Posted By: cbailey
Mortgage Advertisment - 02/28/12 04:57 PM
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.
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.