CFPB Enters Into Consent Order with Mortgage Lender for $140,000
By EsqSocial Corporation 04/05/21
On April 27, 2021, the Consumer Financial Protection Bureau (CFPB) announced that it had entered into a consent order with a reverse mortgage broker and lender, resolving allegations that the company violated the Mortgages Acts and Practices Advertising Rule (MAP Rule), Regulation Z, and the Consumer Financial Protection Act (CFPA) through its direct-mail advertising campaigns targeting homeowners aged 62 and older....
By: Goodwin