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Section 1071 Regulation B Data Collection

Stinson LLP

CFPB Extends Compliance Deadlines Under 1071 Rule

Stinson LLP on

On June 18, 2025 the Consumer Financial Protection Bureau (CFPB) issued an interim final rule that amends Regulation B to extend the compliance deadline dates set forth in the small business lending data collection rule...more

Troutman Pepper Locke

CFPB Extends Compliance Dates for Section 1071 Rule Again Amid Ongoing Litigation

Troutman Pepper Locke on

The Consumer Financial Protection Bureau (CFPB or Bureau) published in the Federal Register an interim final rule extending compliance dates for its 2023 small business lending rule under the Equal Credit Opportunity Act...more

Ballard Spahr LLP

Trade group for providers of commercial sales-based financing files lawsuit challenging CFPB final small business lending rule

Ballard Spahr LLP on

Revenue Based Finance Coalition (RBFC), a trade group whose members include non-banks that provide sales-based financing to businesses, filed a lawsuit last week against the CFPB in a Florida federal district court...more

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