CFPB v. RPM Mortgage
The Consumer Financial Protection Bureau (CFPB) took legal action against RPM Mortgage.
The company broke the law by rewarding loan officers for steering consumers into more expensive mortgages with higher interest rates. Affected Consumers will receive a prorated portion of the overage that was generated on the loan they closed with RPM.
Victim compensation
The CFPB contracted with Epiq Systems, Inc. to administer payments for this case and to answer questions from consumers. This matter is now closed.
For more information on this closed case, contact us at Consumer Financial Protection Bureau, Attn: OCFO RPM Mortgage, 1700 G Street NW, Washington DC 20552.
Important dates
March 30, 2017 – October 31, 2018: Distribution