The penalty stems from claims the bank failed to ask legally required questions about the race, ethnicity, and sex of mortgage applicants.
Source: https://www.theepochtimes.com/article/b ... pb-5537642
Bank of America to Pay $12 Million Fine Over Inaccurate Mortgage Data: CFPB
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Bank of America to Pay $12 Million Fine Over Inaccurate Mortgage Data: CFPB
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