Deceptive Use Of Federal Government Insignia Lands Lender In Hot Water

KPIX-TV Channel 5 in San Francisco reports:

• "The Monterey County District Attorney's office ordered the mortgage company Lending First Home Loans, Inc. to pay $15,000 in civil penalties for charges relating to fraudulent loan advertising, according to the district attorney's office. The company may be subject to a permanent injunction, as it reportedly sent unsolicited fliers featuring federal government insignia to Monterey County residents even though the company offered only private loans. [...] The civil suit that resulted from the investigation alleges that Lending Home Loans, Inc. illegally deceived consumers by withholding that the loan promotion was not government sponsored or endorsed."

For more, see Monterey: Mortgage Company Ordered To Pay $15,000 In Fraud Lawsuit.