Approximately 60 executives representing the leadership of the American Financial Services Association’s (AFSA) Vehicle Finance Division and the National Automobile Dealer Association’s (NADA) dealers and staff met this week in Washington, DC, to discuss ideas, issues and concerns for the U.S. automotive retail channel.

President Donald Trump this week nominated Kathleen “Kathy” Kraninger as the new Director of the Bureau of Consumer Financial Protection (BCFP).

On Tuesday, the American Financial Services Education Foundation (AFSAEF) launched the Spanish language version of its free online personal finance course, MoneySKILL®.

The myth of the subprime bubble in the auto lending industry was dispelled by a leading analyst today at a conference of consumer finance company executives and state regulators.

WoltersKluwer

AFSA will be making small changes to the website and association database from 2:00 – 3:00 p.m. ET today. As such, you may experience intermittent disruptions accessing AFSA resources.

We apologize for the inconvenience. If you have any questions, or require immediate assistance, please contact Sheilah Harrison at sharrison@afsamail.org.

In response to a request for information from the Bureau of Consumer Financial Protection on its external engagements, AFSA wrote that the Bureau should improve field hearings so that they provide more meaningful feedback, instead of functioning as well-attended and lengthy press conferences designed to justify a proposed rule.

We’re just three weeks away from the 2018 NACCA/AFSA State Government Affairs & Legal Issues Forum in Turnberry Isle, Fla. This year’s regulator, industry joint day will be held on June 7 and several information-packed sessions are on the docket.

The American Financial Services Association (AFSA) held its 28th annual Credit Summit for Fixed Income Investors today in Midtown Manhattan, in close proximity to the offices of many of the 170 attendees.