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Honeymoon is definitely finished at American Equity Mortgage.
Byline: Jack Naudi
Jul. 15--Bryan Feldman walked into a Las Vegas branch office of American Equity Mortgage Inc. on June 30, ready for a tough, but exciting day at work.
As assistant branch manager and one of the top sales producers in the company, Feldman was set to close loans that would generate $27,000 in fees for American Equity. That's a number many of the company's loan officers don't reach in a month, he said.
"We were really humping," he said.
What Feldman didn't know was that within hours he would be fired: a victim -- or an accomplice, depending on who's talking -- in the contentious fight for American Equity Mortgage of Maryland Heights.
The fight has led to contempt of court citations, employee firings and combined expenditures of more than $90,000 a month for bodyguards and security by the main characters involved. Another casualty has been one of the St. Louis area's most distinctive radio campaigns.
The battle for American Equity, first detailed in a Post-Dispatch story in March, started in St. Louis County Circuit Court. In October, Chief Executive Deanna Daughhetee Vinson filed for divorce from founder Ray Vinson.
- Ray Vinson ad squabble moves from radio to TV.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News) August 3, 2005 700+ words
...Aug. 3--Ray Vinson is back on...promoting American Equity Mortgage...Heights-based American Equity Mortgage. Although Ray Vinson founded the...response." Ray Vinson has argued...advertising, American Equity Mortgage...
- Judge stalls Ray Vinson's radio comeback.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News) July 16, 2005 700+ words
...16--Ray Vinson's bid to...voice of American Equity Mortgage...January, Ray Vinson demanded...Since then, American Equity has switched...preserve Ray Vinson's financial interest in American Equity Mortgage...
- American Equity acquires Integrity Mortgage.(Business Alert)(Brief Article)
- Magazine article from: Mortgage Banking July 1, 2004 700+ words
AMERICAN EQUITY MORTGAGE, ST. LOUIS, has acquired Integrity Mortgage...name. Established in 1992 by Mike Vinson, brother of American Equity Mortgage's founder and chief, Ray Vinson, Integrity Mortgage has 120 employees and seven offices...
- AEM Opens Office in West Palm Beach.(American Equity Mortgage)(Brief Article)
- Magazine article from: Origination News September 1, 2004 700+ words
American Equity Mortgage, which specializes...worked her way up through American Equity Mortgage's manager-in...Palm Beach residents," said Ray Vinson, founder and chief executive of American Equity Mortgage, in a company press...
- American Equity Hires New CTO.(Brief Article)
- Magazine article from: Origination News October 1, 2003 700+ words
...Mr. Dixon brings to American Equity Mortgage more than...3 billion in 2002, American Equity Mortgage has twice...In 2001, founders Ray Vinson and Deanna Daughhetee...Seattle. In June, American Equity opened its first office...
- With millions at stake, couple battles for control of company.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News) March 27, 2005 700+ words
...enveloped American Equity, founded...reveals: Ray Vinson is alleged...stories. But Ray Vinson has never...title with American Equity. For the...worked for American Equity. Elsner praises Ray Vinson for using...
- Brothers' Mortgage Businesses Become One with Acquisition.
- Newspaper article from: Knight Ridder/Tribune Business News June 4, 2004 700+ words
...St. Louis-based American Equity Mortgage, founded by Ray Vinson, has acquired Integrity...in central Ohio. American Equity has offices in 17...chief executive of American Equity and wife of Ray Vinson, 52. "Because of...
- Finalists Announced for St. Louis' 2002 Ernst & Young Entrepreneur Of The Year...
- Press release article from: Business Wire May 8, 2002 700+ words
...Support of Entrepreneurship The Donald Danforth Plant Science Center Financial Services American Equity Mortgage Deanna Daughhetee Vinson and Ray Vinson Manufacturing/Consumer Products Children's Factory Michael A. Richter Master McCarthy...
