§ 50152 Mortgage Violation Reporting Requirements

• •The boss in charge has to tell a big national system about any rule-breaking in mortgage stuff.
• •They also have to share what punishments were given for breaking the rules.
• •This info has to be shared if it's something the public can already know about.

A bank keeps giving loans to people who can't pay them back.

The boss finds out and has to report this bad behavior to a big national system. They also have to say what punishment the bank got, like a fine, if that info is public.