CFPB v. Genuine Title, LLC, et al
The Consumer Financial Protection Bureau, or CFPB, and the Maryland Attorney General took action against the participants in a mortgage-kickback scheme.
In the complaint, the CFPB and Maryland allege that Genuine Title’s executives and the named loan officers traded cash and marketing services in exchange for referrals of business from those loan officers. This is a kickback that broke federal law.
Victim compensation
The CFPB contracted with RUST Consulting to administer victim payments. This matter is now closed.
Payments and check reissue requests are no longer being honored. For more information on this closed case, contact us at Consumer Financial Protection Bureau, Attn: OCFO, Genuine Title 2, 1700 G Street NW, Washington DC 20552.
Important dates
May 15, 2017 – November 11, 2018: Distribution