Last week, Joseph Cioffi moderated a panel of industry professionals on the state of subprime auto lending and securitization to coincide with the launch of our third annual 360 degree market study, Subprime Auto: Participants’ Expectations Moving on From 2020.
Joseph Cioffi was quoted in a GlobalCapital article, "'As good as it gets' — Hertz prints blockbuster ABS.”
Joseph Cioffi and Nicole Serratore's article, “Biden Administration Signals Change in Direction for Subprime Auto Regulations,” was published in Westlaw Today. Click here to view the full article.
360° Market Study of Subprime Auto Participants
NEW YORK, June 17, 2021 – Subprime auto market participants are expecting some deterioration in 2021 as concerns shift from the economic uncertainty brought about by the pandemic, to regulatory uncertainty ushered in with the new presidential administration. The potential for heightened regulatory scrutiny is weighing on market players, according to the third annual market study released today by...
Residential mortgage lending has seemed to fare reasonably well in the thick of the pandemic due to stimulus and relief programs, but as pandemic-era relief recedes and foreclosures rise, hidden threats to a lender’s first priority lien status may become apparent and require resolution. With foreclosures up 9% in the first quarter of 2021 versus the prior quarter, several recent cases highlight...
Joseph Cioffi was quoted in an Asset-Backed Alert article, "End In Sight for Crisis-Era Case.”