Robert Braver sued Ameriquest for spamming - LowerMyBills.com ALSO buys leads from spammers
From the Ameriquest cross complaint at http://mortgagespam.com:
9. On or about January 28, 2002, Ameriquest entered into a “Lead Purchase Agreement” with Lead Extreme whereby Lead Extreme agreed to generate and provide consumer leads for Ameriquest (“Lead Extreme Agreement”). Under paragraph 5.3 of the Lead Extreme Agreement, Lead Extreme agreed to comply with any and all applicable federal, state, and local laws in the performance of its obligations under the Lead Extreme Agreement. A true and correct copy of the Lead Extreme Agreement is attached hereto as Exhibit “1” and incorporated herein by reference.
11. On or about March 25, 2003, Ameriquest entered into a “Lead Purchase Agreement” with Visium whereby Visium agreed to generate and provide consumer leads for Ameriquest (“Visium Agreement”). Under paragraph 5.3 of the Visium Agreement, Visium agreed to comply with any and all applicable federal, state, and local laws in the performance of its obligations under the Visium Agreement. A true and correct copy of the Visium Agreement is attached hereto as Exhibit “2” and incorporated herein by reference.
13. On or about August 25, 2003, Ameriquest entered into a “Lead Purchase Agreement” with PEM whereby PEM agreed to generate and provide consumer leads for Ameriquest (“PEM Agreement”). Under the PEM Agreement, PEM agreed to comply with any and all applicable laws and regulations in the performance of its obligations under the PEM Agreement. A true and correct copy of the PEM Agreement is attached hereto as Exhibit “3” and incorporated herein by reference.
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You can view the actual agreements at Robert’s site.
*Somebody* needs to take this to HUD and whoever enforces federal Reg Z.
Since I can now prove that LowerMyBills.com also buys leads from spammers and the consumers are ONLY hurt by lead generators—ALL mortgage lead generation should be prohibited at the federal level effective immediately with no exceptions.
The damages to consumers are devastating because the companies who hire spammers are nothing but lying scammers. Many of the victims end up suffering severe financial problems and possibly end up in foreclosure and divorce.
It’s not just about a spam - it’s about peoples’ lives.
Comments:
*** Absolutely NO SPAM! A $50 handling and removal fee applies to each advertisement and occasionally I feature an advertised site as the scam it is.
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