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Company: Home Loan Center, Inc.
Current Parent Company:
LendingTree
Parent at the Time of the Penalty Announcement:
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Penalty: $1,150,000
Year: 2010
Date: October 29, 2010
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Home Loan Center, Inc. agreed to pay $1.15 million in settlement of allegations of deceptive advertising of mortgage loans.
Level of Government: state
Action Type: agency action
Agency: Arizona Attorney General
Civil or Criminal Case: civil
Facility State: Arizona
HQ Country of Current Parent: USA
HQ State of Current Parent: North Carolina
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: online loans
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.