Reverse Mortgage Solutions, Inc. d/b/a Security 1 Lending
Enforcement, Reverse Mortgages, Mortgage Origination, Mortgages
The CFPB fined American Advisors Group, Reverse Mortgage Solutions, and Aegean Financial nearly $800,000 for “using deceptive advertisements to sell reverse mortgages” by “promot[ing] the loans as essentially risk-free.” The CFPB fined American Advisors Group $400,000, Reverse Mortgage Solutions $325,000 and Aegean Financial $65,000.
Inactive or Resolved
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