CFPB overhaul of Sec. 1071 rule could be on fast-track for approval

With the funding necessary to keep its doors open for the time being secured, the Consumer Financial Protection Bureau plans to pick up where it left off rewriting its small business lending rule, implementing Sec. 1071 of the Dodd-Frank Act. Dodd Frank Update reached out to seasoned compliance experts about what may be coming down the pipeline.