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  • JOIN
  • NEWS
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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 to read more:

 

Category: CFPB, Industry NewsFebruary 13, 2015

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News Categories
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DIRECT FROM THE BOARD
  • NAILTA Asks Kentucky Legislature to Protect Small Business Owners in Proposed E-Notary Legislation
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NAILTA BLOG
  • First American Data Leak: What Happened? What Next?
    May 28, 2019
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ANNOUNCEMENTS
  • House Passes Mortgage Choice Act (Again); Proponents Cite “One-Stop Shopping” Myth as Reason
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  • House Passes TRID Improvement Act; Aims to Improve Disclosure of Title Insurance Premiums to Consumers
    February 15, 2018
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