On September 19, the Consumer Financial Protection Bureau (CFPB) released a blog post examining data from its Consumer Credit Panel (CCP). Across all credit tiers loans originated in 2021 are showing a 13% higher rate...
Read MoreOn September 30, the Federal Reserve announced it will launch a pilot climate scenario analysis exercise with six of the nation's largest banks. The pilot program which will begin in early 2023 will assess the...
Read MoreOn September 30, SFA submitted an amicus brief to the Third Circuit Appellate in the CFPB v. NCSLT case. The brief further supports SFA’s advocacy efforts, reinforcing the negative impact on the securitization market if...
Read MoreThe Wall Street Journal recently reported on three indicators that point toward consumer behavior through the end of the year. The increase in consumer confidence, which was above analysts’ expectations, improved along with gasoline prices. New single-family...
Read MoreOn September 28 business trade associations filed a complaint against the CFPB in response to the Bureau’s March 2022 update of its examination guidelines. The update means to extend the Federal fair lending protections of credit products...
Read MoreOn September 22, the Consumer Financial Protection Bureau (CFPB) published a Request for Information (RFI) on targeted and streamlined mortgage refinances, as well as on mortgage forbearance and other loss mitigation. SFA has a launched a new...
Read MoreThis Monday, September 12, SFA submitted a comment letter to the Federal Trade Commission (FTC) in response to their proposal related to the sale, financing, and leasing of motor vehicles by dealers. The proposal aims to address unfair...
Read Morehttps://www.youtube.com/watch?v=xs6YXgC89gs Our CEO, Michael Bright, recently joined FOX 5 DC to talk about how inflation is impacting individuals, families, and the financial market across our country. Related Resources: Michael Bright Fox Business Tonight Cheddar Business News Michael...
Read Morehttps://youtu.be/dMYS2A1T0Dk What are the Administration’s goals and plans for housing? How is that being carried out by regulators and policymakers? Will the midterms affect the political prognosis for housing? How is CFPB looking at operational...
Read Morehttps://youtu.be/ZLK0wDJTAjM Typical Structures: Auto loans, leases, dealer floorplan loans and other auto deals Important Transaction Terms and Disclosure Issues Credit, Underwriting, and Servicing Issuer perspectives, motivation and implications electronic chattel paper Tips on efficiency in...
Read MoreSigns that Fed’s Aggression on Inflation is Working: Michael Bright, SFA’s CEO Weighs In Structured Finance Association CEO Michael Bright discusses the probability of the economy going into recession on ‘FOX Business Tonight.’ Click here...
Read MoreSigns that Fed’s Aggression on Inflation is Working: Michael Bright, SFA’s CEO Weighs In Structured Finance Association CEO Michael Bright discusses the probability of the economy going into recession on ‘FOX Business Tonight.’ Click here...
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