CFPB Final Rule for Small Lenders

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September 22, 2015 at 8:16 am EDT #8127

Rich
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Good morning!

Would you please summarize the changes giving further relief to small/rural lenders that were announced today (9-22)?

Thanks
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September 23, 2015 at 9:34 am EDT #8134

rcooper
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If you haven’t seen the press release from the CFPB, it hits the high points. You can find it here: https://www.consumerfinance.gov/newsroom/cfpb-finalizes-rule-to-facilitate-access-to-credit-in-rural-and-underserved-areas/
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