Joann NeedlemanJoann Needleman Clark Hill
Member; Leader, Consumer Financial Services Regulatory & Compliance Practice Group
Joann Needleman serves as a navigator to her clients seeking advice and guidance in the complex regulatory environment facing the financial services industry. She provides counsel, consultation, and litigation services to a wide array of financial institutions, law firms, credit reporting agencies, and debt buyers throughout the country. With extensive experience as a collection attorney, she understands the regulatory requirements expected from attorneys and non-attorneys in the credit and collection industry. A former member of the Consumer Financial Protection Bureau’s (CFPB) Consumer Advisory Board, Joann has been able to provide her clients with useful strategies in order to prepare for new areas of regulatory scrutiny. Often asked by clients to quickly assess a new policy statement or consent order, she is able to break down the issues and provide common sense solutions that ensure her clients’ policies and procedures are fully compliant.
Joann also has far reaching litigation experience in state and federal courts, successfully defending creditors against a variety of federal consumer protection claims including but not limited to the Fair Debt Collection Practices Act and Fair Credit Reporting Act, as well as state statutes.
Joann is frequently quoted in American Banker and the Wall Street Journal for her insight of the CFPB.
Joann is the immediate past President of the Board of Directors of the National Creditors Bar Association (NARCA).
Joann Needleman will lead the team and will oversee see the regulatory services provided to NARCA. Joann’s background as a collection attorney, for the past 25 years, coupled with her expertise in regulatory matters both at the state and federal level throughout this decade, ensures that issues unique to NARCA will be highlighted and appropriately addressed. Example of services performed:
- ACA International – Led and managed Small Business Regulator Enforcement Fairness Act (SBREFA) representation of 8 Small Entity Representatives (SERs).x
- NCP Finance - Testified before the Michigan Senate Banking Committee on proposed changes to Credit Service Organization Model (CSO) which would conflict with the CFPB’s proposals on small dollar lending.
- Presenter, “The New Regulatory Challenges Facing Small Business Lending: Navigating the New Frontier”, The Alternative Finance Bar Association, August 2017
- Presenter, “2017 Regulatory and Legal Update – Recent Cases (including ACA International v FCC), Impact of Change in Administration to Makeup and Policies of the FCC, CFPB Debt Collection Rulemaking, FTC,” First Party Summit, Frisco, Texas, June 2017
- Presenter, “Don’t Pull That Credit Report So Fast – The New Pitfalls of Employee Background Checks,” Delaware Valley Labor and Employment Law Conference, April 2017
- Speaker, “Consumer Regulation Regime for 2017,” Credit Union National Association (CUNA) Governmental Affairs Conference, Washington, DC, February 2017
- Presenter, “The Impact of the CFPB on Small and Regional Banks from Lending to Recovery,” Michigan Bankers Association 2016 Annual Convention, Grand Hotel on Mackinac Island, June 2016
- Presenter, “Evolving Issues in Fair Debt Collection: FDCPA, TCPA and Beyond,” Pennsylvania Bar Institute CLE, June 2016
- Presenter, “Breakout: SBREFA, Its Impact on Rulemaking, and How You Should Be Involved,” 4th Annual insideARM Larger Market Participant Summit, Washington, D.C., April 2016
- “Employee Background Checks,” Clark Hill In-House Counsel Webinar, January 2017
- "Alternative Lending: Regulatory Challenges Front and Center," Clark Hill Webinar, June 2016
- "New Year - New CFPB Targets," Clark Hill Webinar, January 2016
- “What You Need to Know About the CFPB and Why You Should Care,” Clark Hill Webinar, July 2015 “Understanding the Guidance from the CFPB’s Supervisory Highlights Report,” Maurice & Needleman Webinar Series, 2014
- Philadelphia Business Journal, “CFPB leadership squabble has finserv companies asking: Now what?”
- November 27, 2017
- American Banker, “Radical Changes ahead for the CFPB after Cordray Departure”, November 17, 2017
- American Banker, “OCC-CFPB spat takes interagency discord to new level”, October 19, 2017
- Law 360, “If The CFPB Is Remiss, The Court Must Dismiss”, September 5, 2017
- National Mortgage News, “Cheat sheet: What happens if CFPB’s Cordray leaves early”, August 7, 2017
- Wall Street Journal, “Debt Collection next on CFPB’s Agenda”, July 26, 2017
- SubPrime Financial News, “How debt collection industry scored rare ‘victory’”, June 14, 2017
- Wall Street Journal, “Court Slams CFPB’s Enforcement Strategy”, March 28, 2017
- Bloomberg BNA, “House GOP Report Says CFPB May Have Violated Law”, January 19, 2017
Helped owners, investors, lenders and financial-services providers address the enforcement priorities of federal agencies, including the U.S. Department of Justice and the Financial Crimes Enforcement Network (FinCEN). We conduct comprehensive due diligence to ensure that businesses are duly licensed and registered and follow standard practices for the sale of recreational and/or medical marijuana. We also monitor business activities and public sources to identify suspicious activity or other red flags.
Joann Needleman has been recognized by the Court of Common Pleas of Philadelphia County, First Judicial District of Pennsylvania, for her extraordinary pro bono work that enabled the county’s Credit Card Pilot Program to get off the ground. The Credit Card Pilot Program was initiated to create better consumer participation in debt collection cases filed with the Court. The idea was to devote specific days where volunteer lawyers would be available to assist pro se consumers who have been sued for unpaid accounts like credits cards, auto loans, and consumer lines of credit.