Madhavi Bokil of our Credit Strategy and Research group joins host Aaron Johnson to lay out our inflation and interest rate forecasts. And then, Peter McNally, Frank Cerveny and Marie Lam of our Structured Finance group discuss the impact of inflation and rising interest rates on structured finance transactions around globe US: Collateral, structures determine extent to which rising rates will weaken transactions Asia: Interest rate shifts will produce uneven credit outcomes Europe: Vulnerabilit...
Apr 29, 2022•20 min•Ep. 13
Antonio Tena of our Structured Finance group and Atsi Sheth from our Credit Strategy and Research team join host Aaron Johnson to discuss the impact of the Russian invasion of Ukraine on European structured finance. And then Yehudah Forster, an attorney in our Structured Finance group, talks about the impact of a recent court ruling on US consumer debt-backed securitizations. Related content on Moodys.com (some content only available to registered users or subscribers): Structured Finance – Euro...
Mar 31, 2022•13 min•Ep. 12
Lana Deharveng and Deryk Meherik of our Structured Finance group join host Aaron Johnson to discuss the impact of US collateralized loan obligations finding new domiciles, both those backed by corporate debt and those backed by commercial real estate debt. Related content on Moodys.com (some content only available to registered users or subscribers): CLOs and CRE CLOs – US - SPV shift from Cayman Islands after EU adds it to AML blacklist will be credit neutral Cross-Sector - Corporate CLOs, Cond...
Feb 24, 2022•14 min•Ep. 11
Corporate asset-backed securities (ABS), some of which were hit particularly hard by the pandemic, are now benefiting from the rapid economic rebound in the US. Growth in travel demand, particularly among consumers, will benefit several asset classes, including aircraft lease ABS. Meanwhile, persistently high used car prices will continue to boost rental car ABS credit quality and performance. Related content on Moodys.com (some content only available to registered users or subscribers): Corpora...
Jan 27, 2022•16 min•Ep. 10
In this episode, Ed Manchester of our Covered Bond team and Jim Ahern, the head of our Structured Finance group, join host Aaron Johnson to discuss our outlooks for covered bonds and structured finance in general for 2022. Related content on Moodys.com (some content only available to registered users or subscribers): Structured Finance – Global Strong asset performance will continue despite COVID-19 uncertainty Covered Bonds – Global 2022 Outlook - Stable issuers, strong assets and new rules wil...
Dec 16, 2021•16 min•Ep. 9
In this month’s episode, Sam Spackman and Lana Deharveng of our Structured Finance team in NY join host Aaron Johnson to discuss the recent global CLO issuance boom and changes to deal documentation. Related content on Moodys.com (some content only available to registered users or subscribers): CLOs – Global: H2 2021 Manager Trends: Portfolio Metrics and Rated Volume CLO – Global: Record issuance volumes bring lower coupons and modifications to credit features for outstanding deals...
Oct 28, 2021•10 min•Ep. 8
In this month’s episode , Alena Chen of our Structured Finance team in Sydney, and Gracie Zhou of our Structured Finance team in Shanghai, join hosts Aaron Johnson and George Liondis to discuss the effect of COVID-19 on the performance of securitizations. Related content: Structured Finance – China: Sector Update Q3 2021 - Performance stable as economy grows - An update of issuance and performance trends in the sector. Structured Finance – Asia-Pacific: Coronavirus resurgence poses asset perform...
Sep 30, 2021•13 min•Ep. 7
Inside this episode: In this month’s episode, Nick Monzillo of our US Structured Finance team, and Tony Parry of our European Structured Finance team join hosts Aaron Johnson and Ruth Mantell to discuss the stronger-than-expected performance of asset-backed securities during the coronavirus pandemic. Related content: Consumer ABS – US Rising employment will help sustain solid collateral performance The strengthening employment picture and broadly strong economic recovery are positive for US cons...
Jul 29, 2021•15 min•Ep. 6
In this month’s episode, Jody Shenn of the Structured Finance team joins hosts Aaron Johnson and Ruth Mantell to discuss hot topics in the market. Then, Brian Snow from the Commercial Mortgage-Backed Securities (CMBS) team talks about the effects of New York’s new emissions law on CMBS. Inside this episode: Jody Shenn of the Structured Finance team discusses hot topics in the market (begins at 1:19 mins) Brian Snow from the Commercial Mortgage-Backed Securities (CMBS) team will talk about the...
Jun 24, 2021•17 min•Ep. 5
In this month’s episode, Ifigenia Palimeri of our London Structured Finance team joins hosts Aaron Johnson and Xhensila Pisha to discuss the extent to which structured finance backs lending around the globe. And then, Chaitali Bharucha, from our New York Structured Finance team, and Monica Curti, from our Milan Structured Finance Team, will talk about the risks facing SME ABS as pandemic-driven support measures expire. Related content: Structured finance contributes materially to the funding of ...
May 27, 2021•17 min•Ep. 4
In this month’s episode, Peter McNally of our New York Structured Finance research team joins hosts Aaron Johnson and Tanguy Hespel to break down the extent to which asset classes globally face ESG-related risks. And then, Lana Deharveng, from our New York Structured Credit team, will talk about how CLOs are increasingly adopting ESG-focused investment criteria.
Apr 29, 2021•13 min•Ep. 3
In this latest segment, Peter Hallenbeck of the Structured Credit team and Masako Oshima of the Consumer Assets team consider the effect that Libor transition will have on various structured finance asset classes. Plus, Aaron Johnson and Greg O’Reilly discuss the performance of structured finance collateral one year into the coronavirus pandemic. Related content: CLOs – EMEA: Sector Update – Q4 2020: New CLO structures closer to pre-pandemic levels, performance improved but risks remain CLOs – U...
Mar 25, 2021•15 min•Ep. 2
In this month’s featured segment, Yehudah Forster of the Residential Mortgage-backed Securities team breaks down potential changes to the qualified mortgage rules, and what they mean for the credit quality of future RMBS. Plus, Aaron Johnson and Xhen Pisha draw on our 2021 outlooks to highlight the structured finance asset classes on the bumpiest roads as the economy recovers from a tumultuous 2020. In this episode: Yehudah Forster of the Residential Mortgage-backed Securities team breaks down p...
Feb 25, 2021•16 min•Ep. 1
Hosted by Aaron Johnson and Xhensila Pisha of the Structured Finance team, our new Securitization Spotlight podcast series brings you the insight you need to keep on top of corporate and consumer debt securitization markets. From the impact of an evolving regulatory landscape and the ongoing recovery from the pandemic, to the ongoing effects of lower-for-longer interest rates and investors’ growing focus on ESG considerations, Aaron, Xhen and their guests will deliver the analysis that matters....
Feb 18, 2021•56 sec0
