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On May 9, the Federal Reserve Board approved final amendments to its regulations to reflect the transfer of the Board's rulemaking authority for the Secure and Fair Enforcement for Mortgage Licensing Act.
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On May 9, the Federal Reserve Board approved final amendments to
its regulations to reflect the transfer of the Board's
rulemaking authority for the Secure and Fair Enforcement
for Mortgage Licensing Act (S.A.F.E. Act)
to the Consumer Financial Protection Bureau
(CFPB). Entities that were subject to the
Board's rules are now subject to the CFPB's rules. Press Release.
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