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#2277736 - 11/08/22 10:16 PM Marketing compliance training
Tracey Offline
New Poster
Joined: Jan 2022
Posts: 6
Hi everyone,
I am working on a training program regarding marketing compliance, and I am looking for some really good examples of good marketing vs. bad marketing in regard to UDAAP. Anyone have any they are willing to share? I would appreciate it.

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Marketing
#2277742 - 11/08/22 11:17 PM Re: Marketing compliance training Tracey
Andy_Z Offline
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Andy_Z
Joined: Oct 2000
Posts: 27,748
On the Net
2004 FTC v. Chase Financial Funding, Inc.
2022 Magnolia Bank, Magnolia, KY, FDIC-20-0138k
2020 the CFPB hit 9 mortgage advertisers for a variety of bad ads
1. Sovereign Lending Group, Inc. -- $460,000, July 24, 2020
2. Prime Choice Funding, Inc. -- $645,000, July 24, 2020
3. Go Direct Lenders, Inc. -- $150,000 August 21, 2020
4. PHLoans.com, Inc. -- $260,000, August 26, 2020
5. Service 1st Mortgage, Inc. -- $230,000, August 27, 2020
6. Hypotec, Inc -- $50,000, August 27, 2020
7. Accelerate Mortgage, LLC -- $225,000, August 27, 2020
8. ClearPath Lending, Inc. -- $625,000, September 10, 2020
9. Low VA Rate LLC, -- $1,800,000, October 23, 2020

2018 Village Capital and Investment LLC - https://www.consumerfinance.gov/documents/7034/bcfp_village-capital_complaint_2018-12.pdf
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AndyZ CRCM
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R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

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#2277749 - 11/09/22 12:48 PM Re: Marketing compliance training Andy_Z
Tracey Offline
New Poster
Joined: Jan 2022
Posts: 6
Thank you so much Andy!

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#2277773 - 11/09/22 06:35 PM Re: Marketing compliance training Tracey
Monster Offline
Platinum Poster
Joined: Sep 2015
Posts: 500
Hey Tracey, I worked on something many moons ago that I used to use for advertising training, and it had some specific examples of UDAP/UDAAP included (but the recent examples Andy provided are likely more relevant), including sample ads. Please feel free to send me a private message and I can send you the info if you'd like.

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