ABA Consumer Financial Services Committee

The CFSC also welcomes diverse panels of speakers presenting on a wide-range of topics.

The mission of the Consumer Financial Services Committee is to provide excellent educational and networking opportunities for its members, who represent consumers, industry, agencies, and regulators. About our Committee:
The Consumer Financial Services Committee (CFSC) is comprised of approximately 1400 members representing consumers, industry, agencies, and regulators in the practices areas of

• Housing and personal property finance
• Truth in lending
• Financial privacy, credit reporting, information security and identity theft
• Federal preemption of state and local laws
• Electronic delivery of consumer financial services
• Stored value and credit cards
• Credit discrimination and fair access to financial services
• Litigation and arbitration
• Debt collection and consumer bankruptcy
• Compliance management
• Deposit products and payment systems and
• Federal and state trade practices

How to Get Involved:

Are you interested in joining or working with the Consumer Financial Services Committee? There are several ways to become involved:

• Attend a Meeting
Many of our members meet at any of our three annual meetings, including the Business Law Section (BLS) Spring Meeting, the BLS Annual Meeting, and the CFSC Winter Meeting, at which numerous substantive subcommittees within the CFSC present CLE programs addressing a wide variety of relevant consumer finance topics.

• Join our Young Lawyers or In-House Counsel Subcommittees
The CFSC also has both a Young Lawyers Subcommittee and an In-House Counsel Subcommittee to engage members with content particular to their roles within the legal profession.

• Publish or Speak
CFSC acts as a resource to agencies as legislation or regulations are promulgated. The CFSC publishes the preeminent Annual Survey of Consumer Financial Services Law, sponsors the annual Consumer Financial Services Institute for new practitioners, assists committee members seeking to publish books or treatises, and publishes a quarterly e-newsletter focusing on recent developments in consumer finance law. If you would like to speak at a CFSC conference, please contact the Chair and Vice-Chairs of a subcommittee, using the contact information available on the CFSC website.

• Join Leadership
The CFSC offers Young Lawyer Liaison positions for newer lawyers to participate in the leadership of all of our subcommittees. Additionally, the CFSC has a revolving roster of leadership roles, from participation as a Chair or Vice-Chair of a subcommittee to the CFSC Chair and Vice-Chair roles. Using our page:
This page is provided to inform our current and prospective members about Committee news and events. Please note that use of the Page is governed by the ABA’s Code of Conduct. The posts (and any corresponding materials) and views on this page have not been approved by the ABA, the Consumer Financial Services Committee, or their staff or governing bodies.

09/17/2022

This program will discuss emerging topics in FCRA litigation that have arisen since the start of the COVID-19 global pandemic. Topics may include new decisions concerning standing, distinctions to be drawn in furnisher liability claims, evolution of the "willfulness" standard, and others.

09/17/2022

With a new administration comes new priorities. The panel will discuss trends in debt collection, including recent advisories and bulletins from the Consumer Financial Protection Bureau.

09/16/2022

Claims of appraisal bias can raise complicated fair lending, housing policy, and business issues. This panel will discuss the legal structure surrounding appraisal bias, recent enforcement actions, and how mortgage lenders and investors can address these regulatory challenges.

09/16/2022

The panel will discuss the enforcement risks and other considerations for financial services providers involved in cryptocurrency and other digital assets. The primary focus will be on federal and notable state law enforcement risk as well as financial regulatory, supervisory, and other compliance considerations.

09/16/2022

Join us as we discuss dispute resolution obligations for various parties within payment systems, from traditional depository financial institutions, to P2P payment providers, to other fintechs. Our panel will focus on recent developments in dispute resolution, including the impact of the CFPB’s Regulation E FAQs and the movement to provide consumers financial relief from fraud.

09/16/2022

This program will provide a discussion of the proposed interagency Community Reinvestment Act rulemaking, with a focus on how it may impact community and regional banks, as well as other stakeholders.

09/15/2022

Are you new to the CFSC? Come to our welcome meeting at 3:30 PM in the International Ballroom East, Concourse Level.

09/15/2022

Our 1st afternoon panel explores:
1. creating & administering special purpose credit programs
2. generating accurate, principal reasons for adverse action notices when using machine learning models in underwriting
3. mitigating bias in automated valuation models.

09/15/2022

Under the current Administration, regulators have set expectations on how they regulate the industry. Join this panel today at 10 AM ET for a review of what we are seeing from regulators so far and what we anticipate seeing going forward

09/15/2022

Join us for the CFSC's first CLE of the 2022 Business Law Section Annual Meeting, New Opportunities for Lenders and Borrowers Under Special Purpose Programs. This program will review the efficacy and opportunities of Special Purpose Credit Programs and address legal and regulatory requirements.
#