Post Tagged with: "Davis & Gilbert"

How ABS Credit Enhancements Are Masking Subprime Risk [PODCAST]

How ABS Credit Enhancements Are Masking Subprime Risk [PODCAST]

Podcast, Risk February 26, 2018 at 11:30 am

Multiple subprime auto securitizers are coming to the market with lower average Fico scores, longer terms, and higher loan-to-value ratios than their previous issuances. Yet, these deals are being rewarded with higher ratings. Joseph Cioffi, a partner at Davis & Gilbert LLP, has identified a fair amount of risk inRead More