The Consumer Financial Protection Bureau (CFPB) has filed its third case stemming from a sweep of investigations of multiple mortgage companies accused of using deceptive mailers to advertise Veterans Affairs-guaranteed mortgages.
The latest consent order was issued against a California corporation, which is licensed as a broker or lender in 11 states, that sent mailers that contained false statements or lacked required disclosures.
Read on for more from the CFPB.
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