The NAF Association Road Forward – Lender Guidance

The National Automotive Finance Association (NAF Association) was organized in 1996, with the mission of exclusively serving the non-prime auto finance industry. Since inception,...

I Remember Jack Tracey

I’ll miss Jack Tracey. I first met him nearly 50 years ago when, as a young banker with a Pittsburgh bank, he had been...

The NAF Association – Hi Ho Silver!

The National Automotive Finance Association (NAF Association) was created 25 years ago by a group of founding fathers that are as active today as...

NAF Association Non-Prime Auto Financing Conference Update

2020 Event Goes Virtual The COVID 19 pandemic is still determining every movement of our lives. The NAF Association, in conjunction with Used Car Week, has...

Clear Skies Ahead? CFPB Launches Pilot Advisory Opinion Program

On June 22, the CFPB formally launched a pilot advisory opinion (AO) program (Pilot AO Program) that would allow entities seeking to comply with...

Used Car Week & NAF Association Join Together for Annual Conferences

The annual Non-Prime Auto Financing Conference will take place as a part of Used Car Week, opening with the annual golf event on November...

Message from NAF Association’s Executive Director

The National Automotive Finance (NAF) Association is the only trade association exclusively representing the interests of the non-prime auto finance industry. Our Annual Non-Prime...

CFPB Issues Policy Statement on ‘Abusiveness’: A Step in the Right Direction?

On January 24, the CFPB issued a Policy Statement to provide clarification on how it will apply the "abusiveness" standard in supervision and enforcement...

The Case for Unifying Standards in the Recovery Process

In 2018, the National Automotive Finance Association (NAF Association) joined forces with the American Recovery Association (ARA) and assembled a working group of banks...

Meeting with the CFPB

Joel Kennedy, the newly elected president of the NAF Association, and I met recently with CFPB representatives Jennifer Stockett, Deputy Assistant Director, Office of...
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