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Government cracks down on mortgage advertising

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The U.S. Consumer Financial Protection Bureau and Federal Trade Commission are cracking down on misleading mortgage ads, such as those that impersonate the federal government, or those in which large cash sums are promised, the Wall Street Journal reported. Federal agencies have noted that companies have added logos similar to those of the U.S. Department of Housing and Urban Development, and have even added phrases like “government loan department,” to their company’s return address, the [more]

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