Browsing Tag:Order

cfpb-enters-into-consent-order-with-reverse-mortgage-lender-and-dealer-finance-and-banking
The CFPB recently entered into a consentorder with Nationwide Equities Corporation (Nationwide),which the CFPB refers to as a mortgage broker and mortgage lenderthat primarily provides jumbo reverse mortgage loans and HomeEquity Conversion Mortgage Loans (HECMs). The CFPB asserts in theconsent order that Nationwide engaged in direct mail advertisingpractices that violated the Mortgage Acts andPractices—Advertising Rule (the "MAP Rule," alsoknown as Regulation...
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