CFPB Settles with, Inc. to Address Deceptive Loan Advertisements Sent To Servicemembers And Veterans

August 26, 2020

The CFPB issued a consent order against, Inc. for sending consumers numerous mailers for VA-guaranteed mortgages that contained false, misleading, and inaccurate statements or that lacked required disclosures, in violation of the Consumer Financial Protection Act’s (CFPA) prohibition against deceptive acts and practices, the Mortgage Acts and Practices – Advertising Rule (MAP Rule), and Regulation Z.

View Article Source →

Stay Informed, Subscribe to the Compliance Newshub