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Willamette Valley Bank pays $275K for violations

Salem, OR
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Willamette Valley Bank was ordered to pay $275,000 in civil money penalties for violations of RESPA and Regulation X, by agreeing to pay and accept fees for the referral of mortgage loan business; and for violations of the Telephone Consumer Protection Act and 47 CFR 64.1200, because the bank place telemarketing calls to consumers on the Do-Not-Call registry and used an automated dialing system to send pre-recorded or text messages to consumers' cellular phones.

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