Wells Fargo & Company on March 20 announced additional comprehensive steps to help customers, communities and employees grappling with the impact of COVID-19. The company has suspended residential property foreclosure sales,… Read the rest

The American Financial Services Association (AFSA) yesterday, March 24, asked in a comment letter to congressional leadership that they include CECL relief for depository and non-depository financial institutions in any relief package.… Read the rest

Across the country, AFSA member companies are working to ensure the customers and neighbors have access to credit in this time of financial insecurity. That's why our industry is one of the identified 16 critical infrastructure … Read the rest

When America has needed to flex its industrial and economic muscles to meet a challenge, her great companies have been there to help.

“Ford Motor Company, joining forces with firms including 3M and GE Healthcare, is lending its manufacturing… Read the rest

During this time of uncertainty, the American Financial Services Association and its member companies are doing their best to help consumers maintain their financial security and flexibility, while also continuing to support the communities… Read the rest

Below are some ways AFSA member companies are responding to the coronavirus pandemic. Many of our members have been fixtures in their communities for more than 100 years, and when you see the responses below you'll see why they are … Read the rest

The American Financial Services Association (AFSA), along with sister trade the Marketplace Lenders Association (MLA), called on Senate Majority Leader Mitch McConnell (R-KY) and Minority Leader Chuck Schumer (D-NY) to create an updated… Read the rest

The American Financial Service Association, along with other trades, in a comment letter on March 22, called on the Securities & Exchange Commission (SEC) to delay implementation of the Current Expected Credit Loss (CECL) accounting… Read the rest

Ally Financial this week, launched a comprehensive set of financial support initiatives to help the people and communities it serves to withstand the extraordinary pressures triggered by the COVID-19 health crisis and be better positioned… Read the rest

The American Financial Services Association joined with other financial-services trade associations on a letter to Congressional leaders in support of pro-consumer policies that will aid ongoing access to credit. You can read the letter… Read the rest