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CFPB Fines Mortgage Company $20M For Pushing Customers Into Spending More Than They Had To

While a report earlier this year suggested that consumers don’t spend nearly enough time shopping for the right mortgage, that doesn’t mean lenders are off the hook for purposefully steering potential homeowners into costlier mortgages. Because doing so will land a company in hot water with federal regulators. Just ask RPM Mortgage and its top executive, […]

http://consumerist.com/2015/06/04/cfpb-fines-mortgage-company-20m-for-pushing-customers-into-spending-more-than-they-had-to/

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