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Borrowers › Data Collection

Maynard Nexsen

Farm Credit: Utilizing a Privacy Statement to Build Borrower Trust

Maynard Nexsen on

A privacy statement should not be viewed as a burden but as an opportunity to show prospective borrowers that the organization’s promises matter. The promise to hold personal identifiable information in strict confidence. The...more

Bradley Arant Boult Cummings LLP

CFPB Publishes Supervisory Highlights Special Edition Focusing on COVID-19 Prioritized Assessments; Mortgage Servicing Issues Are...

Bradley Arant Boult Cummings LLP on

On January 21, 2021, the Consumer Financial Protection Bureau (CFPB) released the 23rd issue of its Supervisory Highlights report, a special edition focusing entirely on the COVID-19 Prioritized Assessments that have been...more

Ballard Spahr LLP

New CFPB webinar available on 2015 HMDA final rule

Ballard Spahr LLP on

On October 15, 2015, the CFPB released a final rule amending Regulation C, which implements the Home Mortgage Disclosure Act (HMDA), requiring certain data on mortgage applications and loans to be collected beginning in 2017...more

Ballard Spahr LLP

84 House members urge expedited CFPB action on small business lending data collection rules

Ballard Spahr LLP on

84 House members recently wrote to the CFPB to urge it to expedite rulemaking to implement the small business lending data requirements of Dodd-Frank Section 1071. Section 1071 amended the ECOA to require financial...more

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