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CFPB, Freedom Mortgage propose $3.95M penalty to resolve HMDA consent order
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Consumer Protection, Industry Regulation, Nonbank Financial
Tuesday, June 18, 2024
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The Consumer Financial Protection Bureau and Freedom Mortgage filed a stipulated final judgment and order to resolve a complaint the bureau filed in October. The joint proposal includes a $3.95 million penalty against Freedom Mortgage for allegedly violating the Home Mortgage Disclosure Act (HMDA) in violation of a 2019 consent order.
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