The Financial Accounting Standards Board (FASB) rejected yesterday a proposal brought by several financial institutions and trade associations, including AFSA. The proposal would have softened the impact of a change that will force banks to book losses much faster.

On April 2, the Consumer Financial Protection Bureau (CFPB) released Home Mortgage Disclosure Act (HMDA) data for 2018.

AFSA's April State Government Affairs white paper is now available. This month's white paper covers the state response to the recent federal government shutdown. While the federal government was partially shutdown for a record 35 days, several states pushed for legislation to temporarily put hold on certain credit obligations to provide relief for affected federal employees. The white paper takes an in-depth look at this legislation, as well as other similar efforts, including stays of foreclosure and state loan programs. The paper is also available under the State Resources section of AFSA’s website.

AFSA looks forward to examining the 2018 HMDA data in detail during the coming weeks.

WASHINGTON–(BUSINESS WIRE)–The American Financial Services Association (AFSA) today announced that Bill Himpler, President-elect of the association since last November, becomes President & CEO, succeeding Chris Stinebert, who is retiring at the end of the year.

AFSA’s Celia Winslow, Vice President of Legal & Regulatory Affairs, discusses the association’s recent Law & Compliance Symposium and the latest legal and regulatory issues impacting members in the next installment of AFSA Today, the association’s podcast.

Join AFSA on Thursday, April 11, at 2 p.m. ET for Jurisdictional Challenges in Motor Vehicle Lending: What You Need to Know, presented by Wolters Kluwer.

AFSA would like to welcome the following new members to the association:

AFSA Education Foundation Executive Director, Rhonda Ashburn recently had the opportunity to speak with a reporter from Automotive News, the primary news source for the global auto industry. Click here to read Jackie Charniga’s article, “Managing Money: Everyone’s Responsibility,” which highlights the AFSA Education Foundation’s premier personal finance education offering, MoneySKILL. To learn more about MoneySKILL, visit www.moneyskill.org.

Late last month, the House Committee on Appropriations requested information on suggested appropriations for upcoming fiscal 2020. Congressional committees often ask constituents and industry stakeholders for suggestions on how to most effectively distribute funds and set priorities.