With a full plate of health, safety and security priorities on the table and the challenge served up by a deeply divided Congress, the prospects are dim for substantial student loan forgiveness in the early stage of the Biden/Harris Administration. Still, we anticipate the White House will try to find meaningful ways to reform a space that has become a progressive lightning rod. Any significant...
Joseph Cioffi was quoted in an Asset Securitization Report article, "Will Biden's CFPB Clamp Down on Subprime Auto Lenders?”
2020 (and, by the looks of it, 2021) has taught us that predicting the future is no longer merely a fool’s errand as not even Nostradamus would find success in the prognostication business these days. Yet, as we said in our similar post on the subprime auto industry, we can’t let the uncertainty of the times prevent us from preparing for what may lie ahead in policy and programs from the...
Joseph Cioffi was quoted in Asset Securitization Report, "Weekly Wrap: Pessimism Mounts in Subprime Auto Outlook."
Joseph Cioffi and Joel Melendez's article, “The Next Strain of Repo Litigation,” was published in The Real Estate Finance Journal. Click here to view the full article.
It’s only fitting that we’ll end the year with more uncertainty, this time as a result of the elections. It seems safe to expect a Biden/Harris administration in January, but the road ahead remains a bit foggy pending the Georgia Senate run-off elections in January, the outcome of which will determine which party controls the Senate. Under Democratic control, we could see more progressive...
Joseph Cioffi was mentioned in a SubPrime Auto Finance News article, "Nortridge Launches Podcast Hosted by Current NAF Association President."
