When:
February 28, 2002 at 2:30 Eastern Time
for about 1 hour

Speaker:

Mark Lauritano - Managing Director - DRI-WEFA
Charles Chung - Vice President - Experian

Session Description:

This presentation features two senior professionals with over twenty years of experience working with consumer lenders. Mark Lauritano will share DRI-WEFA's outlook for the economy, as well as review the key drivers that influence consumer credit behavior. Charles Chung will provide an overview of the major trends in credit performance at a national and regional level. Both speakers will address how the current credit cycle differs from previous recessions. The final portion of the presentation highlights recent research on regional economic indicators and movements in credit risk scores, as well as implications for lenders in 2002.

This program is appropriate for senior financial executives with responsibility for Consumer Banking Risk, Retail Marketing, Risk & Credit Operations, Loss Mitigation, Market Research and Strategy Teams.

Attendance Fee:

$275 plus $50 per telephone line used

About Mark Lauritano

As Managing Director of DRI-WEFA's, Financial Services Consulting Practice, Mark directs custom projects involving development of detailed information with which financial institutions can more effectively and efficiently allocate human capital resources to respond to dynamic market conditions.

The Financial Services Practice focuses on sizing the market for financial products and assessing their exposure to economic risks. Mark has directed several consulting projects in the area of credit risk, including a study of the factors driving personal bankruptcy rates, a metro area mortgage default model, an analysis of regional differences in credit use and delinquency behavior, and a strategic model for C&I loan portfolio diversification. Mark has also produced several market segmentation studies for the commercial card industry.

Prior to joining DRI·WEFA, he spent five years with John Hancock's commercial real estate investment subsidiary as director of research.  He also worked at DRI/McGraw-Hill as an economist and consultant for their regional economic forecasting group. Mark earned a BA in economics from Colby College and an MBA in finance from Boston University.

About Charles Chung

As Vice President of Experian’s Information Intelligence department, Charles Chung provides strategic direction and leadership to accomplish the department’s mission of applying statistical and data analysis capabilities in providing knowledge-based, intelligent, and actionable solutions to Experian’s clients.  Charles leads a group of 20+ quantitative analysis experts in delivering data knowledge, business intelligence, and decision solutions for clients in the financial, telecommunications, retail, automotive, and direct marketing industries.

Charles joined Experian in 1991 as a Statistician and progressed within the Analytical Services organization. He has developed advanced risk management and marketing tools, led successful product development and complex analysis projects, developed and managed bureau scores, created consulting practices, and helped integrate information intelligence as a key driver for Experian’s CRM solutions.

Prior to joining Experian, Charles was a regional manager with the U.S. Census Bureau responsible for data acquisition and information analysis.Charles holds a Bachelor’s Degree in Economics from the University of California, Los Angeles.

About Experian
Experian enables organizations to find the best prospects and make fast, informed decisions to improve and personalize relationships with their customers. It does this by combining sophisticated and intelligent decision-making software and systems with some of the world's most comprehensive databases of information on consumers, businesses, motor vehicles and property. Through multi-channel delivery of its Web-based products and services, Experian enables its clients to conduct secure and profitable e-business and develop state-of-the-art customer relationship management (CRM) systems for communicating and building one-to-one relationships with customers. Experian is a subsidiary of GUS plc and has headquarters in Nottingham, UK, and Orange, Calif. Its 12,000 people support clients in more than 50 countries. Annual sales are about $1.5 billion.  For more information, visit the company's web site at www.experian.com.

About DRI-WEFA
DRI-WEFA, a subsidiary of privately held Global Insight, Inc., provides the most comprehensive economic coverage of countries, regions and industries available from any source. DRI-WEFA brings a unique combination of expertise, models, data and analytical software together with a common analytical framework and a consistent set of assumptions. DRI-WEFA collects and delivers financial information to clients and also provides a broad range of consulting capabilities covering market analysis, business planning, investment strategy, risk assessment, infrastructure analysis, policy evaluation, and economic development. The company has over 3,000 clients in industry, finance and government around the world with $70 million in revenues, over 500 employees and 20 offices covering North and South America, Europe, Africa, the Middle East and Asia.