CFPB finalizes streamlined small-business lending data rule
The CFPB has finalized revisions to its small-business lending data rule to scale back the scope of data collection, according ...
Tag: Section 1071
House committee advances ABA-backed bill to ease Section 1071 reporting burden
The House Financial Services Committee voted 26-22 to advance legislation to exempt certain lenders from small-business lending data reporting requirements.
Rep. Hill: Expect CFPB reforms later this year
House lawmakers and the Trump administration are planning to bring forward a series of reforms later this year to address ...
Fast break?
Amid a few defensive plays, opportunities to score big wins for the industry in 2026.
ABA, state associations favor narrower focus for small-business data collection rule
ABA and 52 state bankers associations said that they support most of the proposed revisions to the CFPB’s small-business lending ...
CFPB finalizes extended compliance dates for small-business lending data collection
The CFPB has finalized a rule extending the compliance dates for its small-business data collection. The bureau first extended the ...
CFPB to repropose rules on small business lending, data sharing
The CFPB plans to propose rulemaking on small business lending data collection and consumer data sharing before the end of ...
ABA offers fixes for small-business lending data collection rule
In a letter, ABA said it is pleased with the CFPB's proposal to revise its small-business lending data rule and ...
CFPB to delay small-business lending data collection compliance dates
The CFPB will issue an interim final rule today to push back by roughly a year the compliance dates for ...
CFPB to ‘deprioritize’ small-business lending data collection enforcement
The CFPB will not prioritize enforcement of its Section 1071 small-business lending data collection rule for businesses not covered by ...
