Don Glisson, Jr. Appointed to the Citizens Property Insurance Corporation Board of Governors

Don Glisson, Jr., Chairman and CEO of Triad Financial Services, Jacksonville, Florida has been appointed to serve as a member of the Citizens Property Insurance Corporation Board of Governors by Florida Chief Financial Officer Jeff Atwater.

Citizens was created to provide property insurance coverage to Floridians who cannot get coverage through the private markets. Citizens currently has 1,439,000 policies in force and their capital is over $5 billion.

“Don Glisson, Jr. has extraordinary business skills and leadership that will benefit the Board of Governors,” said CFO Atwater.  “He has had great success in developing his business in Florida and Nationally for many years and will be a real asset to the Board.”

In June of 2010, Don was named by the “Jacksonville Business Journal” as an “Ultimate CEO” for 2010, as voted on by the newspaper’s editors.  Don has been written about and interviewed in numerous publications such as “The Wall Street Journal”, “The New York Times”, “The American Banker” and many others.

October 7th, 2010

Triad’s New Web Site Showcases Manufactured Home

Ownership Benefits and Provide Faster Loan Approvals

Jacksonville, FL – 10/5/10 – Triad Financial Services, the nation’s second largest lender in the manufactured home industry today announced the launch of its new web site at www.triadfs.com.  The comprehensive web site provides information and resources to a number of Triad’s markets including manufactured home buyers, dealers & retailers, banks, credit unions and realtors.  Of particular note is Triad’s fast and easy loan approval online with within minutes.

“As if loan approvals were not difficult enough given the tight credit restrictions in this economy…” said Mike Glisson, President of Triad Financial Services, “…clearly, our goal was to make the process faster and easier for all credit worthy home buyers”.

Triad claims it’s new web site is more visually appealing than others in the industry – which helps potential new home owners, dealers, realtors and others navigate the home loan approval process much easier.  www.triadfs.com showcases styles of homes that are not typical of the image that the public thinks of when they envision mobile homes. Triad’s site also educates and shows customers the overall benefits of owning a manufactured home.

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September 30, 2010

Mobile Home Makers Try to Stitch Together A Rebound

by James R. Hagerty and Serena Ng (here)

CLARION, Pa.—Builders of manufactured homes—the kind constructed in a factory and often known to the public as mobile homes or trailers—missed out on the great American housing boom. Now some of them hope their industry has finally stopped imploding.

The Manufactured Housing Institute, or MHI, a trade group, earlier this month told its members that shipments in the first seven months of this year were up 6.4% from a year earlier, in part because of stimulus from federal tax credits offered to home buyers earlier this year.

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June 29, 2010

Triad’s Glisson discusses MH lending trends with NY Times.

from Bob Tedeschi, The NY Times here

Triad Financial Services CEO Don Glisson was recently quoted in the NY Times, a further sign of Triad’s recognized leadership position in the manufactured home lending market.  Glisson’s comments can be read in the article here.

May 24, 2010

ULTIMATE CEOs: Glisson continues tradition of good business decisions.

from Dolly Penland, The Jacksonville Business Journal here

When Don Glisson Jr.’s father bought Triad Financial Services Inc. in 1977 for $25,000, the company was in poor condition. “It wasn’t even worth that,” said Glisson Jr. “It was a couple of million in debt. We made a decision to pay everyone what was owed [rather than] declare bankruptcy.”
It was a shrewd move that has allowed Triad to grow into what is now the second-largest provider of loans for the manufactured housing industry. Now, seven years into his role as CEO, Glisson Jr. continues that tradition of good business decisions. (more…)

July 17, 2009

BJ50: No. 28, Triad Financial Services Inc.

from Jim Nasella, The Jacksonville Business Journal here

The economy has taken its toll on a variety of lenders recently, but Triad Financial Services isn’t one of them, as they lent to customers of manufactured or mobile homes. “There were a few of our competitors that went out of business because they relied on Wall Street for their funding and that dried up,’’ said CEO Don Glisson Jr. “We, fortunately, have always had a business model of selling our product to banks and credit unions and those types of financial institutions and we have a diversified group of those.’’ Because Triad didn’t rely on Wall Street, the company has been able to grow as others wilted (more…)

Jacksonville-based Triad Financial Services, one of the top five manufactured housing lenders in the nation, celebrates its 50th anniversary in 2009. The company, which was founded in 1959 as The Investment and Insurance Company to provide mortgage and insurance services to the manufactured home industry, currently services more than $350 million in loans and enjoys solid relationships with more than 40 lending partners. Triad has branch offices in Jacksonville, Chicago, Houston and Newport Beach, California.

The Manufactured Housing Institute (MHI) announced at its 2009 National Congress and Expo Annual Meeting in Las Vegas that Triad Financial Services, Inc. has been chosen the National Lender of the Year for the second year in a row. (more…)