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December 7, 2016

Posted  December 7, 2016

The CFPB issued orders against three reverse mortgage companies for deceptive advertisements, including claiming that consumers could not lose their homes. American Advisors Group, Reverse Mortgage Solutions, and Aegean Financial have been ordered to cease deceptive advertising practices, implement systems to ensure they are complying with all laws, and pay penalties.  CFPB

Tagged in: Housing and Mortgage Fraud,