The Consumer Protection and Commerce Subcommittee of the House Energy & Commerce Committee today unanimously passed H.R. 3962, the “Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2021, also known as the SECURE Act. Introduced by Reps. Madeleine Dean (D-PA), Kelly Armstrong (R-ND), and 32 original bipartisan cosponsors, the SECURE Act would expand the usage of Remote Online Notarizations (RONs) nationally.
RONs are type of electronic notarization that allows for the notarization process to completed with the notary and signer in different physical locations.
AFSA and other trades have advocated strongly for this and similar bills over the past several years and is pleased to see today’s result. We will continue to educate policymakers about the benefits this legislation to businesses and consumers.
The Consumer Protection and Commerce Subcommittee of the House Energy & Commerce Committee today unanimously passed H.R. 3962, the “Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2021, also known as… Read the rest
AFSA’s state government affairs team this week sent a letter to the California Senate raising concerns with SB 1311. Among other provisions, the bill would void the security interest in a vehicle financed by a covered service member if the … Read the rest
Join us on June 23, 2022 at 2:00 p.m. ET for The Electric Vehicle Market – Plugging Into Growth Opportunities, presented by TransUnion
The US auto market has experienced seismic changes over the past two years, including increased demand… Read the rest
AFSA President and CEO Bill Himpler weighed in on the important role Industrial Loan Companies (ILCs a.k.a Industrial Banks) can play for consumers. As the House Financial Services Committee considers legislation that would limit the growth… Read the rest
“The life of the nation is secure only while the nation is honest, truthful, and virtuous.
-Frederick Douglass
Today, we mark Juneteenth a commemoration of equality, justice and freedom, ideals which we strive to perfect for all Americans..… Read the rest
In this episode of the Extra Credit Podcast, we chat with Avani Desai, CEO of Schellman, a company that specializes in IT security, compliance, assessments, and certifications. Avani spoke at our Vehicle Finance Conference earlier this … Read the rest
AFSA’s State Government Affairs (SGA) recently published its most recent white paper covering vehicle data privacy. Vehicles have become more connected and complex in recent years, collecting a wide range of data, such as speed, location,… Read the rest
Smart regulations, fair competition, and increased innovation have always benefitted American consumers. However, this week, Congress focused on four proposals that would create more roadblocks for consumers and small business seeking… Read the rest
Savings, Labor Productivity, and Household Debt
By Perc Pineda, Chief Economist & VP, Research | AFSA
The personal savings rate has decreased to 4.4% in April – down from 12.6% a year earlier and 33.8% two years prior. The decrease in savings… Read the rest
Join us on June 9 at 2:00 p.m. ET for Auto Finance Data Trends & How One Lender is Ahead of the Game, presented by Lightico
In this program, we’ll take a look at the latest auto lending consumer survey data to see what consumers are experiencing … Read the rest
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