CFPB Settles Mortgage Scheme Claims Against Atty, Others

By Dani Kass (May 5, 2015, 6:25 PM EDT) -- A Florida law firm owner and two management service company executives agreed Tuesday to nearly $12 million each in suspended judgments to settle the Consumer Financial Protection Bureau's claim that the firm collected more than $5 million in illegal fees by recruiting homeowners into "mass-joinder" lawsuits against mortgage lenders....

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