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Consumer Financial Protection Bureau Warns Financial Institutions About Potential Mortgage Lending Reporting Failures

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CFPB Puts 44 Mortgage Lenders and Brokers on Notice That They May Be Required to Report Mortgage Data

WASHINGTON, D.C. –(ENEWSPF)–October 27, 2016.  Today the Consumer Financial Protection Bureau (CFPB) is issuing warning letters to 44 mortgage lenders and mortgage brokers. The Bureau has information that appears to show they may be required to collect, record, and report data about their housing-related lending activity, and that they may be in violation of those requirements.

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