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CFPB Continues Focus on Mortgage Lender Advertising

Last week, the CFPB announced an enforcement action against RMK Financial Corporation d/b/a Majestic Home Loans (RMK) related to deceptive mortgage advertising practices....more

CFPB goes after another mortgage modification business

The CFPB announced that on December 3, 2012, it filed a second action in the U.S. District Court for the Central District of California seeking to shut down an alleged mortgage modification scam....more

CFPB and FTC Warn Mortgage Companies about Potentially Misleading Advertisements

On November 19, the CFPB announced that it issued warning letters to about a dozen nonbank mortgage lenders and brokers regarding advertisements targeted towards older Americans and veterans that may violate the Mortgage Acts...more

Mortgage Banking Update - May 24, 2012

In This Issue: - U.S. Supreme Court Unanimously Rejects HUD’s Position on Markups - MERS Has Power To Assign Interest in Deed of Trust, California Appeals Court Rules - How Prepared Are You for AML Compliance? -...more

Telecommunications Alert: D.C. Circuit Upholds FCC's Expansive Reading of Its Authority To Ban Exclusive Cable Contracts with MDUs

The U.S. Court of Appeals for the D.C. Circuit, in an opinion authored by Judge David Tatel and issued earlier this week, upheld a 2007 FCC order barring cable operators from entering into exclusive contracts with owners of...more

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