CFPB Nails N.J. Title Co. For Illegal Kickbacks

The Consumer Financial Protection Bureau (CFPB) is taking action against a New Jersey title company for paying for illegal kickbacks and referrals. The CFPB ordered Stonebridge Title Services, Inc. to pay a civil penalty of $30,000, charging that Stonebridge paid commissions to more than 20 independent salespeople who referred title insurance business to Stonebridge and […]