This Business Is Not BBB Accredited

American National Processing

American National Processing

(505) 349-5440

American National Processing

136 Washington SE Ste A
Albuquerque, NM 87108

Fax Numbers
  • (505) 217-1748
  • (866) 397-6626
  • (505) 217-1885
Additional Phone Numbers
  • (505) 234-1850
  • (505) 617-3775
  • (914) 290-0843
BBB File Opened: 06/12/2012
Type of Entity
Corporation
Business Management
  • Mr. Shawn Jeffries, Contact
  • Customer Service: Ms. Charlene Lopez, Registered Agent
Contact Information
  • Mr. Shawn Jeffries, Contact
  • Customer Service: Ms. Charlene Lopez, Registered Agent
Business Category
  • Foreclosure Rescue
  • Loan Modification
  • Real Estate Loans
  • Foreclosure Services

Additional Information
  • Charlene Lopez, organizer of American National Processing, is associated with Turning Point Mortgage Company. A separate report is available on that business.

    A new Federal Trade Commission rule bans providers of mortgage foreclosure rescue and loan modification services from collecting fees until homeowners have a written offer from their lender or servicer that they decide is acceptable.

    The Mortgage Assistance Relief Services (MARS) Rule protects distressed homeowners from mortgage relief scams. Bogus operations falsely claim that, for a fee, they will negotiate with the consumer’s mortgage lender or servicer to obtain a loan modification, short sale, or other relief from foreclosure. Many of these operations pretend to be affiliated with the government or housing assistance programs.

    Beginning December 29, 2010, the new disclosure rules require mortgage relief companies to disclose key information to consumers to protect them from being misled and help them make better informed decisions. In addition, the rule bars mortgage relief companies from telling consumers to stop communicating with their lenders or servicers.

    Effective January 31, 2011, the most significant consumer protection under the FTC’s new rule is the advance fee ban. Under this provision, mortgage relief companies may not collect any fees until they have provided consumers with a written offer from their lender or servicer that the consumer decides is acceptable, and a written document from the lender or servicer describing the key changes to the mortgage that would result if the consumer accepts the offer. The companies also must remind consumers of their right to reject the offer without any charge. For more information on the new rule, go to See More Additional Information See Less Additional Information

Alternate Business Names
  • Mitigation Dept.
Number of Employees: 
1

A+

Overview

This company's business is Mortgage Services

BBB Reason for Ratings

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BBB reports on known significant government actions involving the business's marketplace conduct.

BBB reports on a company that is out of business for three years from the date the company closes its doors or ceases to do business.

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American National Processing

THIS BUSINESS IS NOT BBB ACCREDITED

American National Processing

Customer Review Rating:

Positive
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Negative
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Composite Score:

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