American Banker

CFPB's small business data collection rule hits banks at 'the worst time,' analysts say

The Consumer Financial Protection Bureau will release a rule by March 31 requiring that data be collected on applicants for a wide range of small business credit products. The Consumer Financial ...
American Banker

Court puts CFPB small-business data collection rule on hold nationwide

A rule that would require banks and credit unions to report specific data about small-business loan applicants has been put on hold nationwide. A federal court has extended an injunction on the ...

CFPB Aims to Roll Back Biden-Era Small Business Data Collection

The Consumer Financial Protection Bureau is looking to significantly narrow a Biden-era small business lending data ...
JD Supra

CFPB issues final Section 1071 rule on small business data collection; Ballard Spahr to hold webinar on April 17

The Consumer Financial Protection Bureau has issued its long-awaited final rule to implement Section 1071 of the Dodd-Frank Act. Section 1071 amended the Equal Credit Opportunity Act to require ...