Tuesday, July 29, 2008 - 11:17 pm
how low can you go? ask the pathetic and desperate KPAM who continues to air paramount mortgage advertising. this following paramount losing their license in washington for among other things violating advertising content restrictions as detailed in a 12 page complaint:
http://www.dfi.wa.gov/CS%20Orders/C-07-405-08-SC01.pdf
i posted these very same violations several years ago right here on this site.....too bad it took the authorities that long to do anything about it. paramount with it's self-incriminating advertising is utterly defenseless. calling up kpam and directing them to stop airing the incriminating spots, replacing them with the testimonial spots won't make it all go away either.
clearly kpam is no different than a whore or hustler that will do anything for cash. if the manson family paid (or trade-out) kpam to advertise i'm sure we would be hearing squeaky or charlie on 860 sponsoring traffic....
Tuesday, July 29, 2008 - 11:30 pm
Total crook this guy. Bait & switching people who sign here -here-here & here & here. Hope they lock this prick up & throw the key away.
Tuesday, July 29, 2008 - 11:33 pm
yes, now that he is on the FBI's radar screen, maybe we'll get to put a face to that voice with a nice perp walk
Tuesday, July 29, 2008 - 11:42 pm
But he will do your appraisal for FREE!
Tuesday, July 29, 2008 - 11:43 pm
FBI's radar screen
If he doesn't have mideastern blood, he's not on their radar screen. Perhaps in January the FBI will look at domestic issues again.
Tuesday, July 29, 2008 - 11:44 pm
Wednesday, July 30, 2008 - 3:21 am
Fwiw, it's not just KPAM that's carrying these spots.
Wednesday, July 30, 2008 - 9:43 am
I heard their spot on KEX yesterday morning (7/29).
Wednesday, July 30, 2008 - 10:02 am
Their still on all over...from Oregon radio stations
Wednesday, July 30, 2008 - 11:13 am
Sales depts are just that hungry.
Wednesday, July 30, 2008 - 1:01 pm
Is it possible that the stations are just bound to some kind of contract to air the spots(ie they've already been paid)?
Wednesday, July 30, 2008 - 1:12 pm
My wife does home loans (as a 2nd job to help friends/family from getting hosed by people like this) and has been questioning Hayes/Paramount's ads for years.
As several others have said... I've also heard their ads on many other stations lately (after this news).
Wednesday, July 30, 2008 - 2:50 pm
Paramount Equity Mortgage is a snake oil, bait and switch outfit. Their radio ads have been in blatant violation of RESPA laws for years. I'm surprised that it took this long for him to be busted. I'm equally surprised that the radio stations that carried their advertisements don't have some sort of quality control on the content they put out over the airwaves. They never quoted APR while quoting a rate, they don't really pay for your appraisal (you pay via other junk fees or a yield spread premium), and they consistently advertise rates for so-called fixed rate mortgags that really are not fixed. They are 5 year ARM's or balloons where the rate is only fixed for the first 5 years. Only a 30 yr fixed loan is considered a "fixed" rate loan.
As I stated on a previous thread: "People that tend to shop rates, fall for TV, radio, internet, or newspaper advertisements end up working with the losers of the industry. Any realtor or loan officer that does a good job for their clients doesn't need to advertise, their previous clients do it for them."
With all the bad PR, he'll be bagging groceries in a few months because his company is done. Who in their right mind would do business with an outfit like this?
