American Financial Services Association - AFSA and Federal Agencies Provide Educational Resources During COVID-19
American Financial Services Association

AFSA and Federal Agencies Provide Educational Resources During COVID-19

Search results for 'coronavirus'

Friday was officially Director Kathleen Kraninger’s second anniversary as Director of the Consumer Financial Protection Bureau (CFPB). The second year of Director Kraninger’s tenure has been marked with unprecedented challenges as the American people dealt with the COVID-19 pandemic and the economic disruption it has caused for businesses and consumers alike.

During the pandemic, the CFPB created a coronavirus resources page to provide information for consumers and companies regarding available relief options. The page includes guidance for small businesses and employers, along with tips on managing your finances and avoiding scams. In addition, the CFPB, Department of Agriculture, Department of Housing and Urban Development, Department of Veterans Affairs, and the Federal Housing Finance Agency launched a federal interagency housing website dedicated to providing consumers with information on all the mortgage and housing assistance available during the COVID-19 pandemic.

At the onset of the pandemic in March 2020, the American Financial Services Association similarly created a COVID-19 resources page for members to easily access federal and state resources. The resource page also outlines AFSA’s ongoing efforts on the federal and state level to advocate for the consumer finance industry and their customers.

AFSA and Federal Agencies Provide Educational Resources During COVID-19
Dec 11, 2020

Friday was officially Director Kathleen Kraninger’s second anniversary as Director of the Consumer Financial Protection Bureau (CFPB). The second year of Director Kraninger’s tenure has been marked with unprecedented challenges as … Read the rest

AFSA Comments on Electronic Service
Dec 09, 2020

AFSA’s State Government Affairs (SGA) team recently sent a comment letter to the Texas Supreme Court regarding proposed amendments to the Texas Rules of Civil Procedure that would permit electronic service of citation by social media, email,… Read the rest

Congressional Panels Urge the Administration to Simplify PPP Loans
Dec 03, 2020

This week, Federal Reserve (Fed) Chairman Jerome Powell and U.S. Treasury Secretary Steven Mnuchin testified before the Senate Banking Committee and House Financial Services Committee to discuss the federal government’s response to … Read the rest

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

Remove the Rate Cap from the Jobs and Neighborhood Investment Act
Sep 02, 2020

The objectives of the bipartisan, bicameral legislation, Jobs and Neighborhood Investment Act, are laudable. These bills, H.R. 7709 and S. 4255, direct billions in new investments to help low-income and minority communities withstand… Read the rest

State Government Affairs Resources
Aug 12, 2020

State Government Affairs Resources

The State Government Affairs department develops a wealth of issues management materials to support state and local lobbying activities. These resources include talking points, white papers, 50 state

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State Government Affairs
Aug 12, 2020

The State Government Affairs Department plays an extensive, broad-based role on behalf of AFSA members by comprehensively addressing legislative and regulatory issues on the state level. In addition to direct advocacy, where appropriate,… Read the rest

AFSA Supports Uniform CECL Standards
Jul 29, 2020

Today, the American Financial Services Association (AFSA) joined several other financial services trade associations in a letter urging Congressional leaders to pass legislation to uniformly apply the Federal Accounting Standards… Read the rest

ICYMI | AFSA Locked In During Lock Down
Jun 09, 2020

AFSA has been working hard during the coronavirus pandemic to protect access to consumer credit and choice. To the left are some of the many initiatives that AFSA has undertaken. On the AFSA Extra Credit Podcast, recorded last wekk, we spokeRead the rest

Expanding Lending Facility Will Expand Consumer Opportunity
Jun 05, 2020

In late May the Federal Reserve finally announced details of its next highly appreciated emergency lending facility, the Main Street Lending Program (MSLP). The goal of the MSLP is tohelp small and medium-sized businesses that were financiallysound… Read the rest

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