July 15, 2024By Shannon ClarkCFPB Dives Into Gaps in HMDA Data ReportingThe bureau found increasing instances of inaccurate reporting under the Home Mortgage Disclosure Act. Two lenders also faced fines recently.
July 15, 2024By Shannon ClarkFifth Third to Pay $20 Million in Settlement With CFPBThe settlement resolves a new enforcement action against the bank for illegal auto loan activities as well as a 2020 lawsuit.
July 1, 2024By Shannon ClarkFreedom Agrees to $4 Million Settlement Over HMDA Case The nonbank lender has faced numerous actions from the CFPB since 2019 for alleged intentional misreporting of HMDA data.