AFSA’s State Government Affairs team has closely monitored the New York City Department of Consumer and Worker Protection (DCWP) since the agency began pursuing an ambitious expansion of the city’s debt collection rules. Under the Mamdani administration, DCWP has intensified its consumer-protection efforts. On October 1, DCWP and the NYC Commission on Human Rights issued […]

The latest edition of the Federal Reserve’s triennial Survey of Consumer Finances provides a detailed look at the financial position of American households in 2025. The results suggest that household balance sheets remained resilient in aggregate despite elevated interest rates. Nonetheless, signs of growing stress are visible beneath the surface. The overall household financial picture […]

October 8, 2026 at 2:00 p.m. ET Asset finance organizations are under mounting pressure to grow portfolios, protect margins, and deliver better customer experiences, yet most remain constrained by fragmented systems, manual processes, and legacy technology. According to new industry research, over 70% of organizations are still primarily legacy or only partially modernized, while more […]