CFPB Announces Enforcement Action Against a Mortgage Lender for False Advertising

The Consumer Financial Protection Bureau (CFPB) has taken action against RMK Financial Corporation for deceptive mortgage advertising practices, including ads that led consumers to believe that the company was affiliated with the U.S. government. The CFPB is ordering RMK to end its illegal and deceptive practices and pay a civil penalty of $250,000. Details are on the CFPB’s website.

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