Tag Archives: Castle & Cooke Mortgage

Castle & Cooke Mortgage, LLC, an independent mortgage lender with 44 locations across the United States, recently announced the expansion of its footprint in Utah with the opening of its ninth branch in North Salt Lake.

The Consumer Financial Protection Bureau (CFPB) has investigated Castle & Cooke Mortgage, LLC, and on Thursday, announced a proposed consent order in its enforcement action. Castle & Cooke allegedly steered consumers into mortgages that were unnecessarily costly, and paid loan officers illegal quarterly bonuses based on the interest rate of the loans they offered to borrowers.