Rise of Fintech in Consumer Loans: Threat or Opportunity?

on "August 07, 2020 11:03 am"

In today’s world, it is important to understand how fintech loan originators are addressing challenges brought on by COVID-19.

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Rise of Fintech in Consumer Loans: Threat or Opportunity?
Thursday, August 27, 2020 • 8:30 pm - 10:00 am HST

REGISTER HERE

 
With the rise of fintech firms in consumer loan origination, credit unions face a choice: ignore them, compete with them, or partner with them. Learn how taking an allied partnership approach with the right fintech lender can improve your member experience and add organizational value in a post-COVID-19 world.
 
In today’s world, it is important to understand how fintech loan originators are addressing challenges brought on by COVID-19. We will discuss steps being taken to address the economic impacts the COVID-19 outbreak is having on a borrower's ability to repay, both in the front-end underwriting and verification processes and implementing conservative underwriting changes.
 
In this webinar, you will learn how to identify the right avenues of cooperation and navigate potential pitfalls in developing strategic partnerships with fintech consumer loan originators that will complement or diversify your current lending programs. This webinar will explore various forms of collaboration between credit unions and new fintech consumer loan originators. You will learn about what to look for and what to avoid in credit union-fintech loan origination partnerships.
 
The benefits of a successful partnership with the right fintech consumer loan originator will allow your bank to:
  • Provide new products/services to new members
  • Provide new products/services to existing members
  • Provide existing products/services to new members
  • Become more efficient
  • Complement organic loan originations
  • Diversify loan portfolio
  • Improve ROA, ROI and Loan-to-Deposit Ratio
 
Topics Covered:
 
  • Fintech
  • Consumer Loans
  • Origination Partnerships that span Personal Loans, Auto Loans, Student Loans,
  • Home Improvement Loans, HELOCs, Solar Loans, POS Loans, Boat & RV Loans, and more
  • Forward Flow Programs
  • White Label Programs
  • Bespoke Origination Programs
  • Regulatory Concerns
 
Who Should Attend?
 
This presentation is for senior management, including CEOs, CFOs, CLOs CCOs, COOs, and Presidents. Also recommended to attend include Lending Professionals, Consumer Product Managers, and Strategic Partnership Professionals.
 
About the Presenters
 
Tyler DuBusky is a Co-founder and Principal at Premier Consumer Capital LLC. He has worked in the capital markets throughout his career, advising credit unions and other institutional investors on whole loan sales in the primary and secondary markets, fintech lending partnerships, and other strategic initiatives and balance sheet optimization programs. DuBusky began his career at Morgan Stanley managing a $500mm investment portfolio. He later accepted an offer to serve as Vice President of Loan Portfolio Sales at Pointe Marketing, Inc., a mid-size private equity firm, structuring consumer, residential, and commercial whole loan portfolio sales between loan originators and whole loan buyers. DuBusky and the other principals at Premier Consumer Capital have closed over $5 billion in whole loan trades. PCC’s executive team has completed transactions involving over 350 different financial entities including credit unions, savings and loans, banks, finance companies, asset management firms, insurance companies, and investment banks.DuBusky holds a Bachelor's Degree in Finance and Marketing from California State University Northridge and a Master's in Business Administration from UCLA Anderson School of Management.
 
Kelly Riddle is a finance professional with experience in corporate finance, accounting, investment banking, and whole loan trading. She is a co-founder and principal at Premier Consumer Capital LLC where she works with credit unions and other institutional investors to structure whole loan transactions. Before leaving to start Premier Consumer Capital, Riddle worked for Barclays Capital in its investment banking division as Vice President in the Financial Sponsors Group. Riddle started her career as a tax accountant at International Lease Finance Corporation, an aircraft leasing firm, where she gained experience in corporate governance and financial reporting. She and the other principals at Premier Consumer Capital has closed over $5 billion in whole loan trades. Riddle holds a Bachelor’s Degree in Finance and Business Honors from California State University Northridge and a Master’s in Business Administration from UCLA Anderson School of Management.