LEND360 Comment Letter on CFPB Request for Information Regarding Section 1071 of Dodd/Frank
The LEND360 Small Business Lending Advisory Committee evaluated and commented on the Request for Information from the Consumer Finance Protection Bureau (CFPB) regarding Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1071 pertains to lender data collection requirements for loans made to small, minority, and women-owned businesses.
This Committee has been integral in shaping the discussions for LEND360, as well as engaging in policy issues impacting the small business lending industry. The full comment letter is located below: