Linden Home Loans Charged with Bait and Switch Advertising December 28, 2007
The Washington State Department of Financial Institutions (DFI) has charged Linden Home Loans, “Home of the 1% Mortgage,” with bait and switch advertising. The DFI investigation 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 is [...]
