CFPB enters into consent orders with reverse mortgage companies to settle alleged advertising violations

Barbara S. Mishkin The CFPB announced that it entered into consent orders with three reverse mortgage companies to settle the CFPB’s allegations that the companies engaged in deceptive advertising in violation of the Mortgage Acts and Practices-Advertising Rule (Regulation N) and the Consumer Financial Protection Act.  Each of the consent orders requires payment of a civil money penalty to... More >...(read more)

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