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Enforcement actions

When we take an enforcement action against an entity or person we believe has violated the law, we will post court documents and other related materials here.

The Bureau may enforce the law by filing an action in federal district court or by initiating an administrative adjudication proceeding. Administrative proceedings are conducted by an Administrative Law Judge, who holds hearings and issues a recommended decision. Proceedings are conducted in accordance with the Rules of Practice for Adjudication Proceedings .

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55 filtered results
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Sovereign Lending Group, Inc.

On July 24, 2020, the Consumer Financial Protection Bureau issued a consent order against Sovereign Lending Group, Inc. (Sovereign), a California corporation that is licensed as a mortgage broker or lender in about 44 states and the District of Columbia. The Bureau found that Sovereign violated the CFPA’s prohibition against deceptive acts and practices, the MAP Rule, and Regulation Z.

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Prime Choice Funding, Inc.

On July 24, 2020, the Consumer Financial Protection Bureau issued a consent order against Prime Choice Funding, Inc. (Prime Choice), a California corporation that is licensed as a mortgage broker or lender in about 35 states and the District of Columbia. The Bureau found that Prime Choice violated the CFPA’s prohibition against deceptive acts and practices, the MAP Rule, and Regulation Z.

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Certified Forensic Loan Auditors, LLC, Andrew Lehman, and Michael Carrigan

On September 6, 2019, the Consumer Financial Protection Bureau filed a complaint in federal court in the Central District of California against Certified Forensic Loan Auditors, LLC, Andrew Lehman, and Michael Carrigan, along with a proposed stipulated final judgment against Michael Carrigan.

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Freedom Mortgage Corporation

The Consumer Financial Protection Bureau (Bureau) today announced a settlement with Freedom Mortgage Corporation (Freedom), one of the ten largest Home Mortgage Disclosure Act (HMDA) reporters nationwide.

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Nationstar Mortgage LLC

The Consumer Financial Protection Bureau (CFPB) took action against Nationstar Mortgage for flawed mortgage loan reporting.

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American Advisors Group

The Consumer Financial Protection Bureau (CFPB) took action against American Advisors Group for deceptive advertisements, including claiming that consumers could not lose their homes.

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David Eghbali

The CFPB took action against a former Wells Fargo employee for an illegal mortgage-fee-shifting scheme.

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Hudson City Savings Bank, F.S.B.

The Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) announced a joint action against Hudson City Savings Bank for discriminatory redlining practices that denied residents in majority-Black-and-Hispanic neighborhoods fair access to mortgage loans. 

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Residential Credit Solutions, Inc.

CFPB took action against Residential Credit Solutions, Inc. for blocking consumers’ attempts to save their homes from foreclosure.

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Paymap, Inc.

CFPB took action today against Paymap Inc. and LoanCare, LLC for deceiving consumers with advertisements for a mortgage payment program that promised tens of thousands of dollars in interest savings from more frequent mortgage payments.

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LoanCare LLC.

CFPB took action today against Paymap Inc. and LoanCare, LLC for deceiving consumers with advertisements for a mortgage payment program that promised tens of thousands of dollars in interest savings from more frequent mortgage payments.

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Guarantee Mortgage Corporation

CFPB ordered a California mortgage bank, Guarantee Mortgage Corporation, to pay a civil penalty of $228,000 for paying its branch managers based, in part, on the interest rates of the loans they closed.

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RPM Mortgage, Inc. and Erwin Robert Hirt

The Consumer Financial Protection Bureau (CFPB) filed a complaint in federal district court against RPM Mortgage, Inc. and its CEO, Erwin Robert Hirt, for illegally paying bonuses and higher commissions to loan originators to incentivize them to steer consumers into costlier mortgages. 

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Provident Funding Associates, L.P.

The Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) filed a joint complaint against Provident Funding Associates for charging higher broker fees on mortgage loans to African-American and Hispanic borrowers. 

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Nationwide Biweekly Administration, Inc., Loan Payment Administration LLC, and Daniel S. Lipsky

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal district court against Nationwide Biweekly Administration, Inc., Loan Payment Administration LLC, and the companies’ owner, Daniel Lipsky, alleging that Nationwide misrepresents the interest savings consumers will achieve through a biweekly mortgage payment program and misleads consumers about the cost of the program. 

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Green Tree Servicing, LLC

The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) took action against Green Tree Servicing, LLC, for mistreating mortgage borrowers who were trying to save their homes from foreclosure. 

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R M K Financial Corporation d/b/a Majestic Home Loans

CFPB took action against RMK Financial Corporation for deceptive mortgage advertising practices, including ads that led consumers to believe that the company was affiliated with the U.S. government.

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American Preferred Lending, Inc.

CFPB took action against three reverse mortgage lenders, All Financial Services, Flagship Financial Group and American Preferred Lending, for misleading consumers with advertisements implying U.S. government approval of their products.

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Flagship Financial Group, LLC

CFPB took action against three reverse mortgage lenders, All Financial Services, Flagship Financial Group and American Preferred Lending, for misleading consumers with advertisements implying U.S. government approval of their products.

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All Financial Services, LLC

The Consumer Financial Protection Bureau (CFPB) took action against three reverse mortgage lenders, All Financial Services, Flagship Financial Group and American Preferred Lending for misleading consumers with advertisements implying U.S. government approval of their products. 

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