Post Tagged with: "World Omni Financial Corp."

Southeast Toyota Finance May Tighten Credit

Southeast Toyota Finance May Tighten Credit

August 11, 2017 at 10:00 am 0 comments

Southeast Toyota Finance, is mulling modest modifications to underwriting and programs this year to reduce risk, said Dan Chait, president of World Omni Financial Corp., which oversees the captive. Lenders across the industry are tightening credit to reduce risk, Chait told Auto Finance News. “We realized this [trend] is justRead More

World Omni Makes Series of Executive Changes

World Omni Makes Series of Executive Changes

August 3, 2017 at 10:15 am 2 comments

JM Family Enterprises has announced a series of senior-level executive changes over the course of two months. Among the appointments include Stephan Artusi, who was promoted to group vice president and general counsel at the company at the end of July. In Artusi’s new position, he will oversee all of theRead More

World Omni Seeks Talent For A.I. Advances

World Omni Seeks Talent For A.I. Advances

May 9, 2017 at 10:10 am 1 comment

World Omni Financial Corp. is partnering with universities in Florida and utilizing Ph.D. candidates as part of its overal l focus on data integration and utilizing analytics, said Alfredo Cateriano, vice president of risk management, data, and analytics. “We’re partnering with scientists, statisticians, econometricians, and operations research,” he told AFN.Read More

World Omni to Make Big Push on Tech, Analytics in 2017

World Omni to Make Big Push on Tech, Analytics in 2017

March 16, 2017 at 10:45 am 0 comments

The auto finance market is moving faster than expected for World Omni Financial Corp., which is why the lender is focusing much of its efforts in 2017 on data integration and utilizing analytics, said Alfredo Cateriano, vice president of risk management, data, and analytics. “Our biggest challenge at World Omni,Read More

World Omni to Integrate Consumer Loan Histories Into Servicing System

World Omni to Integrate Consumer Loan Histories Into Servicing System

January 26, 2017 at 10:30 am 1 comment

World Omni Financial Corp. is updating its digital platforms to better meet customer preferences and improve service this year, President Dan Chait told Auto Finance News. “We are investing a bit in IT to make sure we are interacting with our customer in the most flexible and helpful way possible,”Read More

Baseball Statistics Provide Lessons for Auto Finance Industry

Baseball Statistics Provide Lessons for Auto Finance Industry

November 29, 2016 at 11:50 am 0 comments

The auto finance industry should not only embrace data, but be willing to completely tear down the old ways of thinking to come up with innovative ways of analyzing that data, said Rod Arends, vice president of World Omni Financial Corp., at Used Car Week’s Subprime Forum. Data has “matteredRead More

World Omni: Latest ABS Issuance Brings ‘Broad Investor Interest’ [VIDEO]

World Omni: Latest ABS Issuance Brings ‘Broad Investor Interest’ [VIDEO]

September 27, 2016 at 12:09 pm 0 comments

MIAMI — World Omni Financial Corp. heated up the securitization pipeline for the second time this year with a $941.5 million transaction, according to a presale report from Fitch Ratings Agency. However, the transaction showed a high percentage of extended-term loans, and slightly weaker credit quality, according to Fitch. The issuance —Read More

World Omni Boosts Customer Communication Efforts

World Omni Boosts Customer Communication Efforts

August 22, 2016 at 11:00 am 0 comments

World Omni Financial Corp. and subsidiary Southeast Toyota Finance are enhancing customer communication efforts to better serve multiple generations and move the company closer to a multi-channel platform, said Ed Brown, World Omni’s group vice president of operations. “We hear a lot about millennials,” Brown told Auto Finance News. “We are spendingRead More

JM Family Promotes Three

JM Family Promotes Three

September 7, 2014 at 10:00 am 0 comments

JM Family Enterprises Inc. has promoted Brent Burns to chief operating officer, Jorge Gonzalez to chief financial officer, and Kim Magner to vice president of corporate taxes. In his new role, Burns will oversee JM Family’s primary operating business units: Southeast Toyota Distributors, World Omni Financial Corp., and JM&A Group.Read More

Joanna Sherry Joins World Omni

Joanna Sherry Joins World Omni

July 25, 2014 at 11:45 am 1 comment

Joanna Sherry, a veteran of Ford Motor Co., has moved to World Omni Corp.as the assistant vice president of marketing. World Omni, a subsidiary of JM Family Enterprises, provides services to companies including Southeast Toyota Finance, CenterOne Financial Services, DataScan Field Services, and DataScan Technologies. Sherry began her career in marketingRead More

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