In the dynamic sphere of financial regulation, one rule, the CFPB Regulation Section 1071, is making significant ripples. This newly proposed rule envisions a future where:
- Small business lending is equitable and transparent.
- Financial entities are accountable for their credit decisions in every small business application, irrespective of ownership.
As we transition into this transformative phase in financial regulation, CFPB 1071 provides guidelines and underscores a commitment to fairness, paving
