Two Mortgage Companies Hit With Over $1M In Fines By CFPB

July 26, 2020

National Mortgage Professional, July 25, 2020–Keith Griffin
The Consumer Financial Protection Bureau issued consent orders against Sovereign Lending Group Inc. and Prime Choice Funding Inc. The bureau found that the companies mailed consumers advertisements for VA-guaranteed mortgages that contained false, misleading, and inaccurate statements or lacked required disclosures.
https://nationalmortgageprofessional.com/news/75609/mortgage-companies-over-fines-cfpb