Description

Today’s podcast is a discussion between Rhonda McGill, Sr. Director of Client Solutions at PerformLine and Tony Alexis, Partner at Goodwin Law and former Assistant Director and Head of the Office of Enforcement at the CFPB, where he developed and managed the CFPB’s enforcement strategy, consumer financial investigations and litigation. During today’s podcast they discuss UDAAP compliance under CFPB Director Chopra, specifically:

• The recision of the CFPB's guidance on Abusiveness Standard in 2020 and how it impacts organizations today
• The recent update to the UDAAP examination manual to include discrimination under "unfair"
• The recent notable UDAAP enforcement actions
• And the CFPB's crackdown on repeat offenders and how that ties into UDAAP