Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities

On July 21, 2010, the Dodd-Frank Act established the CFPB to regulate the offering and provision of consumer products or services under federal consumer financial law. The CFPB is authorized under the act to enforce federal consumer financial law through judicial actions and administrative adjudication proceedings.

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6 days ago Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities By Andrew Keshner. Published: May 14, 2019. the Home Owners’ Loan Corporation, was tasked.

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Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities – A federal agency at the time, the Home Owners’ Loan Corporation, was tasked with assessing metropolitan areas nationwide for the risk associated with real-estate investments. Andrew Keshner is a.

Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities – The 2010 Dodd Frank Act, a federal law passed in the aftermath of the 2008 market collapse, requires lenders to compile information on applications and actions taken on loan requests. The CFPB is.

CFPB Consumer Laws and Regulations ECOA cfpb june 2013 ecoa 1 equal Credit opportunity act (ecoa). the CFPB restated the Federal Reserve’s implementing regulation at 12 CFR. Sec.1071 of the Dodd-Frank Act added a new Sec. 704B to ECOA to require the collection of small business loan data.

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