Comments on: Andrew Armishaw Needs to Explain hrsaccount.com http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom News Release - HSBC news, articles, and editorials Fri, 05 Dec 2008 13:38:16 +0000 http://wordpress.org/?v=1.5.2 Comment on Andrew Armishaw Needs to Explain hrsaccount.com by: real estate investing http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-45315 Tue, 05 Aug 2008 19:10:16 +0000 http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-45315 <strong>real estate investing</strong> If this is your first Total Transformation review entry, welcome to the series. Previous postings on the topic were introductory and covered first impressions of the Total Transformation Program course material. This entry starts getting into the detai... real estate investing

If this is your first Total Transformation review entry, welcome to the series. Previous postings on the topic were introductory and covered first impressions of the Total Transformation Program course material. This entry starts getting into the detai…

]]> Comment on Andrew Armishaw Needs to Explain hrsaccount.com by: How To Never Get Ripped Off When Getting A Mortgage. ¦ 7Wins.eu http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-44907 Sat, 21 Jun 2008 11:59:11 +0000 http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-44907 [...] How To Never Get Ripped Off When Getting A Mortgage. Description If You, Or Someone You Know Is Getting Ready To Purchase A First Home, Move Up, Or Refinance, Pay Close Attention To What You Can Learn From A Former Mortgage Banker. Excerpt from product page &#34;Who Else Was Ripped-Off&#160; When They Bought Or Refinanced Their Home?&#34; If you feel you were &#34;taken advantage of&#34; when you applied for and received your home mortgage...you probably were. If you feel you could have done a better job getting your home mortgage... you&#39;re probably right. If you, or someone you know is getting ready to purchase a first home, move up, or refinance, you better pay close attention to what I&#39;m going to share with you. It&#39;s no secret how many Americans are losing or are about to lose their precious piece of the &#34;American Dream.&#34; They&#39;re about to be homeless because of the &#34;smoke and mirror&#34; tactics shrouding the mortgage industry. I&#39;m going to blow the lid CLEAN OFF these nasty deep pockets of profit, make tons of enemies in the industry and protect you in the process. The strategy of lenders is to maintain an uneven playing field with their clients. The average person only gets a mortgage every seven years. How can you become good at something you do every seven years, especially if you&#39;re dealing with somebody who knows all the ins and outs and is doing this several times a day? My name is Louie Frias. You don&#39;t know me yet, but after reading this expos&#233; on the mortgage industry&#39;s &#34;dirty little secrets&#34;, you&#39;re going to be glad you do. I&#39;ve made an insane living for over twenty-five years as a mortgage banker and broker. If there was a way to make a mortgage fly, I either knew about it or created it and today I&#39;m going to share three of these &#34;dirty little secrets&#34; with you. To understand how our society got here today, (mortgagewise anyway) we need to go back a few years. In the early-mid 1980&#39;s, this country was in a recession and interest rates approached 20%! That&#39;s right - 20%! Ghastly rates like these created a new era of financing - seller or &#34;creative financing&#34;. Money was so tight, we also engineered the 3rd Trust Deed! Can you imagine THREE deeds on your home! This stuff was so crazy nearly every homeowner in the country was one missed paycheck away from bankruptcy and foreclosure. These financing nightmares were necessary in order to move money through the economy to keep us from sinking into a lurking depression.. As a conduit to the money, it was my job to get as much of it out there as fast as humanly possible. Every transaction brought me huge profits because of my creative financing techniques nobody else knew about. Eventually the recession disappeared and the cost of money slid downward. This was great news for every homeowner in every state. Lower rates meant they could refinance and save their home. Guess what? It was also GREAT news for me! Instant mortgage loan pipeline! The volume was tremendous and we were scraping HUGE profits off the closing tables.&#160; If you were smart, you treated every borrower as a friend or relative because they would shower you with referral business. If you were greedy, you bought yourself nothing but trouble. (Remember, this is a highly regulated industry of uneducated, unscrupulous, selfish profiteers.) Need proof? Don&#39;t take my word for it... September, 2007 HUD to Warn FHA Lenders on Excessive Fees: The Department of Housing and Urban Development is preparing to issue an &#34;alert&#34; soon that warns Federal Housing Administration lenders about paying &#34;excessive&#34; fees to non-FHA-approved mortgage brokers. &#34;We are concerned [that] consumers are being charged excessive fees,&#34; a HUD spokesman said. He said HUD is planning to warn FHA lenders soon that these fees could be &#34;duplicative.