The government has proposed a 770-thousand-dollar fine against a mortgage company for allegedly calling people who put their telephone numbers on the federal do-not-call registry.
The Federal Communications Commission says the penalty against
Phoenix-based Dynasty Mortgage was the first imposed. The registry
is designed to curb telemarketing abuse.
The F-C-C cited Dynasty Mortgage for 70 alleged violations. A maximum fine of eleven-thousand dollars was imposed for each violation because the company allegedly continued to make telemarketing calls after receiving a warning from the F-C-C.
Dynasty Mortgage has 30 days to pay or file an appeal. The company's president says he's confident the fine will be reversed.