blog.onlineed.com
Realty Firm to Pay $500,000 for Disclosure Violations Suggesting Buyers Use a Specific Title/Closing Company - Blog OnlineEd
(Jeff Sorg, OnlineEd) The Consumer Financial Protection Bureau (CFPB) recently ordered RealtySouth, the largest real estate firm in Alabama, to pay $500,000 for inadequate disclosures that could leave consumers unaware of their rights to choose service providers during the home-buying process. The practices identified by the CFPB’s investigation illegally benefited TitleSouth LLC, an affiliated company owned …