Triad Financial Names Stephen Smith to Oversee Third-Party Servicing Efforts
Triad Financial appointed Stephen Smith to 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.
NORTH RICHLAND HILLS, Texas — Triad Financial appointed Stephen Smith to 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.
Smith joined Triad in January 2008 as a risk management leader. He brings nearly 20 years of financial services experience, including nine years at Auto One Acceptance Corp. in Dallas, Texas, where he served as manager of loan servicing and later as vice president and compliance officer. Prior to joining Triad, Smith managed American Bank N.A., in Dallas as the bank’s senior vice president.
Scott France, senior vice president of portfolio management at Triad, says, “I believe Steve is the right person to help us shape our future as a top third-party servicer. 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 is equally as excited about the company’s future. “I plan to help grow Triad’s third-party servicing into a sustainable business that is one of the strongest in the industry,” he says. “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.”
As part of Smith’s new role, he will appear at several trade shows in 2009, including the upcoming Texas Credit Union League’s 75th Annual Meeting and Exposition. This event, held April 14-17 at the Hilton Austin, will welcome about 1,500 credit union leaders and employees from across the state. Triad invites attendees to visit their booth (No. 614), meet Smith and other company leaders, and learn more about their services.
More Auto Finance

July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →