Lender Cited for Do-Not-Call Violations

The Federal Communications Commission has cited a Southern California mortgage lender for violating the national do-not-call rules.In taking its first enforcement action under the new privacy rules, the federal regulator threatened to fine California Pacific Mortgage, Irvine, if it continues to make unwanted, intrusive calls. The FCC said it received several consumer complaints that CPM made telemarketing calls to telephone lines that are listed on the National Do-Not-Call Registry. The company did not dispute making such calls, according to the FCC. The FCC warned CPM that it would be fined up to $11,000 for each new violation or each day of a continuing violation. "Do Not Call enforcement is the FCC's top consumer protection priority and we, along with our partners at the Federal Trade Commission, will continue to be vigilant in this area on behalf of the American public," FCC enforcement chief David Solomon said. The mortgage company, which also goes by the name CPM Funding, did not return phone calls by MortgageWire's deadline.