Yesterday, AFSA sent a letter to President-elect Trump to re-familiarize him with the mission of AFSA and its members. Recent overreach by such regulators as the Consumer Financial Protection Bureau (CFPB) have hurt businesses trying to serve American consumers. AFSA appreciates President Trump’s economic vision that Americans should have access to responsible and safe financial […]

Join Lightico and GM Financial on December 5th at 2:oo p.m. EST to discover how digitization is reshaping auto finance. Learn how GM Financial streamlined customer processes, improved efficiency and ensured compliance while delivering exceptional customer experiences. What you’ll learn: Why digitizing customer engagements is a game-changer for auto finance. Key strategies GM Financial used to overcome legacy process […]

AFSA’s State Government Affairs team released their state trifecta and majority overview. Michigan and Minnesota lost their Democrat trifectas by losing control of their respective state houses, while New Hampshire Republicans held their trifecta by narrow margins. After the 2024 election there are now 38 trifectas at the state government level where one party controls the […]

A lame-duck session of Congress occurs whenever one Congress meets after its successor is elected, but before the successor’s term begins. In current practice this means any meeting of Congress after Election Day, but before the next Congress convenes the following January, is a lame-duck session. Despite the moniker, Congress still has its full powers to act from the Wednesday […]

Join the discussion with an outstanding lineup of speakers offering invaluable insights on the fast-evolving vehicle-finance landscape, tackling pressing topics, and highlighting potential challenges, opportunities, and innovative strategies to address them. The 2025 VF Conference & Expo promises deep dives on the trends transforming your business and the consumer experience. If your priorities are… Leveraging […]

AFSA’s State Government Affairs team released their 2024 Post-Election Report. The 2024 elections saw key shifts in state-level power, with Republicans making significant gains, including flipping Michigan’s House and narrowing control in Pennsylvania. Democrats managed to tie the Arizona Senate and break GOP supermajorities in North Carolina and Wisconsin. However, Vermont lost its Democratic supermajorities, and […]

In the week since the election, President-elect Trump has been announcing Cabinet nominees and presidential appointments. The nominee for CFPB Director has not yet been announced, and, even when announced, will not be able to take office until confirmed by the Senate. Once President-elect Trump is sworn in on January 20, he will have the […]

“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan Bucherer. This year has tested our personal and professional resiliency. From tragic natural disasters to political uncertainty, to inflation, affordability, and regulatory over-reach, lenders are […]

“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan Bucherer. In the automotive and wholesale industry, inventory risk management is crucial for lenders who must protect their collateral while also enabling dealer operations. Traditionally, […]

Last week, AFSA’s State Government Affairs released its November white paper on reverse mortgages and how legislation and regulations have imposed changes for consumers. The origin of reverse mortgages began in 1987 when the Home Equity Conversion Mortgage (HECM) program was first established and then subsequently insured by the Federal Housing Administration (FHA) in 1989. The 1990’s and 2000’s […]