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Now browsing: Hometown News > Business Columns > Daniel Poulos
Daniel Poulos
This Week | Archive
February 23, 2007
Don't get caught mortgage trolling - In my nearly 20 years in the mortgage business in Palm Beach County, I have never seen so much mortgage advertising specifically designed to mislead the consumer. Lenders and lead generation companies have ramped up their trolling by e-mail, snail mail and phone. Dragging baits that all sound too good to be true, these marketers lure in many unsus... Full Story
January 26, 2007
Hey, fix your mortgage - There is a unique interest rate phenomena taking place that deserves considerable attention if you are currently paying on an adjustable rate mortgage. Those of us who have been joyfully riding the wave of low adjustable rate mortgages for the last few years are starting to hit rough waters. If you haven't been examining your monthly statements, t... Full Story
December 15, 2006
Mortgage trolling: Don't get caught - In my nearly 20 years in the mortgage business in Palm Beach County, I have never seen so much mortgage advertising specifically designed to mislead the consumer. Lenders and lead generation companies have ramped up their trolling by email, snail mail and phone. Dragging baits that all sound too good to be true, these marketers lure in many unsusp... Full Story
October 27, 2006
Don't rush into a reverse mortgage - Reverse mortgages are one of the most misunderstood mortgage products on the market but their popularity is growing. With living expenses such astaxes, insurance and gasoline on the rise, seniors are finding relief by tapping into the equity in their homes without adding the obligation of a monthly mortgage payment. But, before you shift your mort... Full Story
September 29, 2006
Mortgage lies exposed - It's no secret that the mortgage market has been shrinking as of late predominantly due to rising rates and a cooling housing market. Lenders competing for their piece of the smaller pie have really been pulling out the stops when it comes to misleading and often blatantly fraudulent advertising. Some of the most prevalent tactics involve the "1 ... Full Story
August 25, 2006
Cash flow cure - If your budget is being pressured by rising rates and increased minimum payment requirements there are a number of mortgage products designed to give you extra breathing room. Often referred to as option arms or misleadingly as 1 percent mortgages, the irresistible attraction is the low minimum monthly payment. These products are also popular wit... Full Story
May 26, 2006
The 1 percent mortgage: available by prescription only - Rising rates on home equity lines of credit, climbing gasoline prices, skyrocketing insurance costs and real estate taxes are giving many homeowners a case of cash flow fever. For those inflicted, the 1 percent option arm may be the miracle pill. Unfortunately, desperate debtors are being enticed by sometimes misleading mail, phone and e-mail sol... Full Story
February 23, 2006
Exotic mortgages: pros and conmen - Exotic mortgages is the name that has been given to innovative mortgage
products designed to offer borrowers the lowest possible payments in the
short or intermediate term. Full Story
February 16, 2006
It's not too late to consolidate bills - Here's the recipe for credit crunch soup: Full Story
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