Compliance Lending Regulation White Paper 
CFPB Monitor
AUGUST 31, 2015
84 House members recently wrote to the CFPB to urge it to expedite rulemaking to implement the small business lending data requirements of Dodd-Frank Section 1071. In their letter to Director Cordray, the House members urge the CFPB “to move forward this year” with Regulation B rulemaking to implement Section 1071.
CFPB Monitor
APRIL 29, 2015
The CFPB has issued a fair lending report covering its fair lending activities during 2014. The report states that in 2014, CFPB fair lending supervisory and public enforcement actions required institutions to provide approximately $224 million in remediation.
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CFPB Monitor
APRIL 7, 2020
Roddy discussed the emergency debt collection regulation issued by the Massachusetts AG and the possibility of state UDAP claims based on collection activities during the crisis. Another potential area of risk highlighted by Chris Willis was fair lending issues that could arise from the handling of modification and forbearance requests.
CFPB Monitor
APRIL 18, 2019
In May 2018, the CFPB issued an RFI and white paper on small business lending. Other symposia topics will include behavioral law and economics, small business loan data collection, disparate impact and the Equal Credit Opportunity Act, cost-benefit analysis, and consumer authorized financial data sharing.
Jeff For Banks
JUNE 20, 2017
And let's not forget about the thousands of employees that work for regulatory bodies, compliance personnel in banks, and consultants that help them comply. So what am I talking about, that deposit insurance is why banks don't do like FinTech lending firms and use alternatives to the FICO score in underwriting consumer credits?
American Banker
MAY 4, 2016
The Treasury Department will release a white paper next week outlining “research and recommendations” related to marketplace lending as a capstone to its nearly yearlong inquiry into the fast-growing industry.
CFPB Monitor
OCTOBER 17, 2018
The Payday Rule’s compliance date is August 19, 2019. In the preamble, the CFPB states that it expects to issue a NRPM “by no later than early 2019 that will address reconsideration of the rule on the merits as well as address changes to its compliance date.”. Business Lending Data. HMDA/Regulation C.
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