CFPB's Hackett to Deliver Keynote at NAF Conference
The National Automotive Finance (NAF) Association announced that Richard P. Hackett, an assistant director at the Consumer Financial Protection Bureau, will be the keynote speaker at the NAF’s 16th annual conference.
HANOVER, Md. -- The National Automotive Finance (NAF) Association announced that Richard P. Hackett, an assistant director at the Consumer Financial Protection Bureau (CFPB), will be the keynote speaker at the NAF’s 16th annual conference. The event is scheduled to take place May 30 to June 1, 2012, at the Omni Fort Worth Hotel in Texas.
“The Association is fortunate to have Rick as our keynote speaker," said Jack Tracey, the NAF Association’s executive director. “The CFPB is just getting off the ground, and our members are interested to learn more about the Bureau. This is one of the first opportunities our members will have to hear directly from the auto financing industry’s regulator. We’re excited to be able to provide this opportunity.”
The keynote presentation will be based on questions submitted in advance by NAF members. The members' questions will be compiled and Tom Hudson, the NAF Association’s counsel, will pose the questions to Hackett at the conference.
Hackett, who spent more than 30 years in private practice representing creditors, currently leads the Installment and Liquidity Lending Group in the Research, Markets and Rulemaking division of the CFPB. His responsibilities at the bureau include advising all divisions on market information, policy and legal issues in the installment and specialty lending areas, including vehicle finance.
For more information, visit www.nafassociation.com.
More Auto Finance

Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
Read More →