Washington State Department of Financial Institutions

Consumer Alert:
Saint Judes Home Rescue

November 28, 2011

The Washington State Department of Financial Institutions (DFI) is warning consumers to verify the license of any lending professional with which they are considering doing business. Consumers can determine whether lenders are properly licensed using the “Verify a License” feature on the DFI’s website at www.dfi.wa.gov.

Loan Modification Services Not Being Provided

Washington State consumers have reported that Saint Judes Home Rescue LLC, William Alvaro, and Seth Clements were paid fees for third party loan modification services that were not provided. After Consumers paid fees to these individuals, all contact with the consumer stopped.

Addresses that have been associated with Saint Judes Home Rescue LLC and William Alvaro include:

1615 9th Avenue, Suite 203
Bohemia, New York 11716-1206

Addresses that have been associated with Seth Clements include:

415 Oaklawn Avenue A, Southold
New York 11971

74 Eileen Circle, Riverhead
New York, 11901

Cease and Desist Filed

Correspondence mailed to Saint Judes Home Rescue LLC resulted in the filing of a Cease and Desist order and statements that Seth Clements acted independently and used Saint Judes’ information without authorization.

Correspondence mailed to Seth Clements has been returned to the Department of Financial Institutions as undeliverable by the United States Postal Service, or, have otherwise, not resulted in a response.

Not Licensed To Provide Loan Modification Services

Additionally, Saint Judes Home Rescue LLC is not registered with the Washington State Department of Revenue, the Office of the Secretary of State to do business in Washington, or at the Department of Licensing Master Business Division.

Neither Seth Clements nor William Alvaro are licensed as mortgage loan originators in Washington State.

If You Feel You're A Victim

If you feel you have been victimized by these individuals, and you reside in Washington State, you may file a complaint with the Washington State Department of Financial Institutions by contacting the Consumer Services Division at (360) 902-8703, or by filing a complaint online at www.dfi.wa.gov/cs/complaint.htm.

These kinds of contacts should also be reported to federal law enforcement authorities. You may contact the Federal Bureau of Investigation online: www.fbi.gov or by telephone: (202) 324-3000. We also suggest contacting the Federal Trade Commission online at www.ftc.gov or toll free: 1-877-FTC-HELP (1-877-382-4357).

If the the company has indicated they may know private information, such as your Social Security number, other account numbers, or contact information for work or other associates, you should take steps to protect yourself against identity theft. There is information on the FTC website about steps to take to protect yourself from identity theft, and what to do to protect yourself in the event you are a victim of identity theft.

Complainants have also had some success contacting their local telephone carrier’s nuisance department to stop calls.

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