The Consumer Financial Protection Bureau has entered into a settlement agreement with Freedom Mortgage Corp., one of the 10 largest Home Mortgage Disclosure Act (HMDA) reporters nationwide.
The bureau found the Mount Laurel, N.J.-based mortgage lender’s loan officers intentionally reported inaccurate race, ethnicity and sex information.
Read on for more details from the consent order, which was the fourth HMDA enforcement the bureau has issued.
TO READ THE FULL STORY
Cover Story: