Moe Bedard - LoanSafe - Got Job? Work from Home With These Legitimate Opportunites

Continued....

*“Loan Safe, Moe Bedard, aka 'The Moeniac' fires all processors and negotiators last week!

I was a long time employee of Loan Safe and the related law firms until recently. I will state indisputable facts in this post. Moe Bedard can try to justify his actions or give his own spin, but any reader can easily verify this information.

California law requires companies acting as loan modification processing companies be affiliated with a Licensed Real Estate Broker in the State of California. Loan Safe has no such affiliation.

California law requires that the individuals acting in the capacity of 'negotiator' have a valid California Real Estate Salespersons License. This person has conversation with the homeowner and the bank, relaying terms, paperwork requirements, proposed mortgage payments, etc. Loan Safe's negotiators/processors are not licensed real estate salespersons.

The above information can be verified at the California DRE website.

One of the reasons that Loan Safe does not have a broker's license is that Moe Bedard, aka Maurice Clement Bedard Jr. is a convicted felon and had his salespersons license REVOKED by the DRE on August 8, 2005. The revoked license number is 01237996. You can look this up on the net or call the DRE in Sacramento to verify.

The reason his licensed was revoked is that his felony convictions involved 'moral turpitude'. Wikipedia defines 'moral turpitude' as a legal concept in the United States that refers to 'conduct that is considered contrary to community standards of justice, honesty or good morals.'

Case #1 Riverside County Superior Court RIF108001
1 HS 11359 Felony Poss of Marijuana for Sale 01/02/2003 GUILTY CONVICTED


Case #2 Riverside County Superior Court RIF118953
1 PC 273.5(E) Felony Corporal Injury on Spouse/Cohabitant 08/26/2004 GUILTY CONVICTED


Case #3 Riverside County Superior Court RIM431684
1 PC 243(E)(1) Misdemeanor Battery on Spouse/CoHabit/Pare 02/11/2003 GUILTY CONVICTED

On November 23, 2004 Maurice 'Moe' Bedard was sentenced to 2 years in State Prison, (less 66 days time served). Remanded to custody of Riverside County Sheriff, subsequently transported to California Rehabilitation Center in Norco, CA.

Soon after he got out of prison, Moe began working on the idea of Loan Safe in early 2007. The website loansafe.org went live that summer. The actual 'for profit' business of Loan Safe Solutions opened to the public in May 2008. Moe makes claims that loansafe.org is a 'not for profit' (same as non-profit), however the company is not registered with the IRS as a 501(c)(3) Non-profit organization.

The website loansafe.org, is actually an extremely good source of information for distressed homeowners to help themselves with the support of the loansafe community of volunteers. For homeowners who want help from an attorney, Loansafe.org has their 'selected' attorney or law firm advertise on their site for a marketing fee which is paid to Loan Safe Solutions. A portion of EVERY retainer fee collected by the law firm which got the lead from Loansafe.org is paid to Loan Safe Solutions.

The Law Offices and Loan Safe Solutions are separate entities. However, Moe calls the shots at both. The attorneys do their attorney work, but regarding policies & procedures for Loan Safe cases, we all know Moe is basically in charge.

Once the fee has been paid by the homeowner and the required paperwork has been exchanged and received by the salesperson aka 'Mortgage Investigator', the case is then handed over to Loan Safe Solutions for the forensic auditing and processing of the modification with the lender. The 'Forensic Loan Audit' may or may not play a part in the negotiations with the lender. As the Federal Loan Modification programs become generally accepted by the lenders, the audit will become unnecessary in most cases.

While the case is being processed at Loan Safe Solutions, the auditing staff of 2 young ladies, probably no more than 24 years old and each with just a few years experience in the RE business review the old loan for violations and prepare the loan audit. Neither one of these persons have Real Estate Salesperson licenses.

The processing staff of just 2 people as of last Friday, prepare the submission of the loan modification file to the lender. Neither one of these persons have Real Estate Salesperson licenses. It is the job of the processing staff to submit the file to the lender and to follow the progress of the case with the lender's loss mitigation agent. The processor/negotiator person discusses information and terms of proposals between the homeowner and loss mitigation person at the lender.

You may have noticed that there has not yet been an attorney involved in the case. As a practical matter, the attorney who is assigned to these cases is a young man who just graduated from law school and passed the bar within the last 2 years. The supervising attorneys were admitted to the bar in June 2005 and June 2006. The attorney assigned to a case may or may not review the file in the early stages and talk with the homeowner on the phone. The attorney generally make the final call to discuss the proposed modification with the homeowner and will advise them as appropriate.

At this point, it would be helpful for the reader to understand the layout of the offices and the relationship to the law firms. Loan Safe Solutions occupies a leased building in Corona. There is approximately 6,000 sq. ft. of office space. On 1 side of the building the Loan Safe Solutions corporate staff and support personnel have offices. The other side of the building is the 'Law Office' staff, the actual attorney office and processing. There is no physical separation between Loan Safe Solutions and the Law Office sales staff. The salespeople 'Mortgage Investigators' used to occupy about 30 cubicles. The attorney has a separate locked office. The Law Office personnel and Loan Safe Solutions personnel can freely move about the shared office space. In fact, the phone lines that come in are answered by persons employed by Loan Safe and they can transfer to either Loan Safe or the Law Offices.

In the building adjacent to Loan Safe, there is another law office which feeds cases to Loan Safe Solutions.

In September 2008, the very experienced and savvy B2B Sales Manager left the company over growing frustration over cases not being handled properly and the huge increase in complaint calls from brokers and homeowners.

In September 2008, Moe abruptly shut down the 'B2B' division of Loan Safe and laid off almost all of the sales staff.

