CFPB acknowledges “Responsible Conduct” in consent agreement with 1st Alliance Lending

EAST HARTFORD, Conn., Feb. 24, 2013 – On Thursday, February 20, 2014, 1st Alliance Lending, LLC and the Consumer Financial Protection Bureau entered into a voluntary Consent Order which resolves a self-reported, unintentional violation of the Real Estate Settlement Procedures Act (RESPA) discovered and disclosed to executive management in October 2012.