Joseph Cioffi and Nicole Serratore recently discussed the CFPB’s new debt collection rules relating to communications between debt collectors and consumers, which gives greater control to consumers and reduces legal exposure for complying collectors. With the threat of an economic downturn and delinquencies rising across markets, compliance will become increasingly important, especially in...
Investors and lenders focused on environmental, social and governance (ESG) principles will find opportunities for “green” financing in cannabis, but risk abounds as the truthfulness of ESG claims and disclosures are on the SEC’s radar. Last month the SEC put out a proposed rule that if adopted could lead to increased climate-related disclosures for companies subject to SEC oversight. While...
Joseph Cioffi was quoted in a MarketWatch article "Consumer Watchdog Fires Warning Shot to Lenders Over Abusive Auto Repos as Used-car Prices Soar".
Joseph Cioffi, Massimo Giugliano and Christine DeVito discuss the risks real estate lenders face when working with cannabis-related businesses, in their Westlaw article entitled "Fortune or forfeiture: real estate lending in the cannabis space." From government forfeiture to anti-money laundering compliance, real estate lenders have options available to address the legal challenges in this...
On Thursday, January 27, Joseph Cioffi moderated a webinar titled “Subprime Auto: Reflections on 2021 and Expectations for 2022,” with a panel of industry professionals including Ines Beato, Senior Vice President, US ABS - Global Structured Finance at DBRS Morningstar, Sean Morgan, Senior Vice President of Finance at Westlake Financial Services and Clayton Triick, Senior Portfolio Manager, Angel...
The third year of the pandemic brings with it questions of when normalization might occur in subprime auto lending and securitization. All eyes are on supply shortages, which have kept used vehicle prices in the stratosphere, and inflation, which could cause consumers financial distress. With these issues in mind, in a recent article in Structured Credit Investor, we compared Credit Chronometer’s...
Joseph Cioffi and Nicole Serratore's article "Same as Ever?" was published in Structured Credit Investor. Click here to view the full article.
