Posts Tagged ‘Bait and Switch’

Many mortgage loan quote sites are just advertising so that your name can be sold to a mortgage lender. Do you want that or do you want to deal with a real person right away. Check out the following video for more information about what mortgage loan interest rate quotes are all about. Read More

In the government’s never ending quest to make consumers safe from “unscrupulous” lenders, the latest activity has to do with new Truth-In-Lending (TIL) requirements, known as Reg Z. Surprisingly, this one appears to be something that will actually help consumers, unlike the recently enacted HVCC (Home Value Code of Conduct). Consumers getting a mortgage loan should not be surprised at closing with additional costs and/or interest rate changes because of the new requirements of the Mortgage Disclosure Improvement Act (MDIA). Read More