National Field Network (NFN) was, until recently, an unheard of Regional Order Mill. The only Company we could find even remotely associated with the name NFN was National Field Network Now LLC, established in February, 2012, in Howell, NJ, as ID 0400400713. Shari Nott is listed as the Chief Executive Officer (CEO) and Chris Crandell as the Chief Operating Officer (COO) for NFN on their LinkedIn Profiles. Nott is the more interesting of the two as she traces her origination back to the late John Ward of First American Field Services and National Association of Mortgage Field Services (NAMFS) fame.
Before we get there, though, in one of the BIGGEST SECURITY AUDIT FAILURES I HAVE EVER SEEN, NFN has Contractor’s send their Social Security Numbers and Tax Identification Numbers along with both financial and personally identifying information through UNENCRYPTED connections! Make no mistake it will only be a matter of time before Contractor’s working for NFN have their Credit Information on most of the Dark Web Silk Road Websites. Anyone whom was stupid enough to send their data would be advised to monitor their Credit Reports.
Andrea Dearden wrote a piece over on The Madison – St. Clair Record (Metro East’s Legal Journal), entitled Heir to Highland Home Sues Reverse Mortgage Company Over Property Destruction. I spoke briefly, this evening, with their Editor … Ann Maher with respect to it. She is going to follow up on the status. In pertinent part, the piece stated,
A Madison County woman is suing a mortgage company she claims unlawfully entered her deceased father’s home and destroyed property. Diana Rogers filed a lawsuit Feb. 11 in Madison County Circuit Court against Reverse Mortgage Solutions Inc. and National Field Network LLC.
According to the complaint, Rogers acquired a home on Perch Drive in Highland after her father passed away. Prior to his death, Rogers’ father had secured a reverse mortgage from Live Well Financial Inc., the petition says. Rogers says the home was foreclosed on in January 2012 but says she remained entitled to the premises through Feb. 24, 2012.
Rogers says Reverse Mortgage Solutions was hired to oversee and manage the sale of the property following the foreclosure. That company allegedly hired National Field Network to act on its behalf.
Rogers says she had undergone shoulder surgery prior to the foreclosure and had temporarily moved into her son’s home about a mile away from her own house. She says she visited the home daily to check mail and care for her cat. The home was furnished and all utilities were functioning, according to the complaint.
On Feb. 8, sixteen days prior to the date Rogers was legally required to surrender the property, she says two people acting on behalf of RMS and National Field Network went on to the property without permission and drilled out the lock on the front door. She says the workers “removed and disposed of numerous valuable items, decimated the home and left the contents not removed from the home in a state of ruin.” Rogers claims many of the items taken from the home have never been returned.
Rogers accuses RMS and National Field Network of intentional trespass, negligent trespass, trespass to chattels, conversion and conspiracy. She contends the defendants knew they had no right to be on the property and cause damage but acted with gross negligence and wanton disregard.
The former homeowner is asking to be awarded more than $250,000 in damages for loss of property, mental anguish, humiliation and inconvenience.
Attorney Kenneth J. Brennan of Edwardsville represents Rogers. Madison County Circuit Court Case No. 13-L-211
Now, Contractors screwing up is not novel; what is novel is the fact that Nott has a tremendous amount of experience in the Mortgage Field Services Industry. Nott actually teamed up with Ward way back in the day and should have been able to identify this type of issue long before it surfaced — both the alleged issue with the Contractor and the allegations with respect to the dates of custody with respect to the property.
Employees of NFN tell a far different story than portrayed by the storied public facing positions,
What is more troubling is what we are hearing on the bricks. Several National Association of Mortgage Field Services (NAMFS) Legacy Members in the Florida and New York Regions are rumored to be owed a cumulative total far greater than all Contractor’s debts I have ever Reported upon COMBINED!
I want to be clear here: My Sources are well placed so I no reason to doubt them. The Firms implicated as to having debts owed have not, to date, filed any litigation that I am able to find. Why or why not I do not know. Perhaps because it is better to eat $300K here and there so as not to spook the Portfolio Holders; perhaps even the one Company Owner I spoke to is simply grinding an ax.
What we do know for a fact is this: National Field Network is not listed as a Company on the New Jersey Department of Treasury’s Division of Revenue and Enterprises Website. If, in fact they are sending Work Orders, across state lines using telecommunications to say Florida, they may have a problem as they have no business license as NFN in Florida either.
We invite Shari Nott or any of her representatives to sit down with Foreclosurepedia and discuss the matter, financials in hand. We doubt this will ever happen; however, in the interests of fairness we await the Interview. Likewise, if you are a Vendor or a Contractor and wish to speak with us; On The Record or Anonymously, we would be more than happy to hear from you!