MIDWEST BANK CENTRE

My fianc? went through all of the pre-qual. for the loan paying a $350.00 application fee. My fianc? wanted to be the distribution agent for the loan. However, Jim Nottleman from the bank told my fianc?,"How could a person that couldn't see check on the project and write checks? "Therefore, they told him he needed to hire US Titles to be his disbursing agent and in turn having to pay additional fees to them. At the time of closing on 07/01/05, my fianc? asked Jim if his money would be safe and secure and if they would be handling all of the disbursements correctly? Jim Nottleman said, "That is what you are paying the fee for." He asked Jim to read him the closing documentation because he could not see. Jim said because it was so lengthy and there was not much time he could not do that. Jim said he would have to take it home and have someone else read it to him at a later date. Come to find out,the contract actually said that if the work had not yet been performed after 14 days after the first disbursement to the contractor (of course the contractor got his first disbursement) the contractor and my fianc? and the bank would be null and void. The contr. did nothing until after labor day. If my fianc? had known this and "read" to him, all of his money would never have been taken. The loan was set up on 4 equal disbursements. In Dec of 2005 a 4th the disbursement was released from the bank to the title company as a partial disbursement. The contr. actually forged a voucher and was able to get away with an additional $17k while my fianc? and I were out of town. He was not aware of this at all until he received the bank statement. At that time, it was my fianc? who called the bank and the title company and said DO NOT disperse any more funds. Something is horribly, horribly wrong. Jim Nottleman HAS been fired as of March of 06. Steve Simmons was fired. The bank started foreclosure proceedings in March, forcing him to sell the property in November of 06 for $55,000.00. Then he was reported to the IRS that he received a $105,000 windfall. At the closing, my fianc? was told to bring proper homeowners insurance and the builder was to bring his builders risk insurance. However, we found out much later after my fianc? produced his insurance that the contractor never had any. The bank allowed the loan to close without the builder having insurance.The bank for the last 4 years has reported to my fianc?'s credit through the bureau's false accusations, costing him financial ruins. The department of finance for the state of MO has investigated them and has told my fianc? very strongly,SEEK PRIVATE COUNSEL. The federal reserve is still currently investigating the bank and has found so far 1 violation in regards to his credit report.Has also strongly told him to seek private counsel.The department of justice for civil rights in Washington DC has told us that the refusal of them not reading him his closing documentation is a direct violation of his civil rights.