Executives from subprime lenders Automotive Credit Corp., Flagship Credit Acceptance and Tricolor Auto will take part in a panel discussion about the subprime market at Auto Finance Summit East on May 12 at 9:45 a.m. CT in Nashville, Tenn.
Subprime lenders and consumers are facing uncertainty in the auto market amid current macroeconomic conditions as vehicle prices, interest rates and the cost of funds are elevated and consumer credit performance is worsening.
Scott Fontaine, chief risk officer at Flagship Credit Acceptance; David Goodgame, chief operating officer at Tricolor Auto; and Michael Opdahl, chief operating officer at Automotive Credit Corp., will take the stage to discuss the state of subprime lending, new thinking on subprime underwriting and credit analysis, and regional subprime trends.
The panelists
Fontaine joined Flagship Credit in February 2020 and brings 20 years of experience in developing tools for asset-based financing. He previously spent nine years at Ally Financial as executive director of automotive modeling, valuations and analytics, responsible for analytics covering remarketing, lease residual values and retail loss forecasting.
Goodgame has 16 years of experience in supply chain management and analytics, with broad experience in demand planning, forecasting software integration, and sales and operations planning. He joined Tricolor in 2014 following nearly four years at semiconductor manufacturer TriQuint Semiconductor as an industrial and manufacturing engineer and production manager.
Opdahl has been the chief operating officer at Automotive Credit Corp. since 2015, and previously oversaw the growth and operations of subprime lender MarkOne Financial. He has nearly 25 years of experience in consumer and asset-based lending. Opdahl’s experience includes stints as national sales manager at Tranex Credit Corp. and chief operating officer at Westlake Financial Services.
AFS East features three days of networking, educational sessions and tech demos, including a fireside chat with Chase Auto Chief Executive Peter Muriungi, a presentation on capital markets, and a panel discussion on sales strategies amid higher interest rates.
Auto Finance Summit East, Auto Finance News’ new spring event, is set for May 10-12 at the JW Marriott Nashville, featuring a fireside chat with Peter Muriungi, CEO of Chase Auto. Visit autofinance.live.
