CFPB Finalizes Rule to Create New Dataset on Small Enterprise Lending in America | Client Monetary Safety Bureau
WASHINGTON DC The Client Monetary Safety Bureau (CFPB) has finalized a congressional-requested rule to extend transparency in small enterprise lending, promote financial growth and combat illegal discrimination. Lenders will acquire and report details about the small enterprise credit score purposes they obtain, together with geographic and demographic information, mortgage selections, and credit score pricing. The …