home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map

twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

Privacy News and Privacy Policy
Stories about privacy regualtion, actions and issues. MortgageDaily.com's privacy policy.

Correspondent Lender Fined for Phone Calls

Florida fines Direct Mortgage Group

December 16, 2005

By MortgageDaily.com staff

Florida officials have taken legal action against a correspondent lender for telemarketing to prohibited phone numbers.

The Florida Department of Agriculture and Consumer Services recently announced that it filed a lawsuit against Direct Mortgage Group Inc. for violating the state's "Do Not Call" law.

Despite numerous warning letters to Direct, the department said the Melbourne, Fla.-based company made at least 16 phone calls to Florida residents on the state's "Do Not Cal" list between January and October of 2005.

"Consumers who join the program are entitled to be spared the intrusion of commercial telemarketing calls, and we're committed to seeing that their privacy is protected," said department commissioner Charles Bronson in the statement. "We advised this company to stop calling numbers on the list, but they disregarded our warnings."

Direct could not immediately be reached for comment.

The lawsuit filed in the Brevard County Circuit Court seeks an injunction prohibiting Direct from any future calls to residents on the list and fines of up to $10,000 for each of the calls it made to prohibited numbers, according to the announcement.

The potential $160,000 fine Direct faces would add to the $1.5 million plus the department says it has collected or obtained in judgments against companies that have called residents on the "Do Not Call" list.

The legal action follows the department's lawsuit announced this summer against Majestic Mortgage LLC, Boca Raton, Fla., also for "Do Not Call" violations.

Secondary Marketing News | Correspondent Lender Directory
Mortgage portfolio trades and forward commitments. Correspondent lending, r e p u r c h a s e s and warehouse news. Secondary marketing statistics and lawsuits.

Mortgage Lawsuits News | Mortgage Litigation Index
Mortgage industry lawsuit news and mortgage litigation coverage. Stories about legal settlements, judgments and mortgage class actions.

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders