primelenderblog.com » Shiva Venture Group Inc. http://primelenderblog.com Prime Lender Blog and News information Thu, 02 Jul 2009 02:46:36 +0000 http://wordpress.org/?v=2.6.2 en Mortgage Lenders Settle FTC Deception Charges http://primelenderblog.com/mortgage-lenders-settle-ftc-deception-charges.html http://primelenderblog.com/mortgage-lenders-settle-ftc-deception-charges.html#comments Tue, 13 Jan 2009 05:46:57 +0000 http://primelenderblog.com/?p=141 Three firms that deceptively advertised mortgages have settled civil charges filed by the Federal Trade Commission, the FTC said last week.

The FTC charged all three with violating the Truth in Lending Act and its Regulation Z by stating payment amounts but failing to clearly disclose the terms and the annual percentage rate.

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