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Kathleen Benway

FTC to Settle Charges of Deception with Marketer of Consumer Financial Products

February 6, 2020 By Kathleen Benway

A&B ABstract: The Federal Trade Commission (“FTC”) recently announced an administrative complaint and proposed settlement against a marketer of consumer financial products that highlights potential compliance issues with product and service reviews, particularly entities that provide “pay-to-play” rankings and ratings. Discussion: On February 3, 2020, the Federal Trade Commission (“FTC” or “Commission”) announced an administrative […]

Filed Under: Federal Trade Commission (FTC), Unfair, Deceptive and Abusive Acts or Practices (UDAAP) Tagged With: #lendedu.com, #paytoplay

FTC Announces Settlement with Mortgage Broker for Publishing Personal Information about Consumers

January 13, 2020 By Kathleen Benway

A&B ABstract: On January 7, 2020, the Federal Trade Commission (FTC) announced a complaint and settlement against California mortgage broker Mortgage Solutions FCS, doing business as Mount Diablo Lending, and its owner, Ramon Walker, (collectively, Mortgage Solutions).  The FTC’s complaint (Complaint) alleged that in response to negative Yelp reviews posted by applicants and customers, the […]

Filed Under: Fair Credit Reporting Act (FCRA), Federal Trade Commission (FTC), Gramm Leach Bliley Act (GLBA), Mortgage Loans, Unfair, Deceptive and Abusive Acts or Practices (UDAAP)

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