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CFPB Commands Bank of America to invest $several Mil to have Reporting Incorrect Home loan Investigation

CFPB Commands Bank of America to invest $several Mil to have Reporting Incorrect Home loan Investigation Enacted from inside the 1975, our home Mortgage Disclosure Act (HMDA) requires mortgage brokers so you can report factual statements about loan applications and you will originations to your CFPB or any other federal government Washington, D.C. An individual…