Nationstar Mortgage LLC
Home Mortgage Disclosure Act (HMDA), Enforcement, Regulation C, Fair Lending, Data, Mortgages
In March 2017, the CFPB “announced it [was] fining Nationstar [Mortgage] $1.75 million for HMDA reporting violations.” The CFPB alleged that Nationstar “failed to maintain detailed HMDA data collection and validation procedures, and failed to implement adequate compliance procedures.” The fine was “the largest HMDA civil penalty ever imposed by the CFPB.”
Inactive or Resolved
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