Equipment associations seek federal changes
The North American Equipment Dealers Association and the Equipment Leasing and Finance Association are seeking changes as the fall legislative ...
Tag: Consumer Financial Protection Bureau
Lenders to lean on vendors for data collection
With the March 30 finalization of section 1071 of the Dodd-Frank Act, financial institutions are facing new small business lending ...
Equipment vendors face new regulations under Dodd-Frank
New regulations under the Dodd-Frank Act require equipment lenders to gather data on borrower demographics, which could have far-reaching implications ...
Navigating Dodd Frank compliance
With finalization of section 1071 of the Dodd-Frank Act, equipment finance legal professionals are helping lenders navigate third-party and compliance ...
Opinions mixed on finalized CFPB section 1071 Dodd-Frank rulemaking
Opinions are mixed on the Consumer Financial Protection Bureau’s finalized rule that requires small businesses such as equipment dealers to ...
Small business lending data collection rule change expected in March
Changes to the Equal Credit Opportunity Act (ECOA) that would require equipment lenders to submit to the Consumer Financial Protection ...
