Small business lending rulemaking - Consumer Financial Protection Bureau
Jun 18, 2025 · Section 1071 of the Dodd-Frank Act amended the Equal Credit Opportunity Act (ECOA) to require financial institutions to compile, maintain, and submit to the Bureau certain …
CFPB Officially Extends Compliance Dates for Section 1071 Rule; …
Oct 6, 2025 · The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 introduced Section 1071, amending the ECOA to require covered financial institutions to …
CFPB Extends Compliance Date for the Section 1071 Small …
Jun 25, 2025 · The CFPB issued the final 1071 Rule in March 2023, which required financial institutions to collect and report to the CFPB 81 data points on applications for credit for small …
Section 1071: Guide to the new small business lending rule
Starting in 2025, your lender may be required to ask you a few questions about your small business during the loan application process. This new small business lending rule—known as …
CFPB Plans to Reopen Section 1071 Small Business Lending Rule
Apr 9, 2025 · The 1071 Rule, which refers to Section 1071 of the Dodd-Frank Act, requires financial institutions to collect and report loan application data from qualifying small businesses.
CFPB 1071 Compliance: Overview and dates - Abrigo
Oct 3, 2025 · The Consumer Financial Protection Bureau (CFPB) 1071 rule was originally effective in 2023, but section 1071 compliance dates have been extended. The 1071 …
CFPB Small Business Lending Data (Section 1071) - KPMG
The Consumer Financial Protection Bureau (CFPB) has issued its final small business lending rule, which amends Regulation B to implement changes to the Equal Credit Opportunity Act …
H.R.976 - 1071 Repeal to Protect Small Business Lending Act
Feb 4, 2025 · To repeal the small business loan data collection requirements under the Equal Credit Opportunity Act.
The End of Section 1071 as We Know It: CFPB to Reopen …
Apr 8, 2025 · The bill is now under consideration by the House of Representatives. We are continuing to monitor developments related to the 1071 Rule, including ongoing litigation, …
CFPB plans to initiate new 1071 rulemaking 'as expeditiously as ...
May 1, 2025 · Section 1071 of the Dodd-Frank Act amended the Equal Credit Opportunity Act (ECOA) to require financial institutions to collect and report thirteen data points to CFPB …