July's featured Business Partner is RSM US LLP.
RSM US LLP is the leading provider of audit, tax and consulting services focused on the middle market, with 9,000 people in 90 offices nationwide. Our full range of services help specialty finance companies address their complex business challenges such as regulatory compliance, security and privacy, and transaction due diligence. Through working with organizations like AFSA, we have developed an industry knowledge base which enables us to provide industry specific, meaningful observations and insights.
Learn more at rsmus.com
July Featured Business Partner: RSM US LLP
Jul 01, 2020
July's featured Business Partner is RSM US LLP.
RSM US LLP is the leading provider of audit, tax and consulting services focused on the middle market, with 9,000 people in 90 offices nationwide. Our full range of services help specialty… Read the rest
AFSA Reiterates Support for Industrial Bank Charters
Jul 01, 2020
The American Financial Services Association (AFSA) reiterated its support for industrial banks in a comment letter this week to the FDIC. The FDIC’s proposed industrial bank rule would require certain conditions and commitments… Read the rest
SCOTUS Holds CFPB Structure Violates Separation of Powers
Jun 29, 2020
The Supreme Court today ruled in Selia Law v. CFPB that the structure of the CFPB violates the separation of powers. In an opinion written by Chief Justice John Roberts, the Court held that, “the CFPB Director’s removal protection… Read the rest
Trending Payment Data & Insights During COVID-19 on the Extra Credit Podcast
Jun 25, 2020
In this episode of the AFSA Extra Credit Podcast we talk with Mike Kaplan, CRO with PayNearMe. In mid-May, PNM unveiled a study entitled Consumer Bill Pay Trends During COVID-19. PayNearMe analyzed hundreds of thousands of bill payments made… Read the rest
Identity and Income Fraud in an Increasingly Digitized World
Jun 24, 2020
Join us on June 30 at 1:00 p.m. ET for Identity and Income Fraud in an Increasingly Digitized World, presented by AFSA.
With most dealers going digital and offering off-lot deliveries, it is more important than ever to ensure a consumer’s… Read the rest
CFPB Issues Two NPRMs on Mortgage
Jun 24, 2020
The Consumer Financial Protection Bureau (CFPB) has issued two notices of proposed rulemaking (NPRMs) to amend the Ability to Repay/Qualified Mortgage (ATR-QM) Rule. The first NPRM would extend the sunset date for a temporary category … Read the rest
AFSA Submits Letter to FTC on Endorsement Guides
Jun 23, 2020
This week, AFSA submitted a comment letter to the Federal Trade Commission (FTC) in response to the agency’s request for comment regarding its guidance on advertising, referred to as the Endorsement Guides.
AFSA addressed the need… Read the rest
Class Action Threats Facing the Consumer Finance Industry in the Age of COVID
Jun 22, 2020
Join us on June 25 at 2:00 p.m. ET for Class Action Threats Facing the Consumer Finance Industry in the Age of COVID.
Please join California-based class action defense litigators Anna McLean, Jay Ramsey, Alex Moreno, and Abby Meyer of Sheppard… Read the rest
AFSA Supports Commission Format for CFPB
Jun 19, 2020
The American Financial Services Association (AFSA) yesterday (June 18) joined several other trade associations that represent a wide swath of the American economy in a letter to Sen. Deb Fischer (R-NE) supporting her bill (S. 3990) that … Read the rest
AFSA Statement on CA Assembly Adjournment Without Reconsideration AB 2501
Jun 18, 2020
Today the California Assembly adjourned without reconsidering the “COVID-19 Homeowner, Tenant, and Consumer Relief Law of 2020,” (AB 2501), which if approved would have required creditors to provide up to nine months of vehicle… Read the rest