84 House members urge expedited CFPB action on small business lending data collection rules

Barbara S. Mishkin 84 House members recently wrote to the CFPB to urge it to expedite rulemaking to implement the small business lending data requirements of Dodd-Frank Section 1071.  Section 1071 amended the ECOA to require financial institutions to collect and maintain certain data in connection with credit applications made by women- or minority-owned businesses and small businesses. ... More >...(read more)

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