Washington Federal
On October 9, 2013, the Bureau issued an order against Washington Federal, a bank headquartered in Seattle, Washington. The Bureau found that Washington Federal reported inaccurate data about its mortgage transactions for 2011, in violation of the Home Mortgage Disclosure Act (HMDA), its implementing regulation, Regulation C, and the Consumer Financial Protection Act of 2010. The order required Washington Federal to pay a $34,000 civil money penalty and develop and implement an effective compliance management system to prevent future violations.
On September 22, 2025, pursuant to the Bureau’s authority under 12 U.S.C. § 5563(b)(3) and under Paragraph 3 of Article XII of the order, the Bureau terminated the order. Washington Federal has fulfilled several obligations under the order, including, among other things, paying a civil money penalty of $34,000.
Related documents
Order Terminating the Consent Order
Press release
CFPB Takes Action Against Nonbank and Bank for Inaccurate Mortgage Loan Reporting