American Financial Services Association - Vehicle Financing Committees

Purpose – Provides a forum for vehicle finance members to examine trends and discuss best practices in the area of vehicle commercial credit lending.
Key Issues – Dealer activity, vehicle markets, inventory audits, operational efficiencies, and blue-sky financing.
Calls/Meetings – Meets twice a year during the AFSA Vehicle Finance Conference and the AFSA Annual Meeting.
Subcommittees/Working Groups – None.
Eligibility – Senior level professionals, from vehicle finance company members, who are responsible for commercial credit activities such as floor-plan and other dealer financing.
Staff Liaison – Grace McGurn, Communications Manager

Purpose – Provides a forum for vehicle finance members to share insights, examine trends, and discuss and communicate best practices in the area of credit risk management, including credit risk management methods, tools, governance and processes used to identify, measure and manage credit risk in order to achieve key business objectives. Joint effort between finance companies, credit bureaus and law enforcement to minimize effects of synthetic ID attacks.
Key Issues – Fraud trends and preventative strategies for synthetic ID and ID theft, consumer fraud, commercial fraud, fraud management strategies and tools to detect attacks on consumer and corporate data.
Calls/Meetings – Meets once a year during the AFSA Vehicle Finance Conference and the AFSA Annual Meeting.
Subcommittees/Working Groups – None.
Eligibility – Senior level credit risk professionals from vehicle finance company members.
Staff Liaison – Tim Gill, Vice President and Chief Economist

Purpose – Provides a platform for vehicle finance members to raise issues and/or concerns regarding title processing and to affect positive change to the title process with the long-term goal to eliminate many of the paper processes.
Key Issues – Consumer ID, vehicle title and registration fraud schemes and best practices to detect and resolve such fraud attacks at the time of financing. Inconsistent vehicle branding and impact on vehicle portfolios resulting from natural disasters. Erroneous branding of salvage vehicles. Contemporary state title processing issues.
Calls/Meetings – Meets once a year during the AFSA Annual Meeting. Holds monthly calls.
Subcommittees/Working Groups – None
Eligibility – Staff, from vehicle finance company members, involved in day-to-day management of the vehicle title administration process. Business Partners with expertise in facilitating electronic title processing.
Staff Liaison – Elora Rayhan, State Government Affairs Analyst
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