{"id":86633,"date":"2023-11-29T01:36:17","date_gmt":"2023-11-29T06:36:17","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86633"},"modified":"2023-11-29T01:52:20","modified_gmt":"2023-11-29T06:52:20","slug":"bank-of-america-fined-12-million-for-mortgage-disclosure-violations-by-federal-watchdog","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2023\/bank-of-america-fined-12-million-for-mortgage-disclosure-violations-by-federal-watchdog.html","title":{"rendered":"Bank of America fined $12 million for mortgage disclosure violations by federal watchdog"},"content":{"rendered":"\n<p>(CNBC) The <a href=\"https:\/\/www.cnbc.com\/2023\/10\/03\/cfpb-supreme-court-case-may-gut-the-agency.html\">Consumer Financial Protection Bureau<\/a> on Tuesday fined <a href=\"https:\/\/www.cnbc.com\/quotes\/BAC\/\">Bank of America<\/a> $12 million for reporting false mortgage lending data to the federal government. \u201cBank of America violated a federal law that thousands of mortgage lenders have routinely followed for decades,\u201d CFPB director <a href=\"https:\/\/www.cnbc.com\/2023\/11\/20\/cfpb-fines-toyota-financing-arm-for-60-million-for-car-loan-scam.html\">Rohit Chopra<\/a> said in a statement. \u201cIt is illegal to report false information to federal regulators, and we will be taking additional steps to ensure that Bank of America stops breaking the law.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/11\/28\/cfpb-fines-bank-of-america-12-million-for-mortgage-violations.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The Consumer Financial Protection Bureau on Tuesday fined Bank of America $12 million for reporting false mortgage lending data to the federal government. \u201cBank of America violated a federal law that thousands of mortgage lenders have routinely followed for [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86633","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86633"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86633\/revisions"}],"predecessor-version":[{"id":86634,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86633\/revisions\/86634"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}