AMERICAN FINANCIAL RESOURCES, INC.

Company Details

Name:	AMERICAN FINANCIAL RESOURCES, INC.
Jurisdiction:	Rhode Island
Entity type:	Foreign Corporation
Status:	Conversion
Date of Organization in Rhode Island:	23 Sep 2008 (17 years ago)
Date of Dissolution:	04 Mar 2024 (a year ago)
Date of Status Change:	04 Mar 2024 (a year ago)
Identification Number:	000486208
Place of Formation:	NEW JERSEY
Principal Address:	9 SYLVAN WAY, PARSIPPANY, NJ, 07054, USA
Purpose:	MORTGAGE LENDING
Fictitious names:	Compare My Rate (trading name, 2016-03-29 - ) eLEND (trading name, 2016-03-29 - ) E-Lend (trading name, 2013-04-12 - )

Industry & Business Activity

NAICS

522291 Consumer Lending

This U.S. industry comprises establishments primarily engaged in making unsecured cash loans to consumers. Learn more at the U.S. Census Bureau

Agent

Name	Role	Address
CORPORATION SERVICE COMPANY	Agent	222 JEFFERSON BOULEVARD SUITE 200, WARWICK, RI, 02888, USA

SECRETARY

Name	Role	Address
COREY DUBNOFF	SECRETARY	9 SYLVAN WAY PARSIPPANY, NJ 07054 USA

CEO,PRESIDENT, CHAIRMAN

Name	Role	Address
RICHARD DUBNOFF	CEO,PRESIDENT, CHAIRMAN	9 SYLVAN WAY PARSIPPANY, NJ 07054 USA

VICE PRESIDENT, DIRECTOR

Name	Role	Address
MICHAEL YUSKANICH	VICE PRESIDENT, DIRECTOR	9 SYLVAN WAY PARSIPPANY, NJ 07054 USA

PRESIDENT

Name	Role	Address
LAURA BRANDAO	PRESIDENT	9 SYLVAN WAY PARSIPPANY, NJ 07054 USA

Events

Type	Date	Old Value	New Value
Conversion	2024-03-04	AMERICAN FINANCIAL RESOURCES, INC.	American Financial Resources, LLC on 03-04-2024

Filings

Number	Name	File Date
202334997960	Annual Report	2023-05-01
202213565770	Annual Report	2022-03-28
202197278970	Annual Report	2021-05-28
202196856610	Revocation Notice For Failure to File An Annual Report	2021-05-19
202060010360	Annual Report	2020-10-01
202055065520	Revocation Notice For Failure to File An Annual Report	2020-09-16
201926386320	Statement of Change of Registered/Resident Agent	2019-10-31
201985272220	Annual Report	2019-01-28
201856761840	Annual Report	2018-01-25
201734632310	Annual Report	2017-02-23
201695327830	Fictitious Business Name Statement	2016-03-29
201695327920	Fictitious Business Name Statement	2016-03-29
201689930480	Annual Report	2016-01-02
201554748350	Annual Report	2015-02-09
201332070910	Annual Report	2013-12-24
201324769590	Statement of Change of Registered/Resident Agent Office	2013-06-17
201315154000	Fictitious Business Name Statement	2013-04-12
201311824600	Statement of Change of Registered/Resident Agent Office	2013-02-12
201306747970	Annual Report	2013-01-02
201187299890	Annual Report	2011-12-26

CFPB Complaint

Complaint Id

Date Received

Issue

Product

3548492

2020-02-28

Struggling to pay mortgage

Mortgage

Issue	Struggling to pay mortgage
Timely	Yes
Company	American Financial Resources, Inc.
Product	Mortgage
Sub Product	FHA mortgage
Date Received	2020-02-28
Submitted Via	Web
Company Response	Closed with explanation
Consumer Disputed	N/A
Date Sent To Company	2020-02-28
Complaint What Happened	As a first time home owner. I purchased my home XXXX At closing i paid everything i was obligated to pay including insurance premium in full for a year. In XX/XX/XXXX my mortgage company American Financial resources ran an escrow analysis in which resulted my mortgage increase from XXXX to XXXX. a {$290.00} increase MONTHLY. after reveiwing the escrow analysis - i found numerous errors in XX/XX/XXXX they paid the wrong insurance comany not even 3 months after i closed on my house, and paid my home owners insurance in FULL at closing. I found they disbursed payment to tax collectors office for sellers owed taxes. Which was not part of my closing agreement. I ended up paying {$4200.00} in taxes in XXXX when my taxes were $ XXXX Yearly. REGARDLESS of if tax collectors office was attempting to collect payment it was two different owners, two differnt account numbers- no communication was made to notify me in regards to their request for payment. My escrow account was - XXXX due to these errors. I feel like ive been taken advantage of and no one wants to be held accoutable this has become my issue and has effected me & my loan in great deal financially. And Mistakes like this shouldnt happen, and could of been avoided, if they were more thorough and rechecked before just sending out someones money. from XXXX to today XX/XX/XXXX no escrow analysis was ever re - run. after numerous phone calls, numerous fax 's. Im truly just disappointed in this entire situation-this should be an exciting time in our life, as first time home owner ( s ), and i feel like its been one of the worst experiences and makes me regret purchasing a home. you trust mortgage companies to disburse your money appropriatley, and dont think errors like this would happen- we are at a loss on how to move forward? legal assistance re-finance?
Consumer Consent Provided	Consent provided

Date of last update: 13 Oct 2024

Sources: Rhode Island Department of State