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CFPB’s debt collections expert will address Law & Compliance conference

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A high-ranking executive of the Consumer Financial Protection Bureau will address AFSA’s second annual Law and Compliance Symposium on March 5, the first day of the conference. John McNamara, the CFPB’s Assistant Director of Consumer Lending, Reporting, and Collections Markets, will address the conference on the topic of Debt Collection Rulemaking.

McNamara last week accompanied CFPB Director Kathy Kraninger during her “Listening Session” visit to AFSA’s Installment Lending Summit & Congressional Fly-in. At that meeting, executives of AFSA member companies had the opportunity to describe their business models, customer base and longevity in providing access to safe, affordable credit in their markets to Kraninger, McNamara and other CFPB personnel who attended that session.

McNamara was appointed to this position in June of 2017, under then-Director Richard Cordray, and had previously served in this capacity in an “acting” role. Prior to that he was Debt Collection Program Manager at the Bureau. Before joining the Bureau, McNamara was the chief marketing officer at LiveVox, a provider of cloud contact center solutions. He also served as president, CEO and co-founder of Fidelis Recover Solutions, Inc. He has more than 30 years’ experience in the debt collection market.

CFPB’s debt collections expert will address Law & Compliance conference
Feb 18, 2019

A high-ranking executive of the Consumer Financial Protection Bureau will address AFSA’s second annual Law and Compliance Symposium on March 5, the first day of the conference. John McNamara, the CFPB’s Assistant Director… Read the rest

AFSA’s installment lending executives visit Capitol Hill
Feb 14, 2019

The American Financial Services Association (AFSA) held its annual Installment Lenders Summit and Congressional Fly-in this week as 22 executives from 16 companies visited Congressional offices on Capitol Hill.

AFSA members visited … Read the rest

AFSA’s Law & Compliance Symposium Will feature CFBP’s John McNamara
Feb 13, 2019

John McNamara, Assistant Director of Consumer Lending, Reporting, and Collections Markets with the Consumer Financial Protection Bureau (CFPB) will address attendees at the 2019 Law & Compliance Symposium, March 5-7 in Ft. Lauderdale,… Read the rest

Webinar will address strategy and bottom line results
Feb 12, 2019

Join AFSA on Feb. 27 at 2 p.m. ET for the webinar, “Optimize your acquisition strategy and elevate profits,” presented by Experian. The capabilities of today’s technologies, backed by real-time data updates make it possible… Read the rest

AFSA Submits Three Comments on Critical Rulemakings
Feb 11, 2019

AFSA this week submitted three comment letters to federal agencies.The first letter is in response to the Federal Deposit Insurance Corp.’s (FDIC) request for comment on the agency’s process for approving new state chartered… Read the rest

AFSA does in-depth study on Municipal Zoning Restrictions
Feb 09, 2019

AFSA’s State Government Affairs department this month published its Municipal Zoning Restrictions white paper. AFSA’s white paper takes an in-depth look at recent activity by municipalities seeking to regulate small loan… Read the rest

AFSA Meets with FDIC Chairman Jelena McWilliams
Feb 06, 2019

AFSA met with Jelena McWilliams, the Chairman of the FDIC, this week. AFSA raised several key issues with the Chairman, including: the lingering effects of Operation Choke Point, how the Military Lending Act (MLA) limits the availability… Read the rest

Experts agree that Blockchain’s utilization In the vehicle retail channel is imminent
Feb 06, 2019

Among the many panels of subject matter experts at the recent AFSA Vehicle Finance Conference tackling the latest technology topics facing the industry, the subject of Blockchain drew a standing room only crowd of execs looking for information… Read the rest

AFSA Board approves nominations of three new members
Feb 04, 2019

The AFSA Board of Directors recently approved the nominations of three executives to replace three board members, all of whom recently retired.

Susan Bridges, Chairman of the Board of Security Finance Corporation of Spartanburg, S.C., … Read the rest

AFSA Adds Expertise in Member Services & Engagement
Feb 01, 2019

The American Financial Services Association is pleased to announce the addition of Toni-Lewis Bennett as Vice President of Member Services & Engagement. Lewis-Bennett was hired following the departure of Sheilah Harrison who… Read the rest

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