Amerisave Mortgage Corp., Novo Appraisal Management Co., and Patrick Markert

CFPB took action against Amerisave Mortgage Corporation, its affiliate, Novo Appraisal Management Company, and the owner of both companies, Patrick Markert, for engaging in a deceptive bait-and-switch mortgage-lending scheme that harmed tens of thousands of consumers.

Related documents

Consent order

Stipulation

Press release

CFPB Orders Amerisave To Pay $19.3 Million For Bait-And-Switch Mortgage Scheme