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Jun262023

What's New? Small Business Lending Rule

DateMonday, June 26, 2023 at 3:57PM by AuthorBanking Spectrum

he CFPB issued guidance on how it intends to enforce the final rule on Section 1071 of the Dodd-Frank Act, which requires lenders to collect and report credit application data for small businesses, including women-owned and minority-owned small businesses. Read more about the Small Business Lending Rule in The Gold Book. 

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