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CB Financing and Loans Review of Millennium Financial Systems/MFSTA
Millennium Financial Systems/MFSTA

Millennium Financial Systems/MFSTA review: Under Investigation by the DRE 1

C
Author of the review
1:18 pm EST
Verified customer This complaint was posted by a verified customer. Learn more

Stay away from this company. They are operating illegally. Last week, I received a call from a DRE investigator. I was at first nervous to call him back. However, after speaking with him it became apparent that Bob Kisling (the owner and broker) of Millennium Financial Systems (MFSTA) is under investigation for hiring unlicensed Loan Officers and other unlawful acts. He asked me several question regarding the office I worked in and the capacity in which I sold loans. I know of 3 other Loan Officers that have been contacted regarding this as well. I understand that this is an investigation and no one has been convicted of anything, but from the questions I was asked and after talking with 3 other Loan Officers that also spoke to the investigator, it doesn't look good for Bob Kisling. I did not appreciate being put in this situation and thought it was important for me to let everyone know to stay away from this company.

1 comments
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mamasunite
2406 palos verdes Dr west, US
May 22, 2015 10:38 am EDT

The rigors one must go thru to be apart of this company is as tough as nails... when hired, you are told you must pass all 3 tests to be licenced and if you don't pass, no leads...
And then 2 days a week ( after you pass and become an officer) there are continued education classes that everyone in the office must attend ... because rules and laws continue to change.
I don't know how things were a year ago, but all is running like a tight ship now.

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