by Jeff Sorg | Feb 28, 2017 | Mortgage, Real Estate
Merchants failed to establish and implement an adequate anti-money laundering (AML) program OnlineEd Blog (February 28, 2017) – WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today announced the assessment of a $7 million civil money penalty (CMP)...
by Jeff Sorg | Jun 17, 2014 | Mortgage, Real Estate
Company Also Ordered to Pay $10 Million for Servicing Misconduct and Fined $418 Million by the DOJ (CFPB -WASHINGTON, D.C.) — Today the Consumer Financial Protection Bureau (CFPB), Department of Justice (DOJ), Department of Housing and Urban Development (HUD), and...
by Jeff Sorg | Apr 7, 2014 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(WASHINGTON, D.C. – CFPB) — The Consumer Financial Protection Bureau (CFPB) recently announced that consumer complaint volume nearly doubled from 91,000 complaints received in 2012 to 163,700 complaints received in 2013. The CFPB’s Consumer Response Annual...
by Jeff Sorg | Feb 25, 2014 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(Consumer Financial Protection Bureau – Washington, D.C.) Today, the Consumer Financial Protection Bureau ordered a Connecticut mortgage lender, 1st Alliance Lending, LLC (First Alliance), to pay an $83,000 civil money penalty for violating federal law by...
by Jeff Sorg | Nov 7, 2013 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(CFPB – WASHINGTON, D.C.) The Consumer Financial Protection Bureau (CFPB) today announced a proposed consent order in its enforcement action against Castle & Cooke Mortgage, LLC, for allegedly steering consumers into costlier mortgages. The Bureau has asked...