&#34; While non-approved brokers can refer clients to FHA lenders, they are not allowed to take FHA applications or originate FHA loans. Nevertheless, FHA lenders are soliciting non-approved brokers to bring them customers and loans to process. HUD investigators have found that some lenders are charging borrowers points and paying $4,000 to $5,000 to the brokers. The National Association of Mortgage Brokers said it condemns this practice, which circumvents the FHA&#39;s approval process for originators. &#34;This loophole needs to be closed as part of FHA reform&#34; legislation, NAMB president George Hanzimanolis said. Where do you think those fees are coming from? (Secret No. 1) Need more? Read on... September, 2007 NAMB Seeks Compromise on YSPs The National Association of Mortgage Brokers is hoping to find some middle ground with House Democrats on a provision in a newly introduced predatory-lending bill that would ban &#34;incentive&#34; payments to originators, including yield-spread premiums that are a broker&#39;s main source of compensation. &#34;I understand their intent is aimed at incentive payments,&#34; NAMB executive vice president Roy DeLoach said, where a securitizer pays an additional premium for certain types of loans. The NAMB agrees that incentive payments should be banned. &#34;We want to clarify that an origination fee can be paid by the lender to the brokers,&#34; Mr. DeLoach said. Otherwise, the mortgage brokers will be forced to oppose the bill introduced on Oct. 22 by Reps. Barney Frank, D-Mass., Brad Miller, D-N.C., and Mel Watt, D-N.C. &#34;The indirect compensation mortgage brokers receive from lenders is a defendable fee that actually lowers closing costs to consumers,&#34; NAMB president George Hanzimanolis said. (There&#39;s Secret No. 2) I think by now you&#39;ve got to agree that it&#39;s open season on the unsuspecting consumer. If you&#39;re not a loan officer, or someone that understands the secrets of&#160; how mortgages work, that&#39;s YOU! (That Was Secret No. 3) Never before in the history of this country has money been so cheap and repossessed homes and personal bankruptcies been so high. So, who&#39;s making all the money and how? In a word...&#34;Servicers&#34; The nations largest servicer of mortgages charges up to 1/2% of their loans held per year. As of June 2007, this servicer managed $1.415 BILLION. Do the math. Their ONLY goal is to throw as much money on the street as possible. They don&#39;t care how it comes back because that&#39;s &#34;...not their problem.&#34; That&#39;s where mortgage bankers and brokers come in. Mortgage companies hire loan officers to produce mortgages to sell to the servicers for sizeable &#34;back end&#34; commissions. If you are in the middle of a mortgage transaction or know someone who is... STOP! Don&#39;t make a mistake and become another statistic in a time when foreclosures are at an ALL TIME HIGH! Home prices will be leveling off soon and you&#39;ll want to be positioned to take advantage of that. To be prepared, you need to get educated. I&#39;m going to pull back the curtain and show you secrets loan officers don&#39;t want you to know in a FREE, three-day report. It&#39;s only part of an exclusive manual I created called &#34;How To Never Get Ripped Off When Getting A Mortgage&#34;. For anyone wanting to learn a new career, it&#39;s also known as, &#34;How To Become A Successful Mortgage Loan Officer&#34;. Here&#39;s a sample of what&#39;s in the complete manual... How much do loan officers make? Where do they find loans to fund? What is a FICO score? What is a &#34;YSP?&#34; How does it affect the interest rate? Who can be prosecuted for violating section 32? I think I was ripped-off, who do I contact? How do I get the best loan? And much more... If you&#39;re thinking you need this information, you&#39;re right. Sign Up NOW! You Get Instant Access. FIRST Name: E-Mail Address: We hate spam as much as you do which means we never rent or sell your private email address. P.S. Having this information is the only way to protect yourself and your home from unethical racketeers who&#39;s goal in life is to rip you off as fast as they can. P.P.S. If you ever wanted a textbook on this profession, this is it. The insider information contained in the complete manual is all I&#39;ve used my entire career. These techniques and strategies will show you how to earn more than most doctors and lawyers without all the years of education! At the conclusion of your three-day report, I&#39;ll tell you how to get a copy of the complete manual. &#160;Terms of Use - Disclaimer - Privacy Policy &#169; 2007 MortgageSelfDefense.com