2011 Mortgage Acts and Practices Advertising Rule

(FTC)

Regulators Ask Mortgage Marketers To Please Cut Down On The Lying In Their Ads

The 2011 Mortgage Acts and Practices Advertising Rule prohibit mortgage lenders and brokers from making misleading claims about government affiliation, interest rates, fees, costs, associated payments, and the amount of cash or credit available to the consumer. Shockingly, some folks just didn’t listen. [More]