VantageScore Solutions hires Latonia Hubbs as Senior Vice President
By Edlyn Cardoza
VantageScore® Solutions, LLC, the company behind the VantageScore credit scoring models, recently announced that Latonia (Toni) D. Hubbs has joined the company as senior vice president and head of Capital Markets and Strategic Alliances. Hubbs joins VantageScore Solutions after serving in multiple senior leadership positions throughout the loan underwriting and securitization ecosystem.
Hubbs most recently served as vice president, U.S. ABS (asset-backed securities) at DBRS Morningstar, where she analyzed various asset classes, supported ABS issuers seeking transaction execution, and led ratings methodology exercises and initiatives. Her experience includes transactions from pools of consumer loans and working with marketplace/FinTech lenders across the credit landscape, including credit card ABS as well as auto loans.
“We are thrilled to add Toni to our senior management team at VantageScore Solutions. Toni’s deep expertise in capital markets strategies will provide VantageScore with great opportunities for market growth – especially among those involved in the securitization of consumer loans,” said Barrett Burns, president and CEO of VantageScore Solutions.
Prior to her tenure at DBRS Morningstar, Hubbs served as vice president for marketing and head of research and analytics at First Data, which was later acquired by Fiserv, where her responsibilities included the development of analytics to drive business development and corporate strategy. Earlier in her career Hubbs, as head of ABS management at Commerzbank AG (formerly, Dresdner Kleinwort), managed teams that oversaw various multibillion dollar securitization portfolios which included U.S. and global ABS.
Hubbs also served as vice president for capital markets services – risk management at GE Capital Corporation and as vice president and senior analyst at Moody’s Investor Services.
“The consumer lending landscape is rapidly evolving. Only the most innovative and inclusive approaches will achieve scale and success, which is why I am excited to be joining a company that is paving the way for industry change,” said Hubbs. “VantageScore has achieved success in its efforts to drive scoring innovation, which provides a great opportunity to capital markets participants who seek more accurate and transparent ways to assess risk. I look forward to educating investors, issuers and ratings agencies alike about the benefits that VantageScore can bring to securitizations and the overall consumer credit marketplace.”