In September 2008 the original Law Firm #1 ceased taking on Loan Safe cases. Law Firm #2 was created.

In November, the V.P. of Operations suddenly resigned, citing dissatisfaction with the processing method as being overly complicated and time consuming. Moe's frequent verbal abuses of the personnel was also a contributing factor to resigning.

Loan Safe Solutions received a trademark infringement complaint in late 2008 initiated by First American Title Company. First American has a division called Corelogic which has had a product on the market for many years called LoanSafe 2.0. The complaint alleges trademark infringement of the LoanSafe trademark by Loan Safe Solutions. As yet, unresolved.

In January 2009, the CEO of Loan Safe left the operation due to differences of opinion on the proper operation of the business.

In late February 2009, the corporate attorney for Loan Safe was all of a sudden not at work. Who knows?

In late February, Law Firm #2 ceased taking on new business from Loan Safe. Law Firm relationship #3 was established.

In early March 2009, almost all of the 25+ sales people 'Mortgage Investigators' were fired.

Last week, everyone in processing (except 2) and everyone in auditing (except 2) were fired.

A little over 3 weeks ago, Moe made an announcement to management that he was considering selling Loan Safe. Unknown at this point if any action has been taken.

Homeowners who are researching loan modifications should do their own due diligence, make wise decisions and are advised to not rely solely on this information for making their decisions.

loansafe, loan safe, loansafe solutions, modifyloan, loanwork, predatorylendinglaw, mhlloanpro, Moe Bedard, convicted felon, abuse, loan modification, forensic loan audit,”
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As far as what I posted goes, if you're going to call other members to the carpet about making money online, the way said money is generated is fair game to call into question:

http://www.wickedfire.com/newbie-questions/98157-i-love-newbies-ask-moe-bedard-anything.html

As for the weed growing, child endangering, witness tampering or wife beating goes that others posted...I think it's a question of character more than anything else. If you're going to come here and run your mouth and act like a pompous guru jackass, expect the worst.
 
nvanprooyen said:
As far as what I posted goes, if you're going to call other members to the carpet about making money online, the way said money is generated is fair game to call into question:

http://www.wickedfire.com/newbie-questions/98157-i-love-newbies-ask-moe-bedard-anything.html

As for the weed growing, child endangering, witness tampering or wife beating goes that others posted...I think it's a question of character more than anything else. If you're going to come here and run your mouth and act like a pompous guru jackass, expect the worst.
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You are right. He's a piece of shit who has brought it on himself. I jumped to conclusions before seeing his prior posts...

Moe Bedard = HOME loan asshole?

He and Gary Thiem should open up their own Asshole loan shop.
 
I think Moe found a way to beat the ban -- he's still logged in now. So if he remains active at the keys he won't be auto logged off -- that boy has pluck.
 
GerardWon said:
I think Moe found a way to beat the ban -- he's still logged in now. So if he remains active at the keys he won't be auto logged off -- that boy has pluck.
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If you are banned from a Vbulletin forum you will still show up online.
 
Dwight Schrute said:
Butthurt Moe just posted about Grants360 on his blog. I'd link to it, but don't want to give him more traffic.
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Why would you link to it? Scumbag.

Whatever, he just removed it as quickly as he posted it up. So I'm glad he took some time to cool off and realize that I wasn't the one behind whatever this shit here is as he first thought.

In fact, I had no clue about this thread or anyone posting anything about him or vice versa until he hit me up calling me a fucker and sounding pretty pissed off saying he was fine with going to war with me. Unfortunately this isn't the first time this has happened, and he has since decided that this place has gone to crap and asked that I ban him for life, so I'll go ahead and do that for him.

Sooooo just because some shit happens to you here, don't go blaming it on me. Blame Jesus.

I really have no idea why he even made this thread or what his purpose was to do, and quite frankly, I don't even care. But its true, that he did strike first here, he got called out on it, and banned and that should have been enough, but then again he's done this before so I guess one of you decided to go that extra mile. A link would have been good enough I think.

For future reference, outting someone as a scammer or whatever the fuck is fine and all, but PLEASE leave their family's info out of it. No names of their wife and kids. That's just unnecessary collateral damage that SHOULD ALWAYS be avoided. Its just common decency too ya know? Unless of course its deemed as absolutely necessary for someone who SERIOUSLY crosses the line. To which, Moe actually hasn't done so here.

Please also remember too that you really need to think first before you act, because many times you can't just delete a post or thread, and may really regret it later on.
 
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I dont see anything wrong with his loansafe website. All the accusations are a bunch of bull shit. (its his loanworkout site thats the loan mod company)
Half the banks are very difficult to work with. They took the bail out money and now in stead of giving default customers a straight answer, they get the run around. (b of a is the worst) I'm glad some is calling them out on it.
The forum is actually pretty helpful, for people doing a loan mod.

Being a wife beater is another story. I despise them.
 
Seems this is going to actually end up taking a very strange route...

Moe has just informed me that he's going to be killing me, then bankrupting me, then turning me over to the FBI and the FTC so that I can rot in prison for my crimes, because apparently this whole thread is my fault, and I'm on some kind of alleged mission to destroy him and his family. Oh yeah, and also because its his duty he claims to lead the way in putting criminals behind bars... His words not mine.

I know most people may see this as a joke of sorts, or may not even see it as a real threat, but I take ALL threats like these pretty seriously. Especially when they involve my personal safety and security.

I know that my lawyers will likely be insisting I not speak of any of this until its all over with, but I wanted to show many of you the kind of bat-shit crazy people I get to deal with on an almost regular basis, although this one seems as if its escalating into something far beyond anything it should have ever been in the first place.

It is what it is I guess... FUBAR :/
 
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