Prospect Mortgage to Pay $3.5 Million Fine for Illegal Kickback Scheme
The CFPB’s investigation found that ReMax Gold Coast and Keller Williams Mid-Willamette accepted illegal payment for referrals By Jeff Sorg, OnlineEd Blog (February 1, 2017) – The Consumer Financial Protection Bureau (CFPB) on Tuesday took action against Prospect Mortgage, LLC, a major mortgage lender, for paying illegal kickbacks for mortgage business referrals. The CFPB also took […]
Categories: Contractor, Mortgage, Real Estate
Tags: bad lenders, cfbp, fines, kickbacks, real estate settlement procedures act, RESPA