Tag Archives: consent orders

Mortgage Lender to Pay $250,000 for Deceptive Advertising

The Consumer Financial Protection Bureau (CFPB) has announced a consent order against RMK Financial Corporation, ordering it to pay a penalty of $250,000 for deceptive advertising. RMK is a  California-based mortgage lender doing business under the name Majestic Home Loans. According to the CFPB press release, RMK mailed print advertisements to more than 100,000 consumers in […]