Expedited Ruling | 29 August 2016

  • Reverse mortgage home loan
  • Mortgage brokerage service and credit assistance
  • Disputed fee for service
Case summary

We issued an expedited ruling and found that the FSP was entitled to charge the consumer the disputed brokerage service fee of $605. 
We found that the fee was disclosed to the consumer and the FSP has not breached any laws by charging the fee. 

Follow this link for a full copy in PDF  Expedited Ruling | 29 August 2016