AFSA this week submitted a letter of welcome to incoming Bureau of Consumer Financial Protection (BCFP) Director Kathy Kraninger. The letter shared the history of AFSA and the important role that its members play in the lives of ordinary Americans.
“AFSA supports the Bureau’s mission to make consumer financial markets work for consumers, responsible providers, and the economy as a whole,” Bill Himpler, President-elect of AFSA wrote. “Recently, we have been engaged with the Bureau in its rulemakings on debt collection, small-dollar loans, small business data collection, and the Home Mortgage Disclosure Act.”
Himpler extended his congratulations and offered assistance as Director Kraninger assumes her new role.
AFSA this week submitted a letter of welcome to incoming Bureau of Consumer Financial Protection (BCFP) Director Kathy Kraninger. The letter shared the history of AFSA and the important role that its members play in the lives of ordinary Americans.… Read the rest
The Federal Communications Commission (FCC) on Wednesday adopted two items regarding robocalls and spam texts.
First, the FCC adopted a Second Report and Order to establish a single, comprehensive database that
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The latest podcast from AFSA Today analyzes the role of compliance in the consumer credit industry and how it impacts AFSA members. AFSA’s Philip Bohi, Vice President of Compliance Education, examines key focus areas of AFSA members… Read the rest
AFSA would like to welcome the following new members to the association:
Davis Wright Tremaine is a law firm of approximately 550 lawyers in eight offices across the United States. The Consumer Financial Services team advises market-leading… Read the rest
The U.S. Senate today confirmed Kathy Kraninger as the Director of the Bureau of Consumer Financial Protection (BCFP) by a 50-49 party-line vote.
Kraninger was serving as an associate director in the Office of Management and Budget. Under
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We’ve seen a number of developments in debt collection this year. Technology is changing the way debt is collected. The Bureau of Consumer Financial Protection has made progress in its debt collection rulemaking. The courts have weighed… Read the rest
AFSA this year has provided its members the opportunity to learn about the concept of a FinTech sandbox from speakers at both the state and federal levels.
The first state to create a FinTech sandbox was Arizona. The sandbox concept in Arizona,… Read the rest
The latest edition of the AFSA Today podcast features Ann Carmichael, Vice President of Congressional Affairs at AFSA. Ann analyzes, among other topics, changes in leadership at the important House Financial Services Committee on both … Read the rest