Regulation B definition

Regulation B means the federal regulations governing the Equal Credit Opportunity Act as it appears in Title 12, Code of Federal Regulations, Part 202.

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Regulation B means Regulation B of the Board of Governors of the Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time.

Regulation B means the regulations heretofore or hereafter issued by the Consumer Financial Protection Bureau pursuant to ECOA.

Examples of Regulation B in a sentence

No portion of the proceeds of any Credit Extension shall be used in any manner that causes such Credit Extension or the application of such proceeds to violate Regulation T or Regulation U of the Board of Governors of the Federal Reserve System, Regulation B, Regulation X or Regulation Z of the Consumer Financial Protection Bureau or any other regulation thereof or to violate the Exchange Act.
Client’s rights under the foregoing Warranty are expressly conditioned upon each respective Client’s periodic revalidation of the FICO/Vantage Scoring Model in compliance with the requirement of Regulation B as it may be amended from time to time (12 CFR Section 202 et seq.).
However, the credit risk score itself is proprietary and may not be used as the reason for adverse action under Regulation B.
If so, such information may be disclosed to the consumer as the reason for taking adverse action, as required by Regulation B.
NCC and each respective Client’s rights under the warranty are expressly conditioned upon each respective Client’s periodic revalidation of the Credit Bureau/Fair ▇▇▇▇▇ Model in compliance with the requirements of Regulation B as it may be amended from time to time (12 CFR Section 202 et seq.).
Federal Regulation B (Equal Credit Opportunity Act) requires Lender to obtain evidence of Borrowers’ intention to apply for joint credit.
If Debtor is more than one Person, Federal Regulation B (Equal Credit Opportunity Act) requires Lender to obtain evidence of Debtor’s intention to apply for joint credit.
In accepting, evaluating and acting upon applications, the Mortgage Lender shall comply, if applicable, with the Federal Equal Credit Opportunity Act and Regulation B promulgated thereunder and State laws against discrimination and the regulations thereunder.
In accepting, evaluating, and acting upon such applications, Lenders shall comply, if applicable, with the Federal Equal Credit Opportunity Act and Regulation B promulgated thereunder.
Subscriber must describe the principal factors in a manner which complies with Regulation B of the ECOA.

More Definitions of Regulation B

Regulation B means Regulation B of the Board, as the same may be modified and supplemented and in effect from time to time.

Regulation B means the Commission Regulation of 23 September 2005 on microbiological criteria for foodstuffs;

Regulation B means the federal regulations governing the Equal Credit Opportunity Act as it appears in Title 12, Code of Federal Regulations, Part 202, “Regulation P” means the federal regulations governing the Privacy of Consumer Financial Information as it appears in Title 12, Code of Federal Regulations, Part 216, and “Regulation Z” means the federal regulations governing the Truth in Lending Act as it appears in Title 12, Code of Federal Regulations, Part 226, as each may be amended from time to time. Failure of Marketer to comply with the foregoing provisions is a material breach of this Agreement and subject to the termination provisions set forth in Section 5 below.”

Regulation B means Regulation B of the Board of Governors of the Federal Reserve System as from time to time in effect and any successor or other regulation or official interpretation of said Board of Governors relating to the prohibition of certain discriminatory practices with respect to credit transactions (as defined therein).

Regulation B means Regulation B of the Board of Governors of the Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time. “Regulation U” shall mean Regulation U of the Board of Governors of the Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time. “Regulation Z” shall mean Regulation Z of the Board of Governors of the Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time. “Regulatory Change” shall mean the occurrence, after the Initial Closing Date, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any Law or in the administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of Law) by any Governmental Authority; provided, that notwithstanding anything herein to the