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Sovereign Lending Group, Inc.

CFPB Enforcement · 2020-07-24

Action

Party
Sovereign Lending Group, Inc.
Date filed
2020-07-24
CFPB page
https://www.consumerfinance.gov/enforcement/actions/sovereign-lending-group-inc/

Description

On July 24, 2020, the Consumer Financial Protection Bureau issued a consent order against Sovereign Lending Group, Inc. (Sovereign), a California corporation that is licensed as a mortgage broker or lender in about 44 states and the District of Columbia. The Bureau found that Sovereign violated the CFPA’s prohibition against deceptive acts and practices, the MAP Rule, and Regulation Z.

Source

Authoritative
CFPB Enforcement Actions
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