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  • CFPB plans to initiate new 1071 rulemaking as expeditiously as . . .
    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 regarding credit applications by women-owned, minority-owned, and small businesses
  • San Jose Blossom Hill Center - Sutter Health
    Contact San Jose Blossom Hill Center at +14084454010 San Jose Blossom Hill Center is located at 1071 Blossom Hill Road, San Jose, CA 95123-1105 and is part of the Sutter Health Network
  • Small business lending rulemaking - Consumer Financial Protection Bureau
    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 data on applications for credit for women-owned, minority-owned, and small businesses
  • Section 1071 – Final Rule Summary - ICBA
    Section 1071 is a provision in the Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires covered financial institutions (“FIs”) to collect and report data on small business lending
  • CFPB 1071 Compliance: What you need to know - Abrigo
    The Consumer Financial Protection Bureau (CFPB) 1071 rule was effective in 2023, but section 1071 compliance dates will be extended following a Supreme Court ruling, according to the CFPB The 1071 compliance dates are for collecting and reporting data on small business loan activities
  • 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 Section 1071—is designed to increase transparency and promote economic development
  • 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 (ECOA) made by Section 1071 of the Dodd-Frank Act Consistent with Section 1071, the rule requires covered financial institutions to collect and report to CFPB data
  • Small Business Lending Final Rule Executive Summary
    On March 30, 2023, the Consumer Financial Protection Bureau (CFPB) issued the small business lending rule (final rule), which implements the small business lending data collection requirements set forth in section 1071 of the Dodd-Frank Act (Section 1071)
  • 1071 Preparation: What Should We Do Now? - Compliance Resource
    Congress enacted section 1071 for the purpose of: Facilitating enforcement of fair lending laws Enabling communities, governmental entities, and creditors to identify business and community development needs and opportunities for women-owned, minority-owned, and small businesses
  • CFPB issues long-awaited Section 1071 final rule
    The CFPB today released a long-awaited final rule implementing Section 1071 of the Dodd-Frank Act, which requires the collection and reporting of credit application data for small businesses, including women-owned and minority-owned small businesses





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