The Commission vote to authorize staff to file the complaint and proposed stipulated final order was The documents were filed in the U. District Court for the Eastern District of Texas. Including the case announced today, the Commission has brought 23 actions in the past decade alleging deceptive or unfair practices by mortgage brokers, lenders, and servicers.
Consumers who have changed their address recently may provide updated contact information by calling the hotline. The complaint is not a finding or ruling that the defendants have actually violated the law.
The stipulated final order is for settlement purposes only and does not constitute an admission by the defendants of a law violation. A stipulated final order requires approval by the court and has the force of law when signed by the judge. The Federal Trade Commission works for consumers to prevent fraudulent, deceptive, and unfair business practices and to provide information to help spot, stop, and avoid them.
The FTC enters complaints into Consumer Sentinel, a secure, online database available to more than 1, civil and criminal law enforcement agencies in the U. The FTC's Web site provides free information on a variety of consumer topics. You are here. Harness the power of your relationships with RelSci, the powerful platform for identifying relationship-driven business opportunities and connections that can propel your career forward.
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