Author archive: Holly Petraeus and Skip Humphrey

Buyer beware – Potentially deceptive mortgage ads are targeting veterans and older Americans

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Today, along with the Federal Trade Commission (FTC), our Office of Enforcement sent letters to a number of lenders concerning potential violations of the Mortgage Acts and Practices – Advertising (MAP) Rule, a new rule that took effect in August 2011. The MAP Rule addresses claims and statements in mortgage advertising that may be misleading [...]

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