section1071-readiness

Drafts a Section 1071 small-business lending data readiness assessment under the CFPB's revised final rule (May 1, 2026; effective June 30, 2026; compliance date January 1, 2028). Covers covered-financial-institution determination against the 1,000-covered-transactions threshold, covered-application and covered-credit-transaction scoping, the 12 CFR 1002.107 data-point inventory, applicant-demographic data-collection mechanics, the 12 CFR 1002.108 firewall design, recordkeeping under 12 CFR 1002.110, and reporting-and-filing readiness against the CFPB Filing Instructions Guide. Produces a readiness matrix per data point and a narrative gap memo for the named accountable executive.