The CFPB section 1071 effective date
Abrigo
MAY 30, 2023
This means that in addition to banks and credit unions, other lenders subject to the rule’s mandates are finance companies, online lenders, Community Development Financial Institutions (CDFIs), government lenders, and nonprofit lenders. This 2026 data needs to be reported to the CFPB by June 1, 2027. What is a covered transaction?
195 
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