Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated 50,000 mortgages per year during that period.
Source: Inman News
Lender slapped with $1.75M fine for bungling demographic data
Published in CFPB, Consumer Financial Protection Bureau, Freedom Mortgage, Industry News, lending, Mortgage, new jersey, News Brief and Regulations
More from CFPBMore posts in CFPB »
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- 2025 a banner year for mortgage deregulation and legislation
- What every real estate pro should know about kickback rules
- Outside lawyers, WSJ editorial board urge Trump not to fire Powell
More from Consumer Financial Protection BureauMore posts in Consumer Financial Protection Bureau »
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
- 2025 a banner year for mortgage deregulation and legislation
- What every real estate pro should know about kickback rules
More from Freedom MortgageMore posts in Freedom Mortgage »
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
- Mortgage trigger leads will be less crazy, but they ain’t going away
- Rocket to inherit Mr. Cooper’s customer satisfaction woes
- Ted Cruz aims to defund CFPB with implications for lender oversight
- First-timers ‘significantly’ less satisfied with mortgage lenders
More from Industry NewsMore posts in Industry News »
- Zillow defends private listing rule, criticizes Compass in new filing
- NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’
- Despite unease, Compass poised to retain most Anywhere agents
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Offerpad home sales, acquisitions hit new low in Q3 2025
More from lendingMore posts in lending »
More from MortgageMore posts in Mortgage »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
More from new jerseyMore posts in new jersey »
- Compass’s Buyer Demand tool: breakthrough or déjà vu?
- Which US cities are the most house poor? (And which are the least?)
- Before Compass: Lessons from Robert Reffkin’s leadership style
- What does Compass’ last big acquisition say about Anywhere?
- Better shares soar on bullish thesis by activist investor Eric Jackson
More from News BriefMore posts in News Brief »
- HUD shifts homeless policy away from providing permanent housing
- NAR scores a victory in buyer commission lawsuit
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Zillow hit with new class-action suit over alleged broker kickbacks
More from RegulationsMore posts in Regulations »
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- ALTA takes aim at seller impersonation fraud: What to know
- Mortgage giants ‘very close’ to accepting new FICO score
Be First to Comment