Expedited Ruling - 29 August 2016

Key issues: 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