The Consumer Financial Protection Bureau (CFPB) yesterday released a new suite of resources for consumers who may have difficult making mortgage payments as a result of the coronavirus pandemic.
AFSA encourages its members to share the information below with their customers.
As the global pandemic continues to affect the lives and livelihoods of many of the nation’s families, organizations across the country – like the American Financial Services Association (AFSA) – are working hard to help Americans protect and manage their finances.
It’s more important than ever to make extra efforts to reach those who are struggling, to help them understand their options and navigate their choices.
In partnership with other federal agencies like HUD, the CFPB is reaching out to encourage people who are struggling financially as a result of the pandemic to take control of their mortgage loans and request forbearance. Visit cfpb.gov/housing to learn more.
CFPB Provides Critical Mortgage Resources for Consumers
Nov 13, 2020
The Consumer Financial Protection Bureau (CFPB) yesterday released a new suite of resources for consumers who may have difficult making mortgage payments as a result of the coronavirus pandemic.
AFSA encourages its members to share the … Read the rest
AFSA Congratulates Biden-Harris
Nov 12, 2020
Multiple media outlets have declared Joseph R. Biden, Jr., the winner in the 2020 presidential race. American Financial Services Association President and CEO Bill Himpler issued the following statement:
“The American Financial Services… Read the rest
Remember the AFSA Education Foundation in Your Year-End Giving
Nov 11, 2020
As a key AFSA stakeholder you know firsthand the value of the organization. Thirty years ago AFSA leaders like you stepped up believing an informed consumer is a good consumer and the AFSA Education Foundation was born! The Foundation’s primary… Read the rest
AFSA Supports Access to Credit in Proposed CDFI Application
Nov 11, 2020
The American Financial Services Association (AFSA) emphasized the importance of preserving access to credit in response to the Department of Treasury (Treasury) and Community Development Financial Institutions’ (CDFI) Fund revised… Read the rest
CFPB Report Examines Servicemember Debt
Nov 10, 2020
The Consumer Financial Protection Bureau (CFPB) yesterday (November 9) released a report showing that a “sizeable fraction of young enlisted servicemembers go delinquent on debt payments or have severe derogatories (for example, defaults)… Read the rest
LISTEN | AFSA Extra Credit Podcast w/ AFSA Chair Tom Hudgins
Nov 10, 2020
In this episode of the AFSA Extra Credit Podcast we talk with Tom Hudgins, 2021 AFSA Chair and President & COO of Western Shamrock. Tom has been an integral part of AFSA leadership for many years and has served on many committees and working… Read the rest
The CFPB Debt Collection Rule: Compliance Considerations
Nov 09, 2020
Join us on November 17 at 1:00 p.m. ET for The CFPB Debt Collection Rule: Compliance Considerations, presented by Hudson Cook & Weltman. The CFPB has issued its first of two anticipated final rules on debt collection. While the rule is… Read the rest
Auto Loan Accommodations: Insights from the Past, Applications for the Present
Nov 06, 2020
Join us on December 3 at 2:00 p.m. ET for Auto Loan Accommodations: Insights from the Past, Applications for the Present, presented by TransUnion.
The COVID-19 pandemic significantly impacted consumers and businesses, and the auto industry… Read the rest
AFSA Requests TCPA Exemptions for Consumer Finance Industry
Nov 05, 2020
The American Financial Services Association (AFSA) replied to the Federal Communications Commission’s (FCC) proposed rulemaking regarding certain exemptions under the Telephone Consumer Protection Act (TCPA) for companies making… Read the rest
Start Your Engines for the 2021 Vehicle Finance Conference!
Nov 04, 2020
AFSA is excited to announce that the 2021 Vehicle Finance Conference will be held online from February 23 through February 25; AFSA committees will meet the preceding week, February 16 through February 18 (more details to come).
Each day will… Read the rest