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Home > Financial Services > Mortgage Brokers > Arbor Mortgage Corporation
Arbor Mortgage Corporation
A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan, which is normally, the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee, which is usually a percentage of the loan or property amount.
Complainant is Arbor Mortgage Corporation, Grand Rapids, MI, USA represented by Jason Schnelker, Siebers, Mohney, and PLC. Respondent is Kevin Sipe, Harrison Twp, MI, and USA.
Complainant holds a pending trademark for Arbor Mortgage Where Money Grows on Trees and first used the name in commerce September 24, 1998. The record further shows that Complainant was granted corporate status by the State of Michigan September 28, 2000, and was licensed as a first mortgage broker by the State of Michigan July 30, 1999. Two months later, an associate of Respondent Sipe established a sole proprietorship under the name Arbor Mortgage in September of 1999. In July 2000, Complainant attempted to register the domain name arbormortgage, only to learn that Respondent had already registered its mark as a domain name. In August of 2000, Complainant’s counsel sent Respondent a cease and desist letter and Respondent first complied with that demand then offered to sell the domain name to Complainant for $10,000.
Looking to the totality of the circumstances, as the Panel must, the Panel finds that Respondent’s conduct with regard to the registration and use of a domain based on Complainant’s corporate identity and mark evidences bad faith.
The Company believes a mortgage is a promise, one that can build a solid and trusting relationship for the term of your loan. They are dedicated to providing excellent service to their customers, striving to earn repeated business referrals from their many satisfied mortgage applicants. The Company believes a mortgage is the most rewarding investment made over a lifetime of important financial decisions.
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