Violation Tracker Individual Record
Company:Household Finance Corp.
Date:October 10, 2002
Offense Group:financial offenses
Primary Offense:mortgage abuses
Household Finance agreed to pay $484 million to settle multistate litigation alleging that its mortgage business misrepresented terms to borrowers and failed to disclose important information to them.
Level of Government:state
Action Type:agency action
Agency:Multistate Attorneys General Case
Civil or Criminal Case:civil
HQ Country of Parent:United Kingdom
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
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