Full Panel of Speakers Set to Discuss Collateral Values at Performance Summit

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Auto Finance News is proud to announce the full list of speakers who will be providing industry insights during the “How Much Will Collateral Values Drop?” panel at this year’s Auto Finance Performance & Compliance Summit to be held May 9-10 at the Omni Dallas.

During the panel, speakers will discuss the state of collateral values today and address topics and questions such as a possible timeline for a steeper decline and metrics for better portfolio management. The panel will also discuss the implications of dropping collateral values on overall enterprise risk.

Keeping a watchful eye on collateral values is necessary as consumers begin switching to used-car financing. New vehicle sales are expected to slip to 16.7 million units in 2018, down from 17.1 million last year, as more consumers move to used-vehicle financing to avoid the higher prices of new-vehicle loans. New-vehicle loan amounts rose to a record high of $31,099 in the fourth quarter of 2017, according to a Experian’s Auto Finance Report. Average used-vehicle prices are $12,000 lower than new-vehicles.

Executives from RVI Group, J.D. Power, Black Book – National Auto Research, ALG, and Kelley Blue Book will join the panel.

Among the speakers is Rene Abdalah, senior vice president of RVI Group. Abdalah is responsible for vehicle underwriting and his extensive experience in residual risk management includes consulting with bank and captive lessors on appropriate reserve estimates.

Laurence Dixon is the senior vice director of business development with J.D. Power where he leads a team which delivers data-driven insights and identifies risks and opportunities related to the used-vehicle market for the automotive industry, financial institutions, businesses, and consumers.

Also joining the panel is Anil Goyal, executive vice president of operations at Black Book. Goyal is responsible for the editorial, analytic and data operations at Black Book for all market segments and has held a number of senior positions in the banking industry.

Morgan Hansen is senior director of data science for ALG, responsible for the predictive models used to understand the current and future automotive markets.

Completing the panel is Eric Ibara, director of residual value consulting for Kelley Blue Book where he oversees the company’s residual value forecasts and regularly meets with vehicle manufacturers, finance companies and automotive fleet companies to provide consulting services.

The “How Much Will Collateral Values Drop?” panel will take place on May 10 at 4:15 p.m. at the Auto Finance Performance & Compliance Summit.

The Auto Finance Performance & Compliance Summit’s blend of panels and presentations are designed to educate attendees of every level on key issues. To register and see the full list of speakers, visit the event homepage here.

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As Associate Editor of Auto Finance News, Matt Wood reports on the latest developments and trends of the auto and powersports finance world, from innovation to compliance. He's also a movie/TV show buff and is willing to argue about Lost anytime. Former bylines include Scout Media and CinemaBlend.