Sites you may be interested in Fort Meade / NSA, Maryland: Home For Sale, 4 bed &#166; 2.5 bath « Military Housing &#166; Homes For Sale &#166; Houses For RentDonā€™t Fall Victim to Credit Card Scam Artists » American Consumer NewsFinancial Security, Age Based 529 College Plans, Prosper, Renting Credit - ReviewDirect Student Loans, direct college loan, direct loans &#166; College Student Loan News and Info No body knows where the risk now lies » In Debt We Trust Water4Gas Scam Is This Water Powered Car Kit a Scam - Free Social Blog Articles Queercents » Blog Archive » Accessories: The King James VersionThe Boomer Chronicles » Blog Archive » Exposed! How to Beat These Companies at Their Own GameNews Release - Andrew Armishaw Needs to Explain hrsaccount.com : Household HSBC Watch Tags mortgage lender mortgage rate mortgage refinancing mortgage loan mortgage commercial mortgage mortgage broker loan mortgage for mortgage loan This product is also listed in Home &#38; Family New Products Real Estate Money &#38; Employment New Products Finance Trends var html=''; html += ''; html += ' Gravity'; html += ' Popularity'; html += ' Referred'; html += ''; html += ''; html += ' '; html += ''; html += ''; html += ' '; html += ''; html += ''; html += ' '; html += ''; document.write(html); Pingback / Trackback In database since 2007-11-23 and last updated on 2008-06-20 [...] […] How To Never Get Ripped Off When Getting A Mortgage. Description If You, Or Someone You Know Is Getting Ready To Purchase A First Home, Move Up, Or Refinance, Pay Close Attention To What You Can Learn From A Former Mortgage Banker. Excerpt from product page "Who Else Was Ripped-Off  When They Bought Or Refinanced Their Home?" If you feel you were "taken advantage of" when you applied for and received your home mortgage…you probably were. If you feel you could have done a better job getting your home mortgage… you're probably right. If you, or someone you know is getting ready to purchase a first home, move up, or refinance, you better pay close attention to what I'm going to share with you. It's no secret how many Americans are losing or are about to lose their precious piece of the "American Dream." They're about to be homeless because of the "smoke and mirror" tactics shrouding the mortgage industry. I'm going to blow the lid CLEAN OFF these nasty deep pockets of profit, make tons of enemies in the industry and protect you in the process. The strategy of lenders is to maintain an uneven playing field with their clients. The average person only gets a mortgage every seven years. How can you become good at something you do every seven years, especially if you're dealing with somebody who knows all the ins and outs and is doing this several times a day? My name is Louie Frias. You don't know me yet, but after reading this exposé on the mortgage industry's "dirty little secrets", you're going to be glad you do. I've made an insane living for over twenty-five years as a mortgage banker and broker. If there was a way to make a mortgage fly, I either knew about it or created it and today I'm going to share three of these "dirty little secrets" with you. To understand how our society got here today, (mortgagewise anyway) we need to go back a few years. In the early-mid 1980's, this country was in a recession and interest rates approached 20%! That's right - 20%! Ghastly rates like these created a new era of financing - seller or "creative financing". Money was so tight, we also engineered the 3rd Trust Deed! Can you imagine THREE deeds on your home! This stuff was so crazy nearly every homeowner in the country was one missed paycheck away from bankruptcy and foreclosure. These financing nightmares were necessary in order to move money through the economy to keep us from sinking into a lurking depression.. As a conduit to the money, it was my job to get as much of it out there as fast as humanly possible. Every transaction brought me huge profits because of my creative financing techniques nobody else knew about. Eventually the recession disappeared and the cost of money slid downward. This was great news for every homeowner in every state. Lower rates meant they could refinance and save their home. Guess what? It was also GREAT news for me! Instant mortgage loan pipeline! The volume was tremendous and we were scraping HUGE profits off the closing tables.  