Joseph Cioffi recently sat down with Raul Panganiban of ValueWalk, a site covering the latest financial news impacting hedge funds and asset managers with an emphasis on value investing, for their podcast “ValueTalks.” Joseph and Raul discussed the importance of credit enhancements in subprime auto securitizations, and in particular, Joseph’s views regarding their vulnerability.
Joseph Cioffi was quoted in a GlobalCapital article, “Fed Sounds Alarm on Marketplace Lending.”
As we said in our last post regarding vulnerability in credit enhancements and litigation risk, subprime auto ABS investors have historically slept easy in light of ample credit enhancements that have provided a protective cushion from losses. Based on the reactions, it seems some have been stirred from their slumber. The question now is what’s next? Will market participants, after kicking the...
Joseph Cioffi was quoted in a Structured Credit Investor article, “Pre-Emptive Lawsuits Envisaged.”
Joseph Cioffi was quoted in a GlobalCapital article, “Is Anyone Taking Consumer Credit Risk Seriously?
Joseph Cioffi was quoted in a Structured Creditor Investor article, “Legal Issues Weigh on Earnest Acquisition”
Joseph Cioffi was quoted in a SubPrime article, “Davis & Gilbert Experts Find 4 Signs of Subprime Auto ABS Market Vulnerability.”