Mortgages

Amerisave To Pay $19.3 Million

CFPB Orders Amerisave To Pay $19.3 Million For Bait-And-Switch Mortgage Scheme Owner Patrick Markert to Pay Additional $1.5 Million for Deceiving Consumers WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against Amerisave Mortgage Corporation, its affiliate, Novo Appraisal Management Company, and the owner of both companies, Patrick Markert, for engaging in a deceptive bait-and-switch mortgage-lending scheme that harmed tens of thousands of consumers. The Bureau...