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.

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.

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, Fla.

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 to engage consumers when they are most motivated to respond. Learn how the right prescreening process can help identify consumers who are more likely to respond to credit offers and are likely to repay.

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 banks. The letter spelled out the importance that the creation of new industrial banks has and pushed the FDIC to make the process easier.

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 locations, including trends in introductions of such ordinances and recent state legislation setting requirements for municipalities looking to regulate small lending.

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 of credit for service members and their families, the benefits of industrial bank charters, the FDIC’s request for information on small-dollar lending, and the increasing Telephone Consumer Protection Act (TCPA) litigation.

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 to determine if and when using Blockchain is right for their businesses.

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

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 retired at the end of January after more than 30 years of service.