Interactive PDT: The Telemarketing Consumer Fraud and Abuse Prevention Act

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Privacy rights are a significant concern for mortgage professionals who are involved in the solicitation of mortgage loans. The Telemarketing Consumer Fraud and Abuse Prevention Act and the Telemarketing Sales Rule protect the privacy of borrowers, and violation of these rules can result in serious liability. Additionally, the Mortgage Assistance Relief Services Rule includes provisions related to solicitations of consumers, specifically as they relate to offering services for preventing foreclosure. This course reviews the privacy laws that protect borrowers when they receive a solicitation for a mortgage loan or other related services.

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