Tag: deceptive-mortgage-advertising
Deceptive Advertising Update: Linden Home Loans, Paramount Equity and Assurity Financial
Linden Home Loans received a “Statement of Charges“ back in Dec of 2007 for a deceptive television and radio ad. The Department of Financial Institutions discovered that Linden promised consumers residential mortgage loans at “1% interest, with no points and no fees,” yet no one ever received those loan terms in 2006. DFI reviewed 91 files [...]
Posted: August 10th, 2008 under Legal Issues, deceptive-advertising.
Tags: Assurity Financial, deceptive-mortgage-advertising, linden-home-loans, Paramount Equity
Comments: 24
Senator Dorgan’s Office Now Collecting Deceptive Mortgage Advertising
My phone rang early in the morning on Friday. Nobody calls me early in the morning unless they’re on the east coast. I glanced at the phone: Area code 202. Who do I know in Washington D.C.? Turns out it was Allen Huffman who works for Senator Dorgan. Apparently the senator is [...]
Posted: April 7th, 2008 under General Real Estate.
Tags: deceptive-mortgage-advertising, explainingmortgages, linden-home-loans, lowermybills.com-banner-ads, senator-dorgan
Comments: 20
Vacation Mortgage
I just heard a KIRO 710 AM radio ad from a mortgage company promoting their new product, a “vacation” mortgage. “Do you need a vacation from your mortgage? That’s right we give you a 12 month vacation from making your mortgage payments! Imagine what you can do with the money you’ll save: pay off credit [...]
Posted: March 13th, 2007 under General Real Estate.
Tags: bait-and-switch, deceptive-mortgage-advertising, KIRO-710-AM, vacation-mortgage
Comments: 24
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