Cyprexx - REO Property Preservation Forum
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post #1 of 21 (permalink) Old 04-10-2013, 12:41 PM Thread Starter
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We worked for Cyprexx through another company as main contacts for 3 1/2 years. Everyone at cyprexx knew us, did excellent work & received 5-12 preservations & 80 Lawns throughout this past year. The year before we had 180 lawns & about 2-3 preservations a week. We split ways with the company we were with, and decided to go on our own. My husband applied for Cyprexx, Could not pass the background check over a felony charge that was 10+ years old (For a bad check). So we spoke with a gentlemen named Andrew in the legal department of Cyprexx, he explained that with the contract they have with fannie mae that they will not hire anyone with a past felony charge period, He did state that we could change ownership to me if i could pass the background check. Which we did, because they only do a background check on the owner of the company. So, i contacted Giovannie in regards to signing up and i received this email back.

"Good Morning,
Per previous conversations, we are unable to consider you as a Vendor at this time due to the failed background check by " My Husband" .
Giovannie E.

I replied with

Per our conversation with Andrew, He said it was alright to change the ownership of the company & Sign up under my business name. I dont understand how come i can not have a contract with your company when i have no prior criminal history & the company being in my name im held reliable for everything.

I then received This response.

Good Afternoon
I have spoken with management regarding your application. In order to proceed with your application you will have to be signed up by a property coordinator. Our coordinators will be able to sign you up as work becomes available in your area. Your application is in our system under AP: .XXXX once you are signed up you will then have to provide a signed, notarized statement that "my Husband" will not be involved with the company in any way; that he will not be performing any services on our behalf and that under no circumstances will he ever be on a property in Cyprexx Services LLC inventory.
Giovannie E.

Then i responded with this.

Good Afternoon Giovanne,

Just an update: After receiving the first email explaining to me that you will not be able to consider me as a vendor due to "My husband" failing a back ground check. Then getting a email following that after i complained about myself not having a prior criminal history ,you then stating that i could be considered but i will have to be signed up with a property Coordinator when there's a need in my area. I know there is work available in my area because i know you are hiring & i still 5 days later have never received any packet of paperwork to fill out or anything ect. Then also the email stating i have to sign a letter and have it notarized stating "my husband" will not be on any of your properties or involved in my business at all. I have came to the conclusion that i feel i am not being given the equal opportunity i should be given due to a failed back ground check by someone who is employed by me & also no where in your paperwork does it say employees have to pass a background check as well,( If you guys were to change this and add it as part of the contract you would lose atleast 50% of your venders nationwide due to the individuals in this line of work). Only that Business Owners have to under go a back ground check. I appreciate you taking the time to correspond with me but i will be contacting a lawyer in regards to this because Cyprexx Services is not giving me the appropriate chance in employment as i believe i deserve.
Thank you for your time!

I think this is totally wrong, there is nothing in their contract stating an employee has to pass a background check & that in this line of work if employers would have to require background checks from our employees, i believe cyprexx would lose 50% of their vendors nationwide.

Im venting my frustrations out about cyprexx, You know the company we were running mad over 250,000 last year with Cyprexx.

By the way, i never got a response after that last email.
Sorry for such a long post.

Whats your thoughts?
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post #2 of 21 (permalink) Old 04-10-2013, 01:15 PM
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FNMA is sensative to felonys. They don't care about you, only their contract with Fannie Mae. The onboarders probably do not really know what they need and don't need in specific areas.

The bottom line is I wouldn't hold your breath.
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post #3 of 21 (permalink) Old 04-10-2013, 02:27 PM
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There is a shift in this direction with several of the larger companies ... Safeguard recently released a memo about this. I interpreted it to mean our subs, crews and employees will soon have to pass a background check and that vendors will have to provide this information to Safeguard.
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post #4 of 21 (permalink) Old 04-10-2013, 03:00 PM
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So let me get this straight. . .

You tried to "loophole" your way past a companies requirement that "no felons are allowed", and they caught you, so you then threatened to sue?

Go get 'em tiger! After all, you're ENTITLED!

Iíve already told you more than I know.

Last edited by PropPresPro; 04-10-2013 at 03:12 PM.
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post #5 of 21 (permalink) Old 04-10-2013, 03:07 PM Thread Starter
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Well, this is going to cause many problems for lots of vendors. As ive noticed in the last four years, Ive had better luck hiring people with backgrounds. They actually show up for work everyday and work hard without any issues. The ones without a background show up for a couple days, complain about the work and then quit. Have you noticed any of this in hiring any of your employees?
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post #6 of 21 (permalink) Old 04-10-2013, 03:09 PM Thread Starter
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Thats not correct. I was told i could be hired, i have no background. I just dont understand why i cant have my husband on any jobs when i have Workers Comp, Million dollar GL insurance & im held responsible for those who i let on the jobs.
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post #7 of 21 (permalink) Old 04-10-2013, 03:21 PM
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It isnt Cyprexx singling you out or as much as it is them protecting themselves from losing a Fannie Mae Contract over 1 small business. They have to abide by the rules and regulations, Giovanni is a really cool guy ive delt with him numerous times, trying to Loophole your way in with them probably isnt the best way and i can guarantee that they have a lot of lawyers on retainer to where this wouldnt make it any further than it is right now. That is my take on this....
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post #8 of 21 (permalink) Old 04-10-2013, 03:46 PM
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Trident IV acquired its interest in Cyprexx from the companyís founders in March 2008

Stone Point Capital is a private equity firm that makes investments in businesses within the global financial services industry.

Professional REO Rentals Maintenance, Property Preservation Specialist, Notary Public, Home Inspector

If you looking for a dynamic, high caliber PPI firm contact us today!
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post #9 of 21 (permalink) Old 04-10-2013, 04:10 PM
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Originally Posted by PropPresPro View Post
So let me get this straight. . .

You tried to "loophole" your way past a companies requirement that "no felons are allowed", and they caught you, so you then threatened to sue?

Go get 'em tiger! After all, you're ENTITLED!
Laughing so hard!!! America.
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post #10 of 21 (permalink) Old 04-10-2013, 05:16 PM
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The way I look at is if you made 250,000 last year with cyprexx I can guarentee you were working 18 hour days because there pay is rock bottom so you are better off going to another company or 2 and making that working 10 hours a day
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