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Lending Compliance Update

Lending Compliance Update

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2023 was a busy year and 2024 is no exception.  Finalized Community Reinvestment Act regulations, the Regulation B Section 1071 rules to require data collection and reporting for small business loans, and the changes the CFPB wants to make to FCRA are few key ones to be aware of.

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    2023 was a busy year and 2024 is no exception. Finalized Community Reinvestment Act regulations, the Regulation B Section 1071 rules to require data collection and reporting for small business loans, and the changes the CFPB wants to make to FCRA are few key ones to be aware of.

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