AFSA President & CEO Bill Himpler last Thursday met with Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger. Himpler and Kraninger discussed a number of issues affecting consumer credit, including debt settlement companies.
Several days after AFSA’s meeting with Kraninger, the CFPB released a blog post detailing the harm that many of these companies do to consumers.
AFSA President & CEO discusses issues with CFPB Director
Apr 12, 2019
AFSA President & CEO Bill Himpler last Thursday met with Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger. Himpler and Kraninger discussed a number of issues affecting consumer credit, including debt settlement… Read the rest
AFSA, Trades File Amici in Mortgage, Vehicle Financing Cases
Apr 09, 2019
The 1st Circuit Court of Appeals on Thursday April 4th accepted an amicus brief in Thompson v. JPMorgan Chase filed by AFSA and its sister trades. The trade associations are asking that the court grant Chase’s petition for rehearing … Read the rest
AFSA Meets with FCC Commissioner to discuss TCPA
Apr 08, 2019
This month, AFSA joined with other trades and member companies in meetings at the Federal Communications Commission (FCC). The associations and members met with FCC Commissioner Michael O’Rielly, as well as advisors to Chairman … Read the rest
Statement on Committee Passage of TRACED Act
Apr 04, 2019
On April 3, the Senate Committee on Commerce, Science, and Transportation passed S. 151, the Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act, by voice vote.
AFSA shares committee members’ concerns regarding… Read the rest
AFSA Webinar navigates jurisdictional Challenges In Motor Vehicle Lending
Apr 04, 2019
Join AFSA on Thursday, April 11, at 2 p.m. ET for Jurisdictional Challenges in Motor Vehicle Lending: What You Need to Know, presented by Wolters Kluwer.
With 50 states, five territories, one federal district and more than 3,000 counties and… Read the rest
AFSA Responds to Proposed Safeguards Rule
Apr 04, 2019
The proposed safeguards rule from the Federal Trade Commission (FTC) was published in the Federal Register this morning.
“While AFSA supports the goal of the Safeguards Rule to promote data security, we believe that that the prescriptive
Standards board rejects CECL proposal
Apr 03, 2019
The Financial Accounting Standards Board (FASB) rejected yesterday a proposal brought by several financial institutions and trade associations, including AFSA. The proposal would have softened the impact of a change that will force banks… Read the rest
AFSA’s Resource Directory’s Featured Listing for April
Apr 02, 2019
REPAY is the Resource Directory’s Featured Listing for April. Realtime Electronic Payments was established in 2006 and is the premier full-service payment technology and processing provider for the consumer finance industry.… Read the rest
AFSA SGA Publishes Government Shutdown Whitepaper
Apr 01, 2019
AFSA's April State Government Affairs white paper is now available. This month's white paper covers the state response to the recent federal government shutdown. While the federal government was partially shutdown for a record… Read the rest
AFSA Examining 2018 HMDA Data
Apr 01, 2019
AFSA looks forward to examining the 2018 HMDA data in detail during the coming weeks.
“While HMDA data can assist regulators in several ways, the publicly-released data does not present a complete picture of the mortgage lending process,”… Read the rest