REO Property Preservation Forum - Reply to Topic
Thread: Beware: NFN just laid off 73 people Reply to Thread
Title:
Message:
Trackback:
Send Trackbacks to (Separate multiple URLs with spaces) :
Post Icons
You may choose an icon for your message from the following list:
 

Register Now



In order to be able to post messages on the REO Property Preservation Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










  Additional Options
Miscellaneous Options

  Topic Review (Newest First)
02-05-2018 02:36 AM
tkiefer1111 Sounds just like my experience with that turd..you have that number to FNMY?
01-30-2018 12:54 PM
teetee00 Hey, if you haven't you should contact Paul at foreclosurepedia. He has been compiling all the payments owed to us and the fraudulently activities that have taken place and forwarding the information to HUD.
12-29-2017 11:39 PM
FSMsuperhero Your best bet is to file mechanic liens. Fannie Mae absolutely hates this and fires the companies to resolve/pay. If you go to Fannie Mae website, they have a complaint email listed, or at least they used to. GL!
12-29-2017 08:24 AM
teetee00 I would like attorney information also if anyone has it....
12-29-2017 06:54 AM
abarr8466
Nfn

Hey Usconsulting,
Can you give me the name of attorneys in NJ that are familiar with NFN's shenigans. And who you are contacting at Fannie Mae.
I was terminated from NFN in October for getting upset about payment not coming and they have been stringing me along since then with no payment.
Blaming it on needing Chris Crandle to sign off on my final Reconciliation. I have contacted attorneys in NJ but all seem to think its a fruitless effort if the company is going to file bankruptcy. Any help would be greatly appreciated.
12-28-2017 09:06 AM
GJM6264
Quote:
Originally Posted by Craigslist Hack View Post
Sounds like you dodged a bullet. Moving forward do you plan to associate with this company or companies like them in the future?
I'd never say never (being unemployed is a bitch so I wouldn't turn down an offer from a similar company) but I'm glad to be done with NFN forever. The employees are generally nice people, but the environment and back stabbing were toxic. They laid off 1/3 of the company in January and expected everyone to pick up the slack while also instituting a hard and fast no overtime rule. Then they stopped paying field techs who were understandably upset, and that ratcheted the stress level up to 11. I know I'm not the only one who was relieved when the other shoe finally dropped.
12-28-2017 08:27 AM
Craigslist Hack
Quote:
Originally Posted by GJM6264 View Post
Yes, our checks arrived in the full amount owed and cleared.
Sounds like you dodged a bullet. Moving forward do you plan to associate with this company or companies like them in the future?
12-27-2017 09:06 PM
GJM6264
Quote:
Originally Posted by beenthere View Post
So did the employees get paid? Vendors are still waiting for checks.
Yes, our checks arrived in the full amount owed and cleared.
12-27-2017 02:05 PM
teetee00 I received an email from Chris right before Christmas....I attached the body below

I'm not sure if you received a response yet but I wanted to share with you that there has been no confirmation on payment yet. However, I don't know if you were aware but we cancelled all RMS orders on Tuesday as a response to the lack of payment. As a result, we received a response back from them and they have agreed that in exchange for payment, we would consider reissuing specific critical orders that they can't get covered.

Therefore, while I don't like to assume anything, I am optimistic that we should see some of our payments soon. The unfortunate thing is that with the holiday coming up, that may create delays on their side to assemble our payments but we are pushing them hard to get something in so we can start getting payments out.

In addition, since it has been several weeks since the recent staff reductions, the positive financial impact of these reduced expenses will also improve our ability to begin catching up payments.

I know this isn't an ideal update but I wanted to make sure that we are being honest and keeping everyone up to date. As soon as we have more information, we will be alerting our folks in the network.

I am hoping next week we can email you with an update telling you that payment is on its way.

Best regards,
12-27-2017 11:20 AM
beenthere Thank God we only worked for them for a short period of time. We are still owed some money, but as soon as I saw how long they were taking to pay, we stopped. I am familiar with Ashley as I have had the displeasure of speaking with her before. I will start calling Fannie and RMS...
This thread has more than 10 replies. Click here to review the whole thread.

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

 
For the best viewing experience please update your browser to Google Chrome