Podcasts about Securitization

Samir Patel bought his first hotel as a junior at West Point. Two decades later, he runs Trophy Point Capital, a private debt fund that has originated over 1,500 loans. In this episode, Samir joins host Alex Perny to break down how debt funds generate yield, why he keeps 8 million dollars of his own money in a first-loss position, and what separates a well-run lender from a risky one.Key Points- How Samir went from buying a hotel as a West Point cadet to managing a top 100 private lender- The difference between fix-and-flip bridge loans and DSCR loans, and why Trophy Point sticks to short-term lending- How institutional money has pushed private lending rates down to the 9 to 11 percent range- Why Samir keeps 8 million dollars of personal capital in a first-loss position behind every investor- The hidden incentive problems in debt fund fee structures, including who keeps origination points- What Samir looks for when evaluating whether a debt fund manager can actually get money backChapters00:00 Introduction to Samir Patel and Trophy Point Capital07:10 Why velocity matters more than price in lending markets10:51 Bridge loans, fix and flip, and why Trophy Point avoids DSCR14:25 Skin in the game and the 8 million dollar first-loss position15:59 How institutional money has changed private lending rates23:16 Securitization and where hard money loans fit into Wall Street28:43 What is really driving demand for rehab and construction lending32:38 The biggest pain points for borrowers and operators right now39:48 How Trophy Point structures its fund and pays investors44:23 Why fast capital raises lead to bad lending decisions45:42 Foreclosure, disposition, and getting paid back50:58 Why debt is easier to value than equity inside an IRASubscribe to our YouTube channel and join our growing community for new videos every week.If you are interested in being a podcast guest speaker or have questions, contact us at Podcast@AdvantaIRA.com.Learn more about our guest, Samir Patel: https://trophypointcapital.comLearn more about Advanta IRA:Website: https://www.AdvantaIRA.comSpotify: https://open.spotify.com/show/AdvantaIRALinkedIn: https://www.linkedin.com/company/advantairaTwitter: https://twitter.com/AdvantaIRAFacebook: https://www.facebook.com/AdvantaIRAInstagram: https://www.instagram.com/advantaira#DebtFundInvesting #PrivateLending #AlternativeInvesting

In this Daily Editorial, we sit down with Darrell Fletcher, Managing Director of Commodities at Bannockburn Capital Markets, for a deep dive into the shifting dynamics across the broader commodities complex. Darrell provides an insider's look at what is currently driving activity on the trading desk, breaking down the major macroeconomic and geopolitical themes influencing critical resource markets. Key discussion points include: CRB Index Resilience: An overview of the index's ongoing strength, current consolidation patterns, and how today's macro environment compares to multi-year highs. Geopolitical Pressures on Crude Oil: A look into the supply-demand fundamentals, the quickening drawdowns of the U.S. Strategic Petroleum Reserve (SPR), and why the future curves tell a deeper story than current spot prices. Natural Gas Stability: Why the natural gas market remains highly neutral despite localized shifts, alongside an outlook on how expanding LNG export capacity will impact long-term pricing differentials. Base Metals Outperformance: The structural demand drivers behind copper's massive run, code-driven regional arbitrage, and why the global push for artificial intelligence and power infrastructure is transforming the sector. Securitization of Supply Chains: A broader analysis of why nations are aggressively moving to secure domestic resource pipelines and what this new era of resource nationalism means for the future of metal prices. Precious Metals Consolidation: An assessment of the current corrective phase in gold and silver, and what key economic factors are needed to spark the next leg higher.   Click here to learn more about Bannockburn Capital Markets  - https://www.bannockburnglobal.com/   ------------------ For more market commentary & interview summaries, subscribe to our Substacks:  The KE Report: https://kereport.substack.com/  Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

The higher cost of living is exacerbating affordability concerns and prompting auto lenders to take a close look at rising delinquencies, asset pricing and innovative programs to get consumers into vehicles.  The inaugural Auto Finance Capital Summit in Nashville, Tenn., highlighted lenders' reliance on diversified funding sources across asset-backed securitization (ABS), warehouse lending and private credit.  Pagaya Technologies, for example, is increasing issuance in the auto ABS market as the private credit markets face increased volatility amid rising losses and a call for more transparency. Losses also rose across securitized nonprime auto loans as issuers continue to navigate bifurcation between subprime and prime credit performance. Market conditions are prompting lenders such as Global Lending Services and Stellantis Financial Services to reprice assets more frequently. At the same time, affordability challenges could prompt a slowdown in vehicles sales, contributing to a decline in retail auto ABS issuance in 2026. Affordability and credit performance also were key topics of discussion at Auto Finance Summit East 2026, which took place May 11-13 in Nashville.  Lenders including Volkswagen Financial Services are looking at used-car leasing to offset high car prices, while others are considering extending lease offers to certified pre-owned vehicles. The high costs of ownership are going to be prevalent issues for the foreseeable future as gas prices are expected to remain elevated through at least July. In this episode of “Weekly Wrap,” Auto Finance News Editor Amanda Harris and Senior Associate Editor Aidan Bush recap top stories and takeaways from the spring events. Subscribe to “The Roadmap Podcast” on  iTunes or Spotify or download the episode.  Find more coverage from Auto Finance Capital Summit here and find more coverage from Auto Finance Summit East 2026 here. 

