Sunday, June 3, 2007

Telemarketers targeting mortgage shoppers

Telemarketers targeting mortgage shoppers

As a former mortgage broker, Adryenn Ashley thought she knew what to expect when she refinanced her house in March. Yet Ashley was unprepared for one twist she encountered: A barrage of phone calls and e-mails from rival lenders vying to sell her a better mortgage.
Some of the callers apparently knew just how much money she was borrowing. Others made such misleading come-ons such as "We need to update your information," or "We need to complete your application," Ashley recalls. More...
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Have you had a bad experience with mortgage brokers?