Mealey's Banking & Finance - Consumer Financial Protection Bureau Orders Amerisave To Pay $20.8 Million

IOWA CITY, Iowa - The Consumer Financial Protection Bureau on Aug. 12 found that Amerisave Mortgage Corp. and others violated the Truth In Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA), ordering them to pay $20,892,234 in penalties (In re In the Matter of: Amerisave Mortgage Corporation; Novo Appraisal Management Corp. and Patrick Markert, No. 2014-CFPB-0010, U.S. Consumer Financial Protection Bureau).

Access this news story on lexis.com®