CFPB Takes Action Against NewDay Financial for Deceptive Mortgage Advertising and Kickbacks

The CFPB has taken another action against – NewDay Financial, LLC  – for deceptive mortgage advertising and kickbacks.   In short, NewDay deceived consumers about a veterans’ organization’s endorsement of NewDay products and also participated in a scheme to pay kickbacks for customer referrals.    The CFPB has fined NewDay a $2 million civil money penalty for its actions. Click here…