Tag Archives: cms

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 […]