CFPB Takes Step Facing PHH Firm having Mortgage Insurance Kickbacks
Arizona, D.C. – Now, the user Financial Shelter Bureau (CFPB) initiated an administrative continuing up against PHH Firm and its affiliates (PHH), alleging PHH harmed consumers courtesy home financing insurance kickback program you to already been around 1995. The fresh new CFPB is seeking a civil okay, a long-term injunction to cease upcoming abuses, and victim restitution. Home loan insurance policy is normally called for on the loans when home owners use even more than…
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