Items Tagged with 'NewDay Financial'


  • NewDay Financial banned from all lending in New York

    Widespread cheating on licensing exams leads to third major sanction against lender in 2015
    NewDay Financial, already punished this year by the Consumer Financial Protection Bureau for its business practices and by the Multi-State Mortgage Committee for widespread cheating on licensing exams, is now completely banned from lending in the state of New York due to that same cheating on licensing exams.
    Read More
  • CFPB takes action against NewDay Financial

    Lender pays $2M for deceptive mortgage advertising, kickbacks
    The Consumer Financial Protection Bureau continues to keep a tight watch over the industry. This time they took action NewDay Financial for deceptive mortgage advertising and kickbacks.
    Read More