Consumer complaint received 2018-04-22
Company: LD Holdings Group, LLC
State: CA
Product: Mortgage
Sub-product: Other type of mortgage
Issue: Closing on a mortgage

Complaint:
Consumer Financial Protection Bureau XXXX XXXX XXXX XXXX, IA XXXXXX/XX/XXXX RESIDENTIAL MORTGAGE FRAUD - LoanDepot.com , LLC DBA XXXX To whom it may concern : My name is XXXX XXXX XXXX and I would like to bring to your attention what I believe is Residential Mortgage Fraud from a company that lacked the authority in which to do so as LoanDepot.com , LLC dba XXXX did not have the proper license. 
On or about XX/XX/XXXX, XXXX XXXX, SVP of Loan Integrity, LoanDepot stated in her letter Furthermore, loan Depot has an approved dba of XXXX due to the acquisition of the company. A copy of the letter is attached an included as Exhibit 1 On or about XX/XX/XXXX XXXX XXXX XXXX conducted a search on the State of California Secretary of State website in search of a recent corporate filing and was unable to locate a valid LoanDepot LLC in which would validate XXXX XXXX statement and was unable to locate one. A copy of the Secretary of State website search is attached an included as Exhibit 2 The State of California Secretary of State website revealed that Loan Depot LLC, File Number XXXX, filed a Certificate of Cancellation on XX/XX/XXXX and goes on to state on line 4 The dissolution was made by a vote of all of the members. What this means is that LoanDepot.com LLC lacked the authority in which to process Residential Mortgage as XXXX without a valid license. A copy of the Secretary of State Certificate of Cancellation is attached an included as Exhibit 3 The State of California Secretary of State website revealed that Loan Depot INC, File Number XXXX, filed a Certificate of Dissolution on XX/XX/XXXX and goes on to state on line 4 The corporation never acquired any known assets. Line 5, states, The election to dissolve was made by the vote of all the outstanding shares. What this means is that LoanDepot.com LLC lacked the authority in which to process Residential Mortgage as XXXX without a valid license. A copy of the Secretary of State Certificate of Dissolution is attached an included as Exhibit 4 On or about XX/XX/XXXX,  XXXX XXXX, Official Custodian of Records, State of California Department of Business Oversight Certificate of Search revealed that a license was issued for XXXX, XXXX, XXXX XXXX XXXX XXXX, Suite XXXX, XXXX, AZ. XXXX under the California Residential Mortgage Lending Act. 
The Departments records disclose that a license was issued on XX/XX/XXXX. On XX/XX/XXXX the license was surrendered. This license is inactive. 
What this means is that LoanDepot.com LLC lacked the authority in which to process Residential Mortgage as XXXX without a valid license. A copy of the Secretary of State Certificate of Dissolution is attached an included as Exhibit 5 On or about XX/XX/XXXX XXXX XXXX XXXX, File Number XXXX, filed a Certificate of Cancellation with the State of California Secretary of State. Line 3, states, The dissolution was made by a vote of ALL members of the California XXXX XXXX XXXX. 
What this means is that LoanDepot.com LLC lacked the authority in which to process Residential Mortgage as XXXX without a valid license. A copy of the Secretary of State Certificate of Dissolution is attached an included as Exhibit 6 On or about XX/XX/XXXX,  LoanDepot.COM , LLC DAB XXXX filed and recorded a Deed of Trust with the State of California XXXX XXXX County Recorders Office, DOC # XXXX. The Deed of Trust serves as undisputable evidence that a Residential Mortgage had been processed by two companies that lacked the authority in which to do rendering the sale as void. 
What this means is that LoanDepot.com LLC lacked the authority in which to process Residential Mortgage as XXXX without a valid license. A copy of the Secretary of State Certificate of Dissolution is attached an included as Exhibit 7 The Department of Business Oversight had sent to me via XXXX four ( 4 ) boxes containing documents pertaining to LoanDepot and XXXX. There is no documents in which would substantiate XXXX XXXX claim that LoanDepot, LLC dba as XXXX had the LEGAL RIGHTS in which to process RESIDENTIAL MORTGAGES in the state of California dba XXXX except for FRAUD. 

Can someone please help me to resolve this matter?

Company public response: Company disputes the facts presented in the complaint
Company response to consumer: Closed with explanation