Tag Archives: hmda training

Freedom Mortgage Corp. to Pay $1.75 Million Penalty

CFPB settles with Freedom Mortgage Corporation By Jeff Sorg, OnlineEd Blog (June 5, 2019) (WASHINGTON, D.C.) CFPB – The Consumer Financial Protection Bureau (Bureau) today announced a settlement with Freedom Mortgage Corporation (Freedom), one of the ten largest Home Mortgage Disclosure Act (HMDA) reporters nationwide. Freedom is a mortgage lender with its principal place of business […]

CFPB Takes Action Against Banks and NonBanks for Inaccurate Mortgage Loan Reporting

(CFBP – Washington, D.C.) –  Today the Consumer Financial Protection Bureau (CFPB) ordered Mortgage Master, Inc. and Washington Federal to pay civil penalties for violating the Home Mortgage Disclosure Act (HMDA), which requires certain mortgage lenders to accurately collect and report data about home mortgage loans. Mortgage Master will pay $425,000 and Washington Federal will […]