Several Maryland and Virginia bankers, joined by American Bankers Association and Maryland Bankers Association staff, today met with officials in the Small Business Administration’s Office of Advocacy. The meeting came as the Consumer Financial Protection Bureau moves forward with implementation of Section 1071 of the Dodd-Frank Act, which requires data collection to facilitate fair lending in the small business credit market. The bankers and association staff explained the commercial lending process, outlining how its customized and non-commodified nature makes it ill-suited to the methods of fair lending enforcement long used in mortgage lending, for example. For more information, contact ABA’s Barry Mills.
ABA, associations urge FCC to adopt outcome-based robocall scorecard
ABA joined other financial services associations to express strong support for the Federal Communications Commission’s proposed Robocall Mitigation Scorecard while recommending changes to ensure it provides consumers and businesses with meaningful information about voice service providers’ effectiveness in...








