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Smith to Head Third-Party Servicing for Triad

April 06, 2009

NORTH RICHLAND HILLS, Texas – Triad Financial has announced that Stephen Smith will oversee the company’s third-party servicing efforts. In his role as director of portfolio servicing, Smith will manage Triad’s business development initiatives, client relations and the daily operations of servicing clients’ consumer vehicle loans.

"I believe Steve is the right person to help us shape our future as a top third-party servicer," said Scott France, Triad's senior vice president of portfolio management. "He understands our clients’ needs, because he’s walked in their shoes. With experience on both the client and outsourcing sides, Steve lends a unique perspective that will serve Triad very well."

Smith joined Triad's risk management team in January 2008. He brings nearly 20 years of financial services experience, including nine years at Dallas-based Auto One Acceptance Corp., where he served as manager of loan servicing and later as vice president and compliance officer. Prior to joining Triad, Smith was senior vice president at American Bank N.A., also based in Dallas.

"I plan to help grow Triad’s third-party servicing into a sustainable business that is one of the strongest in the industry," Smith said. "Triad’s 20-year track record of successful portfolio management is no accident. Our expert staff, large scale, proven technology and established relationships are the reasons behind our results — and I look forward to showing more clients how we can help maximize their profits too.”

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