On November 17, Joseph Cioffi, Davis & Gilbert Insolvency, Creditor’s Rights & Financial Products Chair, will moderate a panel titled “Results of Subprime Auto Securitization Market Study," at the 24th Annual Non-Prime Auto Financing Conference being held virtually on November 16-20.
Joseph Cioffi’s article, “Eyes on the Road Ahead: Going Back to the Market for the Latest Outlook,” was published in Non-Prime Times, the official publication of the NAF Association. Click here to view the full article.
Joseph Cioffi was quoted in a MarketWatch article, "Frontline Workers in Eye of Pandemic Storm for Months, Now Fending Off Repo Man.”
Credit Chronometer’s second annual market study “Participants’ Expectations in a Time of Crisis” was mentioned in an Asset Finance International article "Pandemic to Have Long-Term Impact on US Subprime Auto Market, Says New Report from Davis & Gilbert."
Tank: “How? Morpheus: “He is the one.” — The Matrix Last week, the Office of the Comptroller of the Currency (OCC) did its best to simplify the search for the one “true lender” in any transaction. Its proposed rule should provide clarity to lending partnerships between banks and third-party non-banks, such as marketplace lenders (MPL).
Is that a cliff or a bridge up ahead? There are positive signs and even slight improvement in some auto figures, but there’s still a looming question of what’s around the corner and whether further government support will be forthcoming. Things could go from stable to not in a New York minute. As we look for signs to the future, recent reports from S&P and KBRA give some indication of where we...
Joseph Cioffi was quoted in a GlobalCapital article, "Hertz Nears Temporary Deal with ABS Creditors.”