Joseph Cioffi was quoted in a GlobalCapital article, "Chip Shortage, Virus Working in Favour of Auto ABS for Now.”
It’s a change of seasons like no other before it. The weather is turning, vaccines are rolling, stimulus is arriving and maybe best of all, Hollywood is luring audiences back to movie theaters to watch titans collide above cities on the biggest screen possible. Down here on the ground, a new administration and an evolving regulatory landscape could bring titanic change to subprime auto. It’s...
Joseph Cioffi was interviewed for a ConsumerFi podcast, "Credit Chronometer Update with Joe Cioffi of Davis+Gilbert."
Joseph Cioffi was quoted in a Bloomberg article, "Canceled Student Loans May Be Boon for Bonds.”
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...
