March, 2017
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Regulation B Proposal on Collecting Ethnicity and Race Information
On March 24th the Consumer Financial Protection Bureau (CFPB) issued a proposal to amend Regulation B with respect to collecting and retaining government monitoring information for mortgage applications.
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CFPB Issues Penalty for HMDA Violations
The Consumer Financial Protection Bureau (CFPB) issued a $1.75 million civil money penalty against Nationstar Mortgage LLC (Nationstar) for Home Mortgage Disclosure Act (HMDA) violations.
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CFPB Proposes to Delay Prepaid Accounts Rule
On March 9th the Consumer Financial Protection Bureau (CFPB) issued a proposed rule to delay the effective date of the prepaid accounts rule.