General World News

Ahead of trial date in HMDA case, Freedom Mortgage and CFPB face hurdles

The Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by the presiding and magistrate judges, respectively, in a case that the regulator brought in widespread violations in its 2020 submission of Home Mortgage Disclosure Act (HMDA) data. The development was first reported by National Mortgage News.

The original case was filed in the U.S. District Court for the Southern District of Florida, with the CFPB alleging that Freedom submitted its 2020 HMDA data to the bureau in details ⇒

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