Data Facts wants to be your resource for important industry information, which is why we periodically share breaking news in addition to our regular blog posts. This article originally appeared on the National Professional Mortgage Magazine website and was written by Phil Hall.
The Consumer Financial Protection Bureau (CFPB) and a coalition of attorneys general from 48 states, the District of Columbia, and the Commonwealth of Puerto Rico has reached
a $700 million settlement
with Equifax stemming from the 2017 data breach of the Atlanta-headquartered consumer credit reporting company.