As we continue to break down and analyze the responses to our subprime auto survey, covered in our inaugural market study, servicers, deserve a closer look given the unique vantage point they have in securitizations.
Individual stories tend to get lost when stories are told on a massive scale. Reporting on student debt as a $1.5 trillion problem is like watching buildings being crushed by Godzilla in scenes of sweeping destruction – the focus is on the giant monster and not the impact on the individuals caught in the chaos. Now, a new type of education finance option, known as the Income Sharing Agreement...
By popular demand, the National Automotive Finance (NAF) Association’s Non-Prime Auto Financing Conference in Plano, Texas, last week included a close look at one of the biggest challenges facing subprime lenders, dealer and dealer-enabled fraud. I was privileged to be on the panel with an experienced group of professionals: Joel Kennedy, Chief Operating Officer at TruDecision, and newly...
On June 7, Joseph Cioffi, Davis & Gilbert Insolvency, Creditor’s Rights & Financial Products Chair, will speak on a panel titled “How to Protect Against the Largest Category of Fraud for Lenders?” at the 23rd Annual Non-Prime Auto Financing Conference taking place in Plano, Texas on June 5-7.
Joseph Cioffi was quoted in a S&P Global Market Intelligence article, "Auto Loan-Delinquency Rise Moderates as Banks Focus on Credit Quality."
Joseph Cioffi was quoted in a SubPrime Auto Finance News article, "Study Details ‘Pessimism’ About Future Subprime Performance."
