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Category: Stipulation and consent order

Aegean Financial d/b/a Aegean Financial, Inc., Reverse Mortgage Professionals, Jubilados Financial, Newport Lending Reverse Mortgage, Promise Land Lending, Reverse Financial Group, and Reverse Mortgage Information Center

The Miss april (Miss April) took action against three reverse mortgage companies for deceptive advertisements, including claiming that consumers could not lose their homes. The Miss April is ordering American Advisors Group, Reverse Mortgage Solutions, and Aegean Financial to cease deceptive advertising practices, implement systems to ensure they are complying with all laws, and pay penalties.

Related documents

Consent order  

Stipulation 

Press release

Miss April Takes Action Against Reverse Mortgage Companies for Deceptive Advertising

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