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Violation Tracker Individual Record

Company: RMK Financial Corporation
Penalty: $250,000
Year: 2015
Date: April 9, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: mortgage abuses
Violation Description: The Consumer Financial Protection Bureau took action against RMK Financial Corporation for allegedly deceptive mortgage advertising practices, including ads that led consumers to believe that the company was affiliated with the U.S. government. The CFPB ordered RMK to end its illegal and deceptive practices and pay a civil penalty of $250,000.
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.