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Changes in Transportation Models a Greater Threat Than Economic Downturn, CPS CFO Says

While a looming economic downturn has prompted auto financiers to find strategies to protect profit margins, Consumer Portfolio Services Chief Financial Officer Jeff Fritz said lenders should be thinking about how the personal transportation model is transforming. “Don’t be so occupied stamping out the ants that you miss the elephants coming over the wall,” Fritz warned […]

CPS Bumps Up Dealer Contract Prices to Protect Cost of Funds, CFO Says

SAN DIEGO — Consumer Portfolio Services is increasing contract prices to dealer partners “a couple of bucks” to preserve cost of funds in advance of a looming downturn, Executive Vice President and Chief Financial Officer Jeffrey Fritz said at the Auto Finance Risk Summit this month. “If my margins are getting squeezed because the cost […]

Carvana’s VP of Strategy Talks Customer-Focused Financing at the Auto Finance Sales and Marketing Summit

Carvana’s Vice President of Strategy, Christina Keiser, will join the Auto Finance Sales and Marketing Summit at the Omni San Diego for a dynamic presentation entitled, “Customer First, Facilitating a Seamless Buying and Lending Experience.” The presentation — which takes place on Monday, May 13, at 3:00 p.m. PT — will explore how lenders can […]

BMW Financial to Explore Compliance Strategies at Auto Finance Risk Summit

BMW Financial Services’ compliance manager, Richard Corthell, has joined the speaker faculty at the Auto Finance Risk Summit to discuss the various ways lenders can establish an organizational structure that assigns compliance responsibility. Corthell takes the stage on Thursday, May 16 at 9:05 a.m. PT for a presentation where he’ll guide the audience through strategies […]

Ally Financial Joins Speaker Faculty at Auto Finance Risk Summit

Ally Financial’s executive director of social media and marketing innovation will delve into social media risk at the Auto Finance Risk Summit, which takes place May 15-16. Saloni Janveja will take the stage on May 15 at 3:45 p.m. for a presentation entitled “Keys to Managing Social Media Risk.” She will discuss compliance in the […]
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