Dodd-Frank Act
Section 1071: What your Institution Needs to Know

Section 1071 governs the collection of small business lending data. Under this Section, covered banks and credit unions must compile, maintain, and submit specific data on applications to the Consumer Financial Protection Bureau (CFPB). 

Download this document to learn more about the regulation, compliance deadlines, and how Alogent’s comprehensive suite of process automation solutions are designed to meet the requirements.