Auto Finance News is pleased to announce that Lou Geibel, executive vice president of financial services firm Vervent, will join a panel discussion on the role of trustees and title verification during Auto Finance Capital Summit, taking place May 11-12 at JW Marriott Nashville. 

Geibel will participate in the “Trust but verify: Trustees and title verification after Tricolor” discussion on Tuesday, May 12, at 11:30 a.m. CT to discuss double-pledging, compliance guidelines, risk management best practices and avoiding credit failures following Tricolor’s bankruptcy. 

View the full event agenda.  

Vervent is the servicer for Tricolor’s defaulted loan portfolio, which issued more than $2.2 billion in asset-backed securitization (ABS) deals since November 2018, according to CreditFlow, which monitors securities. Vervent has also taken over the sales of Tricolor’s 9,500 remaining vehicles. 

Geibel has nearly 30 years of experience in financial services and leads Vervent’s Primary Servicing and Capital Markets organizations, a role he’s held for nearly six years.  

Prior to joining Vervent, Geibel was senior vice president and chief trust officer at WSFS Bank and president of Delaware trust services firm Christiana Trust.  

The Auto Finance Capital Summit brings together industry leaders and experts to gain valuable insights on capital strategy, liquidity management, funding diversification, institutional partnerships and private credit. 

Learn more and register for the event here.