Home / Market News / Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities. Federal lawsuit says CFPB should collect data on business-loan.
CFPB Faces Lawsuit on Payday Lending Rule Groups representing the small-dollar lending industry challenge rule finalized in 2017, which the bureau is currently reconsidering. The lawsuit also argues the CFPB’s structure is unconstitutional. 4/10/2018 3:00 PM
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.
Eliminating Systemic Barriers in Recruiting and Hiring – Specifically, the draft highlights facially neutral hiring practices, which in practice, adversely impact protected groups (e.g. racial and.
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On May 10, 2017, the Consumer Financial Protection Bureau ("CFPB") issued a request for information on small business lending. In a press release accompanying the request, the CFPB stated that its goal is to "learn more about how small businesses engage with financial institutions, with a particular focus on women-owned and minority-owned small business," in order to help "implement.
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The Consumer Financial Protection Bureau (CFPB) has filed suit in federal court against Think Finance, a Fintech that leverages its technology to power online lending platforms. Think Finance.
loans, the small business data collectionrule the CFPB will be developing must accommodate a wide variety of business lending products and models. We encourage financial institutions to identify the various types of business lending in which they engage and begin to assess how the small business data collection rule could affect each
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit in a federal district court against a Georgia-based firm, Frederick J. Hanna & Associates, and its three principal partners for operating a debt collection lawsuit mill that uses illegal tactics to intimidate consumers into paying debts they may not owe.
Veterans speak out against war on Memorial Day Solemn holiday: Delaware filmmaker, veteran to speak at Memorial Day service. the keynote speaker at the memorial day ceremony of Kent County Chapter 850, Mr. Healy grew up with stories about World War II filling up.
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.