Violation Tracker Individual Record

Company: 
Capital City Mortgage Corporation
Current Parent Company: 
Capital City Bank Group
Penalty: 
$750,000
Year: 
2005
Date: 
February 24, 2005
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Violation Description: 

A mortgage lender and servicer settled Federal Trade Commission allegations that it deceptively induced consumers into taking loans secured by their homes, overcharged borrowers, and, in some instances, caused consumers to lose their homes. The settlement permanently banned the defendant from future lending fraud and required it to pay consumer redress and other monetary relief totaling at least $750,000.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Federal Trade Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Florida
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.