Eric Johnson

Nov 1, 2024 | jdsupra.com | Eric Johnson

The Consumer Financial Protection Bureau has long required that an institution within the scope of its supervision or enforcement authority, including both depository institutions like banks and non-depository consumer financial services companies like auto finance companies, develop and maintain a written, sound, and robust compliance management system, or CMS, that is integrated into the overall framework for a product's design, delivery, and administration across the institution's entire...

Jul 15, 2024 | nonprimetimes.com | Eric Johnson

The Consumer Financial Protection Bureau has long required that an institution within the scope of the CFPB’s supervision or enforcement authority, including both depository institutions like banks and non-depository consumer financial services companies like auto finance companies, develop and maintain a written, sound, and robust compliance management system (CMS) that is integrated into the overall framework for a product’s design, delivery, and administration across the institution’s...

Jul 9, 2024 | jdsupra.com | Justin Hosie |Eric Johnson

July 9, 2024 To embed, copy and paste the code into your website or blog: July 17th, 2024 12:30 PM ET Please join Eric Johnson and Justin Hosie as they recap recent CFPB actions and enforcements, including negative equity findings from the Auto Finance Data Pilot; compliance dates for the Small Business Lending Rule; the annual Fair Lending Report to Congress; the Summer Supervisory Highlights; and various enforcement actions involving alleged fraudulent transfers, repeat offenders submitting...

Jun 4, 2024 | jdsupra.com | Eric Johnson

Ever heard of "mass arbitration"? If you haven't heard of that term, you may be lucky. By rule of thumb, a "mass" of something isn't necessarily a good thing (unless it's a mass of tacos on my plate). If you have heard of mass arbitration or been subjected to a mass arbitration, help may be on the way from the American Arbitration Association.

May 2, 2024 | jdsupra.com | Laura Bacon |Justin Hosie |Eric Johnson

In this month's article, we share some of our top "bites" covered during the April 2024 webinar. Bite 12: Director Chopra's White House Remarks on Data ProtectionOn April 2, 2024, Director Chopra delivered remarks at an event organized by the White House Office of Science and Technology Policy. There he discussed how the CFPB's Fair Credit Reporting Act (FCRA) enforcement can protect national security.