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Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

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Washington Federal Bank hit with HMDA penalty

The CFPB has announced it has settled with Washington Federal Bank, N.A., a federally insured national bank, and issued a consent order to address the Bureau’s finding that the bank reported inaccurate Home Mortgage Disclosure Act (HMDA) data about its mortgage transactions for 2016 and 2017. The settlement requires Washington Federal to pay a $200,000 civil money penalty and develop and implement an effective compliance-management system to prevent future violations.

The bank was previously issued a consent order in 2013 for HMDA filing violations. For additional information and a link to the consent order, see "Washington Federal Bank, NA pays HMDA penalty" in BankersOnline's penalty pages.

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