1071 compliance Archives

1071 Small Business Lending Compliance: What Every Financial Institution Must Know

by Radhika Dholakia-Lipton | Sep 21, 2023 | RADD BUZZ

After over a decade of anticipation, the Consumer Financial Protection Bureau (CFPB) unveiled its definitive Section 1071 rule on March 30, 2023, reshaping the landscape of small business lending data collection. This monumental rule, a cornerstone of the Dodd-Frank...

1071 Small Business Lending Compliance: What Every Financial Institution Must Know

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