we will not consider banks or net branches. The mortgage brokerage firm must actually be based in the state they represent, they should be a medium to large scale operation, and they must value their reputation. We will not consider one man shops, or start ups.
Washington, DC (PRWEB) September 8, 2008
For over five years Americas Watchdog has been fighting for better consumer protection when it comes to US consumers financing or refinancing a home. The focus of this has been US banks, or mortgage bankers that have no disclosure requirements related to yield spread premiums. According to Americas Watchdog, "this puts the consumer at a huge disadvantage, because they have no way of understanding pricing, or real costs. In order to level the playing field, Americas Watchdog is initiating a recommended honest mortgage broker program in each state. The catch is the brokerage firm has to be medium to large, based in the actual state, and have a squeaky clean reputation. There is an upfront fee for participation". Interested mortgage brokerage firms can call the Homeowners Consumer Center at 866-714-6466 or visit their web site at Http://HomeownersConsumerCenter.Com.
The program will include the following:
- Monthly in state press releases that will recommend individuals wishing to refinance, or finance a home to use the endorsed mortgage brokerage firm in their state.
(12 press releases/over twelve months)
- Each press release will include web site links, and phone numbers for the mortgage brokerage firm, along with specific contact information. Each press release will contain the Homeowners Consumer Centers endorsement and recommendation.
- The monthly press releases and endorsements will be updated with specific new information about the mortgage brokerage firm, and why residents of their states should use their service.
Note: This program is not a get rich quick lead generation scheme, or a let 250 home lenders fight each other to the death to get a mortgage. Its about consumers being educated about mortgage firms that are ethical & honest in their state.
According to Americas Watchdog, "we want to create an easy to understand pathway for consumers to find an actual honest mortgage lender in their state. We think our press releases will create a great branding platform for the participating mortgage brokerage firms. 2009 is going to be tough for all mortgage lenders. This will be a great way to drive business to mortgage brokerage firms that value their reputations, and their customers." The primary focus of this campaign will be A, or Alt A borrowers. Interested & established mortgage brokerage firm presidents, or owners can call Americas Watchdog anytime at 866-714-6466 for more information.
The group says, "we will not consider banks or net branches. The mortgage brokerage firm must actually be based in the state they represent, they should be a medium to large scale operation, and they must value their reputation. We will not consider one man shops, or start ups." Americas Watchdog and its Homeowners Consumer Center have been featured on CNN, in the New York Times, Wall Street Journal, Newsweek Magazine, Good Housekeeping Magazine and numerous other national and local publications and newspapers.
According to Americas Watchdog, "there has never been a undertaking of this magnitude, or with this kind of quality. This initiative is all about driving A or Alt A borrowers to one or two high quality mortgage brokerage firms in their states. This campaign is about branding, and after 12 months, this program will pay for itself many times over, in what could be the most competitive and difficult mortgage market in recent times. This is all about creating a positive experience for the consumer, and a big win an ethical and honest mortgage brokerage firm."
For more information about this important initiative, its costs and specific details for mortgage brokerage firms please, contact Americas Watchdog at 866-714-6466 or visit their web site at Http://HomeownersConsumerCenter.Com.
Note: First come, first serve.
Americas Watchdog and its Homeowners Consumer Center is all about consumer protection and corporate ethics and fair play.
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