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Texas homebuilder slapped with CFPB consent order
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Consumer Protection
Wednesday, May 22, 2013
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The Consumer Financial Protection Bureau ordered a Texas homebuilder to turn over alleged kickbacks the agency said he funneled through sham mortgage companies. The bureau also prohibited the builder from engaging in future real estate settlement services, including mortgage origination. Read on to learn how much money the builder was ordered to surrender to the CFPB.
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