CFPB Settles with Third Mortgage Company With Regards to Deceptive Advertisements

On August 21, 2020 the Consumer Financial Protection Bureau (CFPB) issued a consent order against California licensed mortgage broker and lender, Go Direct Lenders, Inc. Go Direct offers mortgages guaranteed by the United States Department of Veteran Affairs (VA). Go Direct’s primary means of advertising to servicemen and veterans through direct-mail advertisements. The CFPB found that Go Direct sent customers numerous mailers that contained false, misleading, or inaccurate information or lacked the required disclosures in violation of the Consumer Financial Protection Act among others. The order required Go Direct to pay a civil money penalty and forced requirements to prevent further violations.

Are you a victim of a similar fraudulent matter? Contact our office at 816-524-4949, or you can visit our website at to see what our attorneys can assist you with.

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