Protect your Buyers and Sellers

By
Mortgage and Lending with FAIRWAY Independent Mortgage Corp


Realtors, protect your buyers and sellers. When a lender pulls a credit report it shows up as an inquiry. Credit bureaus are allowed to sell that information - called a trigger lead. When we're in a low interest rate environment, like we are right now, trigger lead purchases go up and the lenders contacting your clients are not all 'created equal.' Protect your buyers and sellers. The Federal Trade Commission published a paper on this Click here, and there is an "opt-out list" that you and your clients can join to help protect yourselves, not just from aggressive lenders, but also from the increased risk of identity theft (extra letters and emails circulating with your personal information on them). Learn about FAIRWAY Independent Mortgage Corp in Lancaster PA at www.FairwayPA.com.

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Topic:
Real Estate Best Practices
Location:
Pennsylvania
Groups:
Consumer Mortgage Tips
Lancaster PA Real Estate
Responsible Mortgage Lenders
Tags:
protect your buyer
trigger leads
credit bureaus
ftc
opt out list
aggressive lenders
identity theft

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Ken Pederson

Certified Mortgage Planner
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