Joseph Cioffi was quoted in a Blueshift Research report, “Rising Delinquencies the New Normal for Subprime Auto Lending.”
In a recent American Banker article, “Crisis in Student Loan Servicing is Building,” Joseph Cioffi discusses how actions against the largest student loan servicer, Navient, may expose improper practices in student loan servicing that are contributing to the student loan debt crisis. As Joseph notes, in a similar way, actions against subprime mortgage servicers exposed issues that contributed to...
Joseph Cioffi’s article, “Crisis in Student Loan Servicing is Building,” was published in American Banker.
Joseph Cioffi contributes to Blueshift Research’s report featuring an in-depth look into subprime auto loans from a diverse range of industry perspectives, including, new and used car dealerships, repossessors and finance companies. Regarding the inevitable comparison to subprime mortgage lending, Joseph notes, “Large financial institutions were making large bets in that market. It was a...
Joseph Cioffi was quoted in an American Banker article, “Does Latest Surge in Past-Due Car Loans Mean Problem is Here to Stay?”
Joseph Cioffi contributes his insights to this American Banker article that provides perspectives from industry insiders regarding the trends affecting auto loan performance, including longer maturities on used auto loans. “Borrowers can get underwater very easily on a used car with a 7-year loan,” Joseph said. Click here to view the full article.
Joseph Cioffi co-authored a Davis & Gilbert Insolvency Alert titled “Claims Against Navient Echo Problems with Subprime Mortgage Loan Servicers.”
