FTC Issues New Rule Strengthening Consumer Protections Against Deceptive Mortgage Advertisements

WASHINGTON, D.C. – July 20, 2011 – (RealEstateRama) — A new Federal Trade Commission Rule will strengthen consumer protections by banning deceptive claims about consumer mortgages in advertising or other types of commercial communications. The Rule is designed to create a level playing field for legitimate businesses to compete in the marketplace.