Joseph Cioffi was quoted in a SubPrime article, “Davis & Gilbert Experts Find 4 Signs of Subprime Auto ABS Market Vulnerability.”
Joseph Cioffi was quoted in a Bloomberg Law article, “Legal Challenges Tied to Subprime – Auto Bonds Are Possible: Wells Fargo.”
Credit Chronometer was featured in a Wells Fargo Securities – Consumer ABS Research article, “ABSolute Value: Legal Event Risk and Subprime Auto – Caution Warranted With Spreads at Multi-Year Tights.”
Joseph Cioffi was quoted in a GlobalCapital article, “Subprime Auto ABS Credit Enhancements Spark Debate.”
Joseph Cioffi was quoted in an Auto Finance News article, “Lawyer Claims ABS Structures Show Signs of Weakness, Despite Ratings.”
Joseph Cioffi was quoted in an Asset-Backed Alert article, “Trustees Build Cases Against Auto Lenders”.
New York, NY, October 10, 2017 – Davis & Gilbert partner Joseph Cioffi, a widely-respected authority on loan and securitization markets, has found that credit enhancements supporting subprime auto asset-backed securities (ABS) do not necessarily provide the same level of protection as credit enhancements supporting pre-financial crisis era subprime residential mortgage-backed securities (RMBS),...
