FTC Wins Huge $7.5 Million Penalty Against "Do Not Call" List Violator

coondoggie writes "The Federal Trade Commission today said it has won a $7.5 million civil penalty – the largest ever — against Mortgage Investors Corporation, one of the nation's biggest refinancers of veterans' home loans for allegedly violating 'Do Not Call' requirements. According to the FTC’s complaint, Mortgage Investors Corporation called consumers on the Federal Trade Commission’s National Do Not Call Registry, failed to remove consumers from its company call list upon demand, and misstated the terms of available loan products during telemarketing calls."