If you were smart, you treated every borrower as a friend or relative because they would shower you with referral business. If you were greedy, you bought yourself nothing but trouble. (Remember, this is a highly regulated industry of uneducated, unscrupulous, selfish profiteers.) Need proof? Don't take my word for it… September, 2007 HUD to Warn FHA Lenders on Excessive Fees: The Department of Housing and Urban Development is preparing to issue an "alert" soon that warns Federal Housing Administration lenders about paying "excessive" fees to non-FHA-approved mortgage brokers. "We are concerned [that] consumers are being charged excessive fees," a HUD spokesman said. He said HUD is planning to warn FHA lenders soon that these fees could be "duplicative." While non-approved brokers can refer clients to FHA lenders, they are not allowed to take FHA applications or originate FHA loans. Nevertheless, FHA lenders are soliciting non-approved brokers to bring them customers and loans to process. HUD investigators have found that some lenders are charging borrowers points and paying $4,000 to $5,000 to the brokers. The National Association of Mortgage Brokers said it condemns this practice, which circumvents the FHA's approval process for originators. "This loophole needs to be closed as part of FHA reform" legislation, NAMB president George Hanzimanolis said. Where do you think those fees are coming from? (Secret No. 1) Need more? Read on… September, 2007 NAMB Seeks Compromise on YSPs The National Association of Mortgage Brokers is hoping to find some middle ground with House Democrats on a provision in a newly introduced predatory-lending bill that would ban "incentive" payments to originators, including yield-spread premiums that are a broker's main source of compensation. "I understand their intent is aimed at incentive payments," NAMB executive vice president Roy DeLoach said, where a securitizer pays an additional premium for certain types of loans. The NAMB agrees that incentive payments should be banned. "We want to clarify that an origination fee can be paid by the lender to the brokers," Mr. DeLoach said. Otherwise, the mortgage brokers will be forced to oppose the bill introduced on Oct. 22 by Reps. Barney Frank, D-Mass., Brad Miller, D-N.C., and Mel Watt, D-N.C. "The indirect compensation mortgage brokers receive from lenders is a defendable fee that actually lowers closing costs to consumers," NAMB president George Hanzimanolis said. (There's Secret No. 2) I think by now you've got to agree that it's open season on the unsuspecting consumer. If you're not a loan officer, or someone that understands the secrets of  how mortgages work, that's YOU! (That Was Secret No. 3) Never before in the history of this country has money been so cheap and repossessed homes and personal bankruptcies been so high. So, who's making all the money and how? In a word…"Servicers" The nations largest servicer of mortgages charges up to 1/2% of their loans held per year. As of June 2007, this servicer managed $1.415 BILLION. Do the math. Their ONLY goal is to throw as much money on the street as possible. They don't care how it comes back because that's "…not their problem." That's where mortgage bankers and brokers come in. Mortgage companies hire loan officers to produce mortgages to sell to the servicers for sizeable "back end" commissions. If you are in the middle of a mortgage transaction or know someone who is… STOP! Don't make a mistake and become another statistic in a time when foreclosures are at an ALL TIME HIGH! Home prices will be leveling off soon and you'll want to be positioned to take advantage of that. To be prepared, you need to get educated. I'm going to pull back the curtain and show you secrets loan officers don't want you to know in a FREE, three-day report. It's only part of an exclusive manual I created called "How To Never Get Ripped Off When Getting A Mortgage". For anyone wanting to learn a new career, it's also known as, "How To Become A Successful Mortgage Loan Officer". Here's a sample of what's in the complete manual… How much do loan officers make? Where do they find loans to fund? What is a FICO score? What is a "YSP?" How does it affect the interest rate? Who can be prosecuted for violating section 32? I think I was ripped-off, who do I contact? How do I get the best loan? And much more… If you're thinking you need this information, you're right. Sign Up NOW! You Get Instant Access. FIRST Name: E-Mail Address: We hate spam as much as you do which means we never rent or sell your private email address. P.S. Having this information is the only way to protect yourself and your home from unethical racketeers who's goal in life is to rip you off as fast as they can. P.P.S. If you ever wanted a textbook on this profession, this is it. The insider information contained in the complete manual is all I've used my entire career. These techniques and strategies will show you how to earn more than most doctors and lawyers without all the years of education! At the conclusion of your three-day report, I'll tell you how to get a copy of the complete manual.  