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Colorado Mortgage Broker Barred from Making Deceptive Claims

March 28th, 2005 by Todd Carpenter · No Comments

This has been an ongoing story here in Colorado.

“A federal district court has barred a Colorado-based mortgage broker from making false claims about home mortgage financing services and ordered him to pay consumer redress following Federal Trade Commission charges that he violated federal laws. According to the FTC, the defendant and his company deceptively claimed they could refinance consumers’ mortgages at the lowest available rates at no cost to consumers.”

i-Newswire.com - Press Release And News Distribution - Colorado Mortgage Broker Barred from Making Deceptive Claims

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