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Other Non-Mortgage Regulation
» CFPB Fines Firm for Violation of Remittance Rule
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CFPB Fines Firm for Violation of Remittance Rule
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Other Non-Mortgage Regulation
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The CFPB recently fined Texas-based Maxitransfers Corp. $500,000 for violations of the Remittance Transfer Rule. This is the bureau’s first enforcement action under the Electronic Fund Transfer Act.
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