.
Feedback

Regulators Warn Lenders and Mortgage Companies about Misleading Advertising

Regulating the advertising of mortgage products, always be aware and ask questions if it sounds too good to be true.

As I have shared many times, I am not a fan of over-regulations of anything, but we are presently stuck with Dodd-Frank and that is the way it is. 

OK, since we have these regulations and the Consumer Financial Protection Bureau, then do the job you were supposed to do. We have had laws in every state about misleading mortgage advertising, long before Dodd-Frank, that is supposed to protect veterans, the elderly and the consumer in general.

If their job is to protect the public, then why aren’t they stopping the scammers, instead of warning them? This agency was set up to stop such action, so if that is the responsibility, then do your jobs.

Regulators Warn on Misleading Ads Targeting Veterans, Older Americans

By: Jann Swansom

Newsletter & Alerts

Get the best stories each day and important breaking news

Subscribe

Not from Manchester Patch? Find your Local Patch »

Loading comments ...
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
Mrs. Lisa Bonanno, 6th grade Language Arts teacher at Assumption School, recognizes Hannah Mitchell, a seventh grade student who read eleven books from the Nutmeg lists.
Timothy Becker May 10, 2013 at 08:19 am
Assumption School offers an excellent education, with small class sizes. The environment isRead More welcoming for every child, and values that last a lifetime are taught. Students also make friends for life. I still hang out with my friends from the Assumption School class of 1966!
John Gollinger May 10, 2013 at 04:08 pm
Thank you.
Nutmegger May 10, 2013 at 03:06 pm
The Manchester Historical Society has a genealogy group that meets on (I believe) the second TuesdayRead More of every month. Contact info@manchesterhistory.org for details on how they can help you. Also, the Connecticut Society of Genealogists, Inc. regularly helps people with requests on their Facebook page. The CSG library is located right on Maple Ave. in East Hartford. Their website is csginc.org and their Facebook is at facebook.com/ConnecticutSocietyofGenealogists.