CFPB Revises Small-Business Lending Data Rule and Delays Compliance to 2028
The Consumer Financial Protection Bureau issued a final rule changing small-business lending data requirements and extending the compliance date to Jan. 1, 2028.
The Consumer Financial Protection Bureau issued a final rule changing small-business lending data requirements and extending the compliance date to Jan. 1, 2028.
On June 30, 2026, the CFPB’s Regulation B (ECOA) updates implementing Dodd-Frank Section 1071 take effect, with covered lenders starting Section 1071 data collection and compliance on January 1, 2028.