There are dozens of credit score models generated by each credit bureau and unique to different industries like mortgagelenders and auto insurance providers.
Some property owners without flood insurance (which mortgagelenders require of most people living in flood-plains) will get relief from a federal disaster-loan programme.
The Department of Financial Services said the agreement also calls for restitution to homeowners hurt by force-placed insurance, which lenders obtain when the homeowners fail to maintain coverage required by the mortgage, often because they are in financial trouble.
The bank, along with most of the other major UK High Street lenders, has also been found culpable in recent years of mis-selling unnecessary payment protection insurance to mortgage borrowers, and overly complex, over-priced interest rate and currency hedges to small businesses.