Lessons From Record-Breaking Do-Not-Call Penalty

Law360, New York (August 08, 2013, 12:46 PM ET) -- Advertising mortgage loans can be a tricky business, especially for companies not familiar with the myriad of complex federal laws that govern such advertising. One of the nation’s leading refinancers of veteran’s home loans learned that the hard way. Mortgage Investors Corporation will pay a $7.5 million civil penalty, the largest fine the Federal Trade Commission has ever collected for allegedly violating Do-Not-Call provisions of the agency's Telemarketing Sales Rule, 16 CFR 310.

In addition to the precedent-setting fine, this case also represents the first action...
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