On Tuesday, the Consumer Financial Protection Bureau announced an enforcement action taken against Paymap Inc. for deceptive advertisement practices used to market a mortgage payment program.
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Deceptive Advertising Leads to CFPB Fines for Mortgage Lender
Under the terms of the RMK Financial Corporation consent order, RMK must pay a civil penalty of $250,000 in addition to halting the practices the CFPB found issue with.
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