Disparate impact fair housing: cases , The doj case against wells fargo over violation of the fair housing act is the second largest fair lending settlement in the doj’s history, after the lawsuit against countrywide financial. brokers at the country’s largest mortgage lender were found to have raised interest rates and broker fees for more than 30,000 minority customers. according to lending data, african-american customers in.
Cfpb lists 10 compliance violation trends | 2015-06-23, Here mortgage servicing violations cfpb : check report full list violations. 1. loss mitigation: regulation sets requirements soliciting, completing, evaluating loss mitigation applications. part requirements, servicers notify borrowers writing days receiving loss mitigation application acknowledging.
Third california lender fined loc violations, For time month mortgage company, process dissolution, charged violating loan originator compensation (loc) rule. consumer financial protection bureau (cfpb) ordered guarantee mortgage corporation, california mortgage bank, pay civil penalty $228,000 alleged infractions..
Loan officer indicted submitting fraudulent loan, Loan officer indicted submitting fraudulent loan applications. allison tussey — july 13, 2011 — 1 comment. robert hance, michigan resident loan officer bank, indicted charges conspired defraud bank obtain money false pretenses. specifically, straw buyers, paid fee, allegedly recruited serve.