AFN Responds To Press Release

BREA, Calif., April 25, 2017 /PRNewswire/ -- American Financial Network, Inc. ("AFN"), NMLS # 237341, recently settled a complaint filed with the U.S. Department of Housing and Urban Development ("HUD").   Neither AFN's investigation nor HUD's investigation uncovered any wrongdoing on the part of our branch, our loan officer, or the builder.  While all the allegations were unsubstantiated, AFN and the complainant settled for an amount equal to a small earnest money deposit.  The complainant was interested in a quick resolution, and AFN believes its decision to settle was in the best interests of all parties.  AFN is an Equal Opportunity Lender and is committed to treating all consumers and prospective consumers consistently, equally, and in full compliance with all fair lending laws.

SOURCE American Financial Network