FTC issues $7.5 M fine for Do Not Call violations

Published June 27, 2013 1:01pm ET



WASHINGTON (AP) — A mortgage broker accused of trying to dupe veterans and active military has been fined $7.5 million by the Federal Trade Commission.

The commission says Mortgage Investors Corporation, a leading refinancer of veterans’ home loans, agreed to the civil penalty after being accused of placing more than 5 million telemarketing calls to numbers on the national Do Not Call registry.

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