Mortgages

The FTC enforces laws that protect consumers from deceptive mortgage practices by certain kinds of lenders.  The FTC also takes action when companies use illegal tactics directed to people facing foreclosure.  If your company is within the jurisdiction of the FTC, are you complying with the law?

Housing Counselors: How to Help People Avoid Reverse Mortgage Missteps [PDF]

Many older homeowners are considering reverse mortgages, but some unscrupulous lenders mislead people about the key features. Learn how you can spot and report deceptive practices related to reverse mortgages.

Mortgage Assistance Relief Services Rule: A Compliance Guide for Business [PDF]

The Mortgage Assistance Relief Services (MARS) Rule makes it illegal to charge upfront fees and requires specific disclosures in ads and when you forward a lender’s offer to a homeowner. Are you covered by the Rule? Are you up on your compliance obligations?

Mortgage Assistance Relief Services Rule: A Compliance Guide for Lawyers [PDF]

The Mortgage Assistance Relief Services (MARS) Rule includes specific provisions that address attorneys’ obligations. Learn more about activities that fall within the scope of the rule and how to make sure you're in compliance.