Consumer Financial Protection v. 1st Alliance Lending, LLC et al

  1. February 27, 2024

    Conn. Mortgage Biz Rips 'Maximalist' CFPB Licensing Stance

    Shuttered East Hartford mortgage company 1st Alliance Lending LLC and its co-owners have argued a Connecticut federal court should throw out the U.S. Consumer Financial Protection Bureau's claims that they deceived borrowers by letting unlicensed consultants create and manage their loans, asserting that the agency's "maximalist position" goes beyond the law.

  2. January 31, 2024

    CFPB Says Mortgage Biz Can't Deny SAFE Act Claims

    The Consumer Financial Protection Bureau has asked a Connecticut federal judge to grant it an early win in a case against a now-shuttered mortgage company accused of violating the Secure and Fair Enforcement for Mortgage Licensing Act.

  3. April 01, 2022

    Mortgage Co. Can't Dodge CFPB's Deceptive Lending Claims

    A now-shuttered mortgage company must face the bulk of the Consumer Financial Protection Bureau's allegations it misled customers and allowed unlicensed employees to originate mortgages, according to an order filed Thursday in Connecticut federal court.

  4. January 15, 2021

    CFPB Accuses Mortgage Co. Of Lending, Consumer Violations

    The Consumer Financial Protection Bureau sued mortgage company 1st Alliance Lending in Connecticut federal court Friday for alleged violations of lending and consumer laws, including misleading consumers about whether they would qualify for refinances and not informing them of credit denials.