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...

Fraud Friday 2019

2018 marks the year that the NAF Association placed tremendous focus on the topic of fraud in auto. Last year’s efforts by the association...

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...

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,...

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...

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...

National Automotive Finance Association Announces the Appointment of Jennifer Martin to Executive Director

Hanover, Maryland – (February 16, 2022) The Board of Directors of the National Automotive Finance (NAF) Association, a trade association for businesses involved in...

What’s All the Fuss About Anyway?

On any given day, I get a flurry of e-mails from various publications, associations and news sources that provide me with updates on changes...

Actions Speak Louder than Words

One of my all-time favorite sayings is “actions speaker louder than words.” Or, in other words, what you do has a stronger impact on...