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MARCH/APRIL 2004

HOME | CREDIT ARCHIVES

GOVERNMENT AFFAIRS

HUD Withdraws RESPA Rule for Further Review

A HUD proposal due out this year to make homebuying simpler, more transparent and more affordable was withdrawn due to the the extensive concerns from Members of Congress, consumer groups and the business community.

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Federal Reserve Withdraws Proposal
for Changing TILA Regulation

The Federal Reserve announced on March 26 that it will not revise the "clear and conspicuous" standards for Reg Z, the standard implementing the Truth in Lending Act.

Federal Reserve Press Release

Letter sent to the Governors of the Fed from AFSA and various association representatives who met with the Governors to discuss this rule

AFSA Letter on Proposal Sent to Fed on January 30, 2004

AFSA SGR Offers Free StateScape Training

As part of AFSA membership, individuals have access to StateScape's comprehensive web-based monitoring system—legislative or regulatory tracking in all 50 states and the federal government—every day of the year from anywhere in the world.
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AFSA Joins National Conference
of State Legislatures' Foundation

In an ongoing effort to improve communication with state legislators and legislative staff, AFSA has joined the National Conference of State Legislatures' Foundation for State Legislatures as a Sponsor and the NCSL Foundation's Banking and Financial Services Partnership Project.
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Colorado Legislature Passes Landmark Measure

The measure, which will open a new market for personal installment lenders, is awaiting the Governor's signature at press time.
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