Deceptive Mortgage Ads Targeted by New CFPB, FTC Initiative

Mortgages

Deceptive Mortgage Ads Targeted by New CFPB, FTC Initiative

Deceptive Mortgage Ads Targeted by New CFPB, FTC Initiative

The Consumer Financial Protection Bureau and the Federal Trade Commission are taking on deceptive mortgage advertising and marketing in the latest enforcement actions from the government agencies. Specifically, the two agencies worked together in a sweep of more than 800 mortgage ads to assess whether the ads violated the Mortgage Acts and Practices — Advertising… Read More

FTC Cracks Down on Robocall Fraud

Personal Finance

FTC Cracks Down on Robocall Fraud

FTC Cracks Down on Robocall Fraud

In the past several months, as many as a few million consumers nationwide have received automated phone calls from someone claiming to be “Rachel” from “Cardholder Services,” but the FTC recently cracked down on the companies responsible for this misleading telemarketing effort. These robocalls told consumers that they could receive significant cuts to their current credit… Read More

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