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Home » Store » News » CFPB Targets Lender for Falsely Suggesting FHA, VA Backing

CFPB Targets Lender for Falsely Suggesting FHA, VA Backing

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Last week, the Consumer Financial Protection Bureau brought an enforcement action against RMK Financial Corp., an FHA/VA lender based in Rancho Cucamonga, CA, for allegedly using deceptive mortgage advertising practices, including the use of ads that led consumers to believe that the company was affiliated with the U.S. government. The bureau alleged that RMK, also known as Majestic Home Loans, used the names and logos of the Department of Veterans Affairs and ...
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