Auto Loan Accommodations: Insights from the Past, Applications for the Present | December 3, 2020
The COVID-19 pandemic significantly impacted consumers and businesses, and the auto industry is one of many that provided deferral and forbearance programs on existing loans. What will the pandemic’s long-term effects mean for the auto finance industry? Will the deferral and forbearance programs provide sufficient relief to consumers? We’ll take a deep dive into the impact of these programs and profile consumers to help lenders manage their existing portfolios and prepare for future originations.
Presenter: Richard Francisco, Vice President, Auto Market Development Strategy, TransUnion
Rich Francisco joined TransUnion in 2009 and is currently Vice President for Market Development for the Automotive Group. In this capacity, he leads TransUnion’s efforts to drive adoption of TU solutions in auto finance. He has also held roles in Market Development for TransUnion’s Mortgage, Capital Markets and Integrated Solutions groups. Prior to joining TransUnion, Rich held positions at HSBC Auto Finance where he was responsible for direct-to-consumer marketing, and then led operations and product strategy for consumer finance branch-based auto lending.
Rich holds a Bachelor’s degree from the University of Michigan and a MBA from Washington University Olin School of Business.