Washington Federal Bank, N.A.
On October 27, 2020, the Bureau issued an order against Washington Federal Bank, N.A., a federally insured, for-profit national bank headquartered in Seattle, Washington. The Bureau found that Washington Federal reported inaccurate data about its mortgage transactions for 2016 and 2017, 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 $200,000 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 75 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 $200,000, and creating and implementing a compliance plan designed to ensure that its collection, recording, and reporting of HMDA data complies with applicable Federal consumer financial laws and the terms of the order.
Related documents
Order Terminating the Consent Order