|
|
|
Federal Updates
Subprime Uncle Sam
October 1, 2009
As financial institutions face new "capital cushion" requirements to lower risks and losses to taxpayers, some observers believe the Federal Housing Administration (FHA) should abide by the same requirements given that the number of high-risk mortgages backed by the agency has reached record heights.
AFSA to Dealers: We’re Not Out of the Woods yet with Proposed CFPA
November 13, 2009
AFSA President & CEO Chris Stinebert penned an op-ed for F&I Management & Technology Magazine explaining how the CFPA could still negatively impact dealers.
AFSA Discusses CFPA on FoxBusiness.com Live
November 12, 2009
AFSA Executive Vice President Bill Himpler emphasized how the CFPA would add layers of bureacracy and limit access to credit in a Nov. 11 interview on FoxBusiness.com Live.
AFSA Debates CFPA in Costco Connection Magazine
November 3, 2009
AFSA President & CEO Chris Stinebert provides a strong argument against the proposed Consumer Financial Protection Agency (CFPA) in the November 2009 issue of The Costco Connection, a magazine reaching more than 8 million businesses and households.
Disagreements Abound between Obama’s Chief Economic Advisor, Finance Company Executives (PDF)
October 28, 2009
AFSA Opposes Creation of CFPA in Letter to House Financial Services Committee (PDF)
October 14, 2009
AFSA Submits Comment Letter on NY Mortgage Loan Originator Licensing Requirements (PDF)
October 12, 2009
AFSA Comment Letter Responds to Fed Rule Implementing Card Act (PDF)
September 21, 2009
Consumer Financial Protection Agency Act Not Correct Approach, Says Joint Trade Letter (PDF)
September 18, 2009
AFSA was among 25 trade groups that sent a joint letter to Congress expressing concerns regarding the unprecedented scope and regulatory authority of the proposed CFPA.
House Financial Services Committee Vote in Favor of CFPA a Step Backward, AFSA Says (PDF)
October 22, 2009
One-Size-Fits-All Approach Not Practical for Financial Services Regulation, Says AFSA (PDF)
September 30, 2009
AFSA Reaction to Revised CFPA Discussion Draft (PDF)
September 25, 2009
Statement on President Obama's Financial Regulatory Reform Remarks (PDF)
September 14, 2009
|
|
|
