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 …
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 Extends Section 1071 Rule Compliance Dates
Jun 18, 2025 · As we also reported previously, the CFPB has indicated that it plans to reopen rulemaking on the section 1071 rule. Comments on the interim final rule are due by July 18, 2025.
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 …
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 …
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 …
1071 Update: November 2025 | Ncontracts
Nov 14, 2025 · The latest 1071 compliance updates, news, and analysis for financial institutions and small business lenders covered under the CFPB’s Section 1071 rule.
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 …
CFPB to initiate new Section 1071 rulemaking | ABA Banking Journal
Apr 3, 2025 · In a court filing today, the Consumer Financial Protection Bureau said its leadership has directed staff to initiate new rulemaking to implement Section 1071 of the Dodd-Frank Act …
Small business lending collection and reporting requirements
Resources to help industry understand and comply with the data collection and other requirements of the small business lending rule, which implements section 1071 of the Dodd …