Former EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC
Member of the Financial Services Council
Richard "Rich" Van Leeuwen retired from Ford Motor Credit Company in August 2006 as the Executive Vice President and Chief Risk Officer. Over a 32 year career at the firm, he held a number of senior operating and staff positions, including overseas postings in Europe and Asia. In Europe he was Managing Director of the UK, Ireland and South Africa. In Asia he was Regional VP responsible for the Asia Pacific Credit Operations. Mr. Van Leeuwen established the first- ever captive loan syndication between the automotive captive finance companies. He started RouteOne, a joint venture between Ford Credit, GMAC, Chrysler Financial and Toyota Credit, to manage the credit applications for automotive lenders in North America. Mr. Van Leeuwen was the Chairman of the Board for that entity until his retirement. He has served on other Boards and Audit, Compensation and Marketing Committees. Mr. Van Leeuwen now provides consulting services specializing in consumer and commercial credit. (This is me - Update Profile)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
Investors Seeking Higher Return Need To Look No Further Than Auto ABS
April 30, 2009
Richard Van Leeuwen, Former EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC
Volkswagen Offers $1 billion TALF-Eligible Deal | money.cnn.com
Auto ABS shut down when mortgage-backed securities imploded. This was unfortunate and unjustified, because it remained a sound investment, particularly when backed by auto loans originated and serviced by sound lenders such as the finance arms of Volkswagen, Honda and Ford. ...
Not All Credit Inquiries Are Created Equal
August 28, 2008
Richard Van Leeuwen, Former EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC
Lenders reject multiple credit applications | www.guardian.co.uk
The current environment affords lenders an opportunity to attain good margins on new business contracted. Therefore, it would be a bad decision to pass business simply because the applicant has a number of recent inquiries in his credit bureau report. More discrimination...
Don't Blame FICO For Your Credit Losses
May 15, 2008
Richard Van Leeuwen, Former EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC
Will Fair Issac FICO score get kicked to the curb? | thestockmasters.com
The FICO score is a valuable component in the underwriting process. However, if a lender uses it to the exclusion of other standard industry best practices, the result will be an under performing portfolio. Create a sound, comprehensive underwriting process and new...
| Study Group Name | No. Members |
|---|---|
| Sub-Prime Auto Lending Experts | 134 |
| Sub-Prime Lending Experts | 590 |
| Asset Backed Securities Experts | 160 |
| Former C-level Executives at Large Companies ($500M+ in Sales) Who Are in Member Programs | 2511 |
Richard Van Leeuwen has not participated in any GLG Live Meetings.