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Free Workshop - Build Your Action Plan For The New CDD Regulations (Boston, MA)  — You have until May of 2018 to create and implement your action plan to comply with the new CDD rules. Sound like a long time? It isn't! This FREE hands-on workshop will help prepare you for the new regulation. You'll come away with a to-do list to help your institution be prepared before the 2018 deadline. (Register here).

HSBC Bank USA, N.A. pays $32.5M for violating servicing order

The Office of the Comptroller of the Currency has issued HSBC Bank USA, N.A., McLean, Virginia, a consent order for a civil money penalty of $32.5 million for failing to make timely corrections to deficiencies identified in a 2011 consent order relating to the bank's mortgage servicing practices, and for failing to file payment change notices in compliance with bankruptcy rules. For additional information, see "OCC levies $32.5M CMP on HSBC Bank USA, N.A.," in our Penalties pages.

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