Thanks to David Porter at Pacesetter Mortgage in Michigan for explaining how you can get your name taken off the list for getting unsolicited loan offers.
Here’s a link to the official opt-out site. This is related to yesterday’s post about how lenders deluge you with loan offers when they catch wind from the credit bureaus that you’re applying for or even just inquiring about a loan.
BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.