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CFPBRulemakingCFPB-2021-0015

Small Business Lending Data Collection under the Equal Credit Opportunity Act

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Jun 20, 2024
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closed 1664d ago
National Community Reinvestment Coalition filings
2

Activity

National Community Reinvestment Coalition filed 2 comments on this docket between Nov 30, 2021 and Feb 18, 2022. 163 other organizations filed here. The comment window closed 1664d ago.

What National Community Reinvestment Coalition filed (2)

Feb 18, 2022· Ex Parte submission - Josh Silver, National Community Reinvestment Coalition· CFPB-2021-0015-2188

Filed on regulations.gov — full text not in the inline record.

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Nov 30, 2021· Ex Parte submission - Adam Rust, National Community Reinvestment Coalition· CFPB-2021-0015-0137

Filed on regulations.gov — full text not in the inline record.

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Abstract

The Bureau of Consumer Financial Protection (Bureau) is publishing for public comment a proposed rule amending Regulation B to implement changes to the Equal Credit Opportunity Act (ECOA) made by section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Consistent with section 1071, the Bureau is proposing to require covered financial institutions to collect and report to the Bureau data on applications for credit for small businesses, including those that are owned by women or minorities. The Bureau’s proposal also addresses its approach to privacy interests and the publication of section 1071 data; shielding certain demographic data from underwriters and other persons; recordkeeping requirements; enforcement provisions; and the proposed rule’s effective and compliance dates.

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Co-filers (163)

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Small Business Lending Data Collection under the Equal Credit Opportunity Act (CFPB) — National Community Reinvestment Coalition | OpenPolis