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The Consumer Financial Protection Bureau and Federal Trade Commission Monday handed down more than 30 warning letters to mortgage lenders, mortgage brokers, real estate agents, home builders and others, warning them to clean up misleading advertisements targeted toward veterans and seniors. The recipients are accused of violating the 2011 Mortgage Acts and Practices Advertising Rule, which prohibits misleading claims concerning government affiliation, interest rates, fees, costs, payments associated with the loan, and the amount of cash or credit available to the consumer.

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