First Associates Loan Servicing SVP, Larry Chiavaro, to speak at Solar Power Finance & Investment Summit

First Associates Loan Servicing SVP, Larry Chiavaro, to speak at Solar Power Finance & Investment Summit

Larry Chiavaro will speak about, “The role of the Servicer and Back-up Servicer in Solar Securitizations” at the Solar Power Finance and Investment Summit on March 18^th

SAN DIEGO- March 14, 2013- Larry Chiavaro, SVP of First Associates Loan Servicing, will speak at the Solar Power Finance and Investment Summit in San Diego, California on Monday, March 18^th. Chiavaro will discuss the perspectives of rating agencies on solar securitizations. Chiavaro has strong historical ties to the rating agencies built over years of experience in the consumer finance industry.  At First Associates, Chiavaro has built a rapidly growing back up service business to enable greater rating agency confidence in consumer debt transactions.  He was instrumental in developing and executing First Associates new Integrated Solar Back Up servicing, the first back up service to integrate both financial and O&M backup.

“Solar securitization is a key component of growth in the residential market,” said Larry Chiavaro. “The ability to attract a broader investor base for long term debt will be the catalyst for rapid consumer solar adoption.  There have been many other lessors of operating assets that have tapped into the securitization market in the past.  Solar is a new asset class to the market but it has many precedents to draw from. The industry is working together to create the common processes, rules and documents that will enable the creation of a strong solar securitization market and First Associates is pleased to be part of that effort.”

“The Solar Power Finance & Investment Summit is recognized as the leading gathering place for the industry’s deal makers,” said Gretchen Luchsinger, President of Infocast. “We’re pleased to have Mr. Chiavaro join us this year.  He is very well connected in the industry and is always a great source of information and insight.”

Additional information regarding SPFIS can be found online at http://infocastinc.com/events/solar13.


About First Associates Loan Servicing

First Associates is one of the nation's premier consumer servicing firms and comprised of a team of professionals with a world-class experience, first-rate knowledge and exceptional technology. First Associates provides best-in-class servicing for titled assets and unsecured loan portfolios with a staff that is committed to providing the highest level of service to borrowers while maximizing lender and investor returns. More information is available at www.1stassociates.com.

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