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#1670586 - 02/28/12 04:57 PM Mortgage Advertisment
cbailey Offline
Member
Joined: Jan 2004
Posts: 67
I am reviewing an ad for the mortgage department. The following line is my concern. "Call for a no-obligation mortgage consultation" Would this be considered misleading?

226.24(i) (6) Misleading use of the term "counselor". Using the term "counselor" in an advertisement to refer to a for-profit mortgage broker or mortgage creditor, its employees, or persons working for the broker or creditor that are involved in offering, originating or selling mortgages.

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Lending Compliance
#1670890 - 02/29/12 03:06 AM Re: Mortgage Advertisment cbailey
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,224
Galveston, TX
IMHO - yes
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#1671152 - 02/29/12 04:11 PM Re: Mortgage Advertisment cbailey
cbailey Offline
Member
Joined: Jan 2004
Posts: 67
IMHO?

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#1671238 - 02/29/12 05:10 PM Re: Mortgage Advertisment cbailey
Chance Offline
Junior Member
Chance
Joined: May 2009
Posts: 38
Where it never rains!
In my humble opinion

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