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OCC Pauses Fair Access Rule
Feb 01, 2021

Last week, the Office of the Comptroller of the Currency (OCC) announced that it is pausing the publication of the recently finalized Fair Access Rule. The Biden Administration has asked all federal agencies to pause rulemakings that are not yet finalized, published in the Federal Register, or in effect and to review those rulemakings. While […]

2021 AFSA Independents Conference & Expo April Date Cancelled
Jan 29, 2021

New Date and Location Forthcoming We understand the important role that in-person AFSA Meetings play for our Members and Business Partners. Our intent had been to hold an in-person 2021 Independents Conference between April 6  and 8, 2021 in Miami Beach, FL. Unfortunately, Loews Miami Beach was unable to accommodate our expected attendance at this meeting. If you have held those […]

Durkin & Winslow Breakdown CFPB Taskforce Report
Jan 29, 2021

In early January the Consumer Financial Protection Bureau released its Taskforce on Federal Consumer Financial Law Report. As AFSA noted, it’s the first time the federal government has done a thorough report on the consumer financial services industry since the 1970s. The report is long; it’s two volumes add up to about 900 pages and […]

Members Do Business with AFSA Business Partners
Jan 28, 2021

ACT NOW – Join AFSA by February 15, 2021 and receive two complimentary registrations to the upcoming Vehicle Finance Conference – A $1350 value! Is your company part of our Business Partner network? Are you maximizing your reach in the consumer finance space? AFSA is your connection to the $300 billion consumer credit marketplace, including consumer […]

Accelerating Diversity & Inclusion
Jan 27, 2021

Join Poyner Spruill Diversity Adviser Cheslie Kryst, JD, MBA, at the 2021 AFSA Vehicle Finance Conference for her insights on diversity and inclusion, particularly in the financial-services arena, as well as the quickly evolving social justice movement in the United States. Kryst’s presentation will be followed by a panel discussion with auto-finance professionals. Cheslie Kryst […]

ICYMI | Big Changes Ahead at the CFPB
Jan 26, 2021

AFSA President & CEO Bill Himpler interviewed Mr. Chopra during the 2020 AFSA Annual Meeting. You can view that conversation here. President Joe Biden announced his intention to nominate Federal Trade Commissioner Rohit Chopra to serve as Director of the Consumer Financial Protection Bureau. And late on Inauguration Day, President Biden announced that Dave Uejio, […]

Do you want Vehicle Finance Conference Goodies?
Jan 25, 2021

Not only is the 2021 Vehicle Finance chock full of great speakers and sessions, but attendees can look forward to getting lots of great goodies from our sponsors. Interested? We thought so. Register by February 1st to ensure that you get all of the conference goodies in time for the conference on February 23-25! Here’s […]

Trend-setting: How Far, How Fast?
Jan 25, 2021

Join Sheryl Connelly, Corporate Futurist with Ford Motor Company, at the 2021 Vehicle Finance Conference as she highlights trends in the social, technological, economic, environmental, and political arenas. Attendees will hear Sheryl’s insight on shifts in consumer behavior, values and attitudes that will help you shape your business in the years ahead.  Get all the information […]

Illinois’s 36% Solution is No Solution At All
Jan 22, 2021

Earlier today, the American Financial Services Association, the Illinois Financial Services Association, the Independent Finance Association of Illinois, and the Illinois Automobile Dealers Association wrote to Illinois Gov. J.B. Pritzker to express concerns with Senate Bill 1792, and urge a veto on the bill, which would create the Predatory Loan Prevention Act and institute a […]

Big Changes Ahead at the CFPB
Jan 21, 2021

President Joe Biden announced his intention to nominate Federal Trade Commissioner Rohit Chopra to serve as Director of the Consumer Financial Protection Bureau. And late on Inauguration Day, President Biden announced that Dave Uejio, currently head of strategy at the agency would serve as acting director until Chopra is confirmed. As Bloomberg reported this morning: […]

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