Terms of Use - Disclaimer - Privacy Policy © 2007 MortgageSelfDefense.com Sites you may be interested in Fort Meade / NSA, Maryland: Home For Sale, 4 bed | 2.5 bath « Military Housing | Homes For Sale | Houses For RentDonā€™t Fall Victim to Credit Card Scam Artists » American Consumer NewsFinancial Security, Age Based 529 College Plans, Prosper, Renting Credit - ReviewDirect Student Loans, direct college loan, direct loans | College Student Loan News and Info No body knows where the risk now lies » In Debt We Trust Water4Gas Scam Is This Water Powered Car Kit a Scam - Free Social Blog Articles Queercents » Blog Archive » Accessories: The King James VersionThe Boomer Chronicles » Blog Archive » Exposed! How to Beat These Companies at Their Own GameNews Release - Andrew Armishaw Needs to Explain hrsaccount.com : Household HSBC Watch Tags mortgage lender mortgage rate mortgage refinancing mortgage loan mortgage commercial mortgage mortgage broker loan mortgage for mortgage loan This product is also listed in Home & Family New Products Real Estate Money & Employment New Products Finance Trends var html='’; html += ‘’; html += ‘ Gravity’; html += ‘ Popularity’; html += ‘ Referred’; html += ‘’; html += ‘’; html += ‘ ‘; html += ‘’; html += ‘’; html += ‘ ‘; html += ‘’; html += ‘’; html += ‘ ‘; html += ‘’; document.write(html); Pingback / Trackback In database since 2007-11-23 and last updated on 2008-06-20 […]

]]> Comment on Andrew Armishaw Needs to Explain hrsaccount.com by: Credit Card Services http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-39631 Wed, 14 Nov 2007 14:09:09 +0000 http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-39631 <strong>Credit Card Services</strong> I couldn't understand some parts of this article, but it sounds interesting Credit Card Services

I couldn’t understand some parts of this article, but it sounds interesting

]]> Comment on Andrew Armishaw Needs to Explain hrsaccount.com by: Judy http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-39581 Tue, 13 Nov 2007 23:26:33 +0000 http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-39581 We are having trouble getting them to send us our first statement. Had to get the dealer to call to get the due date and it is a week before due date - no statement. I think they are a scam and want customers to be late to make extra fees. We are having trouble getting them to send us our first statement. Had to get the dealer to call to get the due date and it is a week before due date - no statement. I think they are a scam and want customers to be late to make extra fees.

]]> Comment on Andrew Armishaw Needs to Explain hrsaccount.com by: Jennifer http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-39437 Sun, 11 Nov 2007 17:31:21 +0000 http://householdwatch.com/wp/2005/02/25/andrew-armishaw-needs-to-explain-hrsaccountcom#comment-39437 I know that my bill is due on the 18th of every month, but I like to pay my bills online at the first of every month. I cannot do this with my HRS account because their website is not up. Customer service tells me that it is either my internet provider's problem, I am not typing the correct address in the address box, or I am typing it into a search engine instead of the address box. This is a bunch of crap! I get my bill in on time because I know how to keep up with it, but they are out-right lying to us! Who is to say that we won't be lied to about something else. As to Vicky's response, I know how to keep up with my account, but I can't argue with these people. I am one person. They just tell me I am wrong and "Sorry mam, there is nothing we can do that is just what our computer says." Also, costumer service was EXTREMLY rude to me when I called. I told them about all these websites that have these horror stories and they told me that all these people are simply not typing in the address the correct way. Yeah right! We have had our account with them for only about 4 months, and something goes wrong at least once a month. It's just a headache to have to constantly worry about it and then have to fix it. I know that my bill is due on the 18th of every month, but I like to pay my bills online at the first of every month. I cannot do this with my HRS account because their website is not up. Customer service tells me that it is either my internet provider’s problem, I am not typing the correct address in the address box, or I am typing it into a search engine instead of the address box. This is a bunch of crap! I get my bill in on time because I know how to keep up with it, but they are out-right lying to us! Who is to say that we won’t be lied to about something else. As to Vicky’s response, I know how to keep up with my account, but I can’t argue with these people. I am one person. They just tell me I am wrong and “Sorry mam, there is nothing we can do that is just what our computer says.” Also, costumer service was EXTREMLY rude to me when I called. I told them about all these websites that have these horror stories and they told me that all these people are simply not typing in the address the correct way. Yeah right! We have had our account with them for only about 4 months, and something goes wrong at least once a month. It’s just a headache to have to constantly worry about it and then have to fix it.

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