CFPB issues consent order against Washington Federal for HMDA reporting violations

Dec 9, 2020 |

The Consumer Financial Protection Bureau issued a consent order against Washington Federal Bank in October for Regulation C and Home Mortgage Disclosure Act violations. The bank will pay a $200,000 fine for reporting inaccurate HMDA data in 2016 and 2017 — with error rates up to 40% in some cases, according to the CFPB. The […more]

Posted in: San Francisco

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