Freedom Mortgage Denied Dismissal Of CFPB’s Claims Of More Mortgage Violations

(May 15, 2024, 9:46 AM EDT) -- WEST PALM BEACH, Fla. — A federal judge in Florida denied a mortgage lender’s motion to dismiss a lawsuit by the Consumer Financial Protection Bureau (CFPB) alleging that the lender has continued to violate the Home Mortgage Disclosure Act (HMDA) by failing to make the necessary changes to halt its misreporting of data regarding borrowers; the lawsuit was filed several years after a 2019 consent order under which the lender paid a civil penalty for misreporting data and agreed to fix its reporting procedures....