Collector - January 2018 - 44

INDUSTRYNEWS

A Seat at the Table
Ohad Samet, CEO of TrueAccord, is a new member on the CFPB's
Consumer Advisory Board, and he brings an important industry
voice to the federal regulator.
By Katy Zillmer

"I believe in public
service. I think we need
to use the opportunity to
influence policy in a way
that makes it better for
other people."
44

E

ngaging with regulators is an
important tool for credit and
collection industry professionals,
which is why Ohad Samet, CEO of
TrueAccord, pursued a role on the
Consumer Financial Protection Bureau's
Consumer Advisory Board (CAB)-twice.
His dedication paid off, and last year
Samet was selected to serve a three-year
term on the board when Joann Needleman,
a CAB member with experience in the debt
collection industry, completed her term.
The CFPB, through a public process,
invites financial services industry
representatives, consumers and community
leaders to apply for membership on the CAB.
Other new members of the board
include Randi Adelstein, assistant general
counsel for regulatory affairs at MasterCard
International Inc., and Howard B. Slaughter
Jr., president and CEO of Habitat for
Humanity of Greater Pittsburgh.
"The Consumer Advisory Board is a
front seat into the CFPB's thinking, and I
think it's imperative to participate in that
conversation, especially as a leader in a
regulated industry, but also for the broader
cause," Samet said. "The Consumer
Advisory Board is there for broader
topics than just debt collection, [such as]
consumer lending, consumer finance,
mortgages, credit cards [and] payday
lending rules."
At Samet's first meeting in November,
board members received a briefing on the
CFPB's final rule for payday, vehicle title and
certain high-cost installment loans from
David Silberman, acting deputy director
and associate director, research, markets and
regulations division.
Board members can ask questions of
CFPB staff and hear concerns from members

ACAINTERNATIONAL.ORG


http://www.ACAINTERNATIONAL.ORG

Table of Contents for the Digital Edition of Collector - January 2018

From the Editor
Industry News
Best Practices
FYI
Perspective
Collection Tips
The Next Level
Getting Started
Small Perks, Big Differences
Calendar
Honor Roll
Staying Ahead of the Curve: Fall Forum Highlights
Missed Connections
A Seat at the Table
Taking Litigation Advocacy to the Next Level
Compliance
ACA SearchPoint
Last Word
Collector - January 2018 - Cover1
Collector - January 2018 - Cover2
Collector - January 2018 - 1
Collector - January 2018 - 2
Collector - January 2018 - 3
Collector - January 2018 - From the Editor
Collector - January 2018 - 5
Collector - January 2018 - Industry News
Collector - January 2018 - 7
Collector - January 2018 - 8
Collector - January 2018 - 9
Collector - January 2018 - Best Practices
Collector - January 2018 - 11
Collector - January 2018 - FYI
Collector - January 2018 - 13
Collector - January 2018 - Perspective
Collector - January 2018 - 15
Collector - January 2018 - Collection Tips
Collector - January 2018 - 17
Collector - January 2018 - The Next Level
Collector - January 2018 - 19
Collector - January 2018 - 20
Collector - January 2018 - 21
Collector - January 2018 - 22
Collector - January 2018 - 23
Collector - January 2018 - Getting Started
Collector - January 2018 - 25
Collector - January 2018 - 26
Collector - January 2018 - 27
Collector - January 2018 - 28
Collector - January 2018 - 29
Collector - January 2018 - Small Perks, Big Differences
Collector - January 2018 - 31
Collector - January 2018 - 32
Collector - January 2018 - 33
Collector - January 2018 - 34
Collector - January 2018 - 35
Collector - January 2018 - Calendar
Collector - January 2018 - Honor Roll
Collector - January 2018 - Staying Ahead of the Curve: Fall Forum Highlights
Collector - January 2018 - 39
Collector - January 2018 - Missed Connections
Collector - January 2018 - 41
Collector - January 2018 - 42
Collector - January 2018 - 43
Collector - January 2018 - A Seat at the Table
Collector - January 2018 - 45
Collector - January 2018 - Taking Litigation Advocacy to the Next Level
Collector - January 2018 - 47
Collector - January 2018 - Compliance
Collector - January 2018 - 49
Collector - January 2018 - ACA SearchPoint
Collector - January 2018 - Last Word
Collector - January 2018 - 52
Collector - January 2018 - Cover3
Collector - January 2018 - Cover4
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