Andrea Mitchell Quoted in Inside Mortgage Finance Article, "Sidestep Common Pitfalls to Avoid UDAAP Enforcement Actions"Andrea K. Mitchell
Andrea Mitchell was quoted in the Inside Mortgage Finance article, "Sidestep Common Pitfalls to Avoid UDAPP Enforcement Actions," on November 10, 2014.
Andrea Mitchell, a partner with the Buckley Sandler law firm, told attendees at an Inside Mortgage Finance webinar last week that there are a number of representations lenders should stay away from in their marketing pitches.
“Say what you mean and mean what you say,” Mitchell said. She then rattled off a list of potentially problematic terms to avoid, such as “free” or “no cost,” “best rates available,” “fastest” or “faster than,” “improve/repair your credit” or “eliminate your debt,” and “EZ” or “easy.”