OCC Fines Bank $250 Million over Home Loss Mitigation Program and Violation of Prior Consent Order
By EsqSocial Corporation 24/09/21
The Office of the Comptroller of the Currency (OCC) recently announced a consent order requiring a large national bank to pay a $250 million fine, based on alleged flaws in the bank’s home loan loss mitigation program, and unsatisfactory compliance risk management and customer remediation required by a prior consent order issued by the OCC…...
By: Weiner Brodsky Kider PC