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    Fairway Independent Mortgage Corporation

    Fairway Independent Mortgage Corporation

    (10 reviews)

    We are victims of Unfair, Deceptive Acts and Practices in a joint predatory Mortgage Loan…read moreoriginated by William B. Murphy and owned by Fairway Independent Mortgage Corporation. William B. Murphy trapped us in a Predatory Mortgage based on fraudulent loan application. Mr. Murphy falsified the Mortgage Loan application when he excluded $69,000 SBA Loan. Mr. Murphy approved the Predatory Mortgage Loan at 53% DTI (Debt-to-Income) ratio and violated the Commonwealth v. Fremont Investment & Loan opinion, 452 Mass. 733, 897 N. E. 2d 548 (2008), Federal Underwriting and Mortgage Affordability Requirements. On September 12, 2023 we filed a lawsuit about mortgage fraud against Fairway, Murphy and others in Worcester District State Court. We demanded Jury Trial. On November 3, 2023 Honorable Judge R. Pellegrini found evidence of Fraud, Deceit, Intentional Misrepresentation and Originally Structurally Unfair Mortgage was in violation of M.G.L. c.93A, c.183C. Unfortunately on September 23, 2024 Bank-friendly Judge James G. Haddad ignored genuine issues of material facts and denied us from presenting any evidence to a Jury. He overruled Judge Pellegrini's order and dismissed our case before Trial. Judge Haddad decided the Court lacks jurisdiction because we do not seek "monetary damages" for our suffering. Judge Haddad also denied without reason our request to amend the lawsuit with money damages. We immediately filed an appeal. 20 months later, our Appeal is still pending. To this day, Judge James G. Haddad's order has not been confirmed by any other Judge. Due to Mr. Murphy's conduct, our "Excellent Credit" has been destroyed to Poor Credit and we are in danger of losing our family home.

    My wife and I have done business with Bill Murphy numerous times and have always had great…read moreexperiences. Most recently, we were refinancing 2 different properties at the same time, which felt slightly overwhelming to us but did not phase the group at Fairway. As always, they made everything extremely easy for us and did everything but sign the documents. Even that was as painless as could be. We ran into a serious snag at one point and Bill and his team really went out of their way to find a solution. They went way above and beyond, which saved us a lot of money. They are really fast with everything and are good at keeping busy customers on track. I'm a loyal customer at this point and would highly recommend this group. Great local business that does a lot for the community as well.

    bankHometown - banks - Updated October 2026

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