. Solomon told me that the modification was going to be done well before the June 3rd sale date and that we had nothing to worry about and in fact promissed to have it done by April 20th and it wasn't, that was the reason for the many calls to their office on my behalf. I demanded a refund after no modification was done when they said it was going to be done and after getting the run around by a woman named Aron that works for them who promised to get me a transcript of all the times she talked with my lender and she never did, and after I spoke to Frank from my lender who said they had never spoke with anyone from Baker Kennedy and only recieved that paper giving Baker kennedy authorization to talk on my behalf witch was expired. Baker Kennedy keeps saying I vacated the property witch is another LIE I am still at the property and I dealt with the mortgage company on my own and just signed the papers for a modification. I want a FULL REFUND of 1695.00 from this company who did nothing for me!!
Thank-You

XXXXXXX retained Baker Kennedy and Associates in November, 2008 to assist in reaching a Loan Modification with her lender. At the time the file was opened with our company, Ms. XXXXXXX was already 4 months behind in making her mortgage payment, and was facing the Final Summary Judgment Hearing in April. The XXXXXXX' were not represented nor had they made adequate effort to negotiate any modified terms with their lender during the first 4 months of the foreclosure proceedings. The time for negotiations with her lender was nearing its legal conclusion, and NO action had been taken on Ms. Hank's part to respond to the Lenders legal claim to recover the property, or to make payment arrangements. Consistent with the legal process of Foreclosure, her lender pursued, through counsel (Butler and Hosch), the exercising of their rights to recover the property in default.

The goal of any modification company is to negotiate a revised agreement, NOT to stop foreclosure or cancel a sale. The lender has its rights to the legal process, it is our company's goal to work within the time available and reach a modification.

It was only when Ms. XXXXXXX realized that she was going into the final stage of Foreclosure that she retained our Company. There is NO legal way to stop a foreclosure proceeding. We focused on rapidly negotiating with the Lender to reach an agreement for repayment of the loan that would allow the XXXXXXX' to remain in the property under revised terms of their loan. Any lender is well within its rights to attempt to recover property when the borrower has defaulted in making scheduled payments. Even though a borrower in default may be actively seeking to modify the loan, and is in discussions with the lender to retain the property, the Lender will always continue with the Foreclosure process until a formal modification Agreement is reached. There is no way to put foreclosure proceedings on hold or to place it in suspension while modification discussions are taking place. There would be a never ending stop/start to the legal foreclosure process as borrowers continued negotiations.

Once retained, Baker, Kennedy gathered documents necessary to conduct modification negotiations with Ms. XXXXXXX lender. The file was completed and submitted to the lender in December, 2008, within 4 weeks of the opening of the file. On December 29, 2008, she received confirmation from her lender that Baker Kennedy was working on her modification. She sent the letter to Baker, Kennedy in mid January. This is verification that Baker Kennedy had submitted the file for modification.

Her Lender, First Franklin, requires 3 weeks to upload documents, 2 weeks to assign a Negotiator. From that point, it can take 3 weeks to speak to the Negotiator, due to the volume of files they are assigned.

Having submitted a complete file to their lender, (First Franklin) Baker, Kennedy awaited the assignment of an Underwriter from the bank. Until such an assignment is made, there is no one at the lender to discuss any terms or to negotiate with. An Underwriter was assigned (Ms. Mcgee) the first week in February. We were notified of this assignment and immediately submitted the file we had put together to her. The underwriter was not prepared to begin discussions with Baker, Kenendy until the third week of February. At this time our negotiator began modification discussions with the lender. By the first week of April, we received an offer for modification. This offer was to reduce her interest rate from 8.1% to 5%, and to waive all 7 months of past due payments (not defer them). Baker Kennedy was getting calls from Ms. Wilson claiming the company had not done anything for her to stop the foreclosure, and cancel the sale of her property.

After several discussions with Ms. XXXXXXX, in April she agreed that Baker Kennedy should finalize the Agreement with her Lender to modify the loan and allow them to remain in the house. Concurrent with this agreement from her, she began demanding a refund, and to cancel our services. In speaking with her husband, and co-mortgage holder, Mr. XXXXXXX, he agreed that if we would finalize the Modification with the lender very quickly and avoid the sale of the property scheduled for June 3 that he would prefer to do that.

Regular communication with both Ms. And Mr. XXXXXXX was held, as the negotiations were nearing the end, and a final offer was being prepared by the lender for the review and approval of the XXXXXXX'. Despite daily updates provided to the XXXXXXX', Ms. XXXXXXX continued to demand cancellation of the contract, and a full refund. Mr. XXXXXXX advised the company otherwise. He was nearing the end of his patience with the process, but asked that Baker, Kennedy get him an agreement; quickly.

While a Modification Agreement was being finalized by the Lender, Ms. XXXXXXX notified Baker, Kennedy that she wanted the company to immediately stop working on their file, and to no longer represent them in discussions. They had decided to abandon the property and not to seek a modification any longer.

Baker Kennedy abided by that decision to cancel services and notified the Lender to withdraw the request for modification, and informed them that the property was being vacated.

The company has met each of it's obligations under the Retainer Agreement in place between the parties, and is under no obligation to provide a refund.
a.) The work was performed, the clients were represented in discussions with their lender,
b.) an agreement was reached that would allow them to remain in their home under favorable terms,
c.) the cost of these services is less than the market rate,
d.) The Agreement is clear on how Baker Kennedy is to be paid for Modification services, and how Professional charges will be applied for work performed on behalf of our clients, and in the event of a cancellation.

Should you have any further questions, or need additional information relative to their claim, please contact me at any time.

Regards;