On this episode of Animal Spirits: Talk Your Book, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ are joined by Mike Laughlin from Janus Henderson Investors to discuss: how securitization works, investing in CLOs, the size of the securitized market, how fixed income investing has changed and much more. Find complete show notes on our blogs... Ben Carlson's ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠A Wealth of Common Sense⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Michael Batnick's ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Irrelevant Investor⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Feel free to shoot us an email at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠animalspirits@thecompoundnews.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://idontshop.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See our disclosures here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The Compound Media, Incorporated, an affiliate of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Janus Henderson Disclosure - Please consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus or, if available, a summary prospectus containing this and other information, please call Janus Henderson at ⁠800.525.3713⁠ or download the file from ⁠janushenderson.com/reports⁠. Read it carefully before you invest or send money. ETFs distributed by ALPS Distributors, Inc. ALPS is not affiliated with Janus Henderson or any of its subsidiaries. Janus Henderson® and any other trademarks used herein are trademarks of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc. Click on these links to view ⁠JAAA⁠ and ⁠JSI⁠ performance information and important disclosures. Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us Fan Mail◆ EU regs plan sparks debate over treatment of secured borrowing ◆ Blistering corporate and FIG issuance but why are premiums rising in one market but not the other? ◆ UK Renters' Rights Act to impact UK buy-to-let RMBS marketPlans to change the capital risk-weightings banks must apply to some of their securitization holidings caused consternation in the covered bond market this week. Both securitization and covered bonds are forms of debt secured on a pool of assets — often of the same type, such as mortgages. Of course there are big differences between the two asset classes as well. Fresh from the European Covered Bond Council's conference in Norway this week, we delve into the controversy and what the outcome will likely be for the way covered bonds are treated under the rules, as well as securitizations.Another two markets that are close cousins are the European financial institution and investment grade corporate bond markets. Both have been very busy lately, awash with deals. But while new issue premiums are rising in the corporate bond market, that is not the case in the FIG market. We discuss why that is and what the pipeline looks like in each for the rest of the month.Finally, we discuss another set of rules affecting securitization. The Renters' Rights Act recently came into force in England. The changes it demands to the way landlords operate will have a knock-on effect on the UK's buy-to-let residential mortgage-backed securities market. We examine what those will be.Now read on:Experts play down European snub to covered bondsWho's afraid of securitization?Fearless FIG investors gobble up latest wave of heavy issuanceCorporate issuers pay up in euros as bond wave floods marketFear not the hyperscalersUK BTL RMBS to persist despite Renters' Rights Act

Eric Silberstein Lerner, partner at Ritch Mueller, joins host Patrick Dolan to discuss securitizations in the Mexican market, including the typical transaction structure and the types of securities issued. Eric provides an overview of the legal considerations that arise under Mexican law, and the challenges market participants may face.

AI agents can already collaborate, but they lack a trustworthy medium in which to store value and execute contracts. Enter Circle's Arc Blockchain, an economic “operating system” designed for a world where machines drive the real economy. Circle co-founder and CEO Jeremy Allaire joins Elad Gil to dive into the future of programmable money and the agentic economy. Jeremy explains why traditional banking fails to support the needs of AI agents, and how stablecoins like USDC facilitate an internet-native economy. They also discuss the tokenization of real-world assets, the move toward full-reserve banking, and Jeremy's predictions for double-digit GDP growth as AI and blockchain reach their “broadband moment.”  Sign up for new podcasts every week. Email feedback to show@no-priors.com Follow us on Twitter: @NoPriorsPod | @Saranormous | @EladGil | @jerallaire | @circle Chapters: 00:00 – Cold Open 00:05 – Jeremy Allaire Introduction 00:21 – Origin Story of Circle 02:11 – Rethinking the Financial System 05:26 – The Role of Stablecoins 09:52 – Use Cases for USDC 11:30 – Programmable Money  12:25 – Blockchain as Operating System 14:37 – The Agentic Economy 17:45 – Arc Blockchain Use Cases 27:00 – Scaling Models and Privacy Tech 30:45 – Securitization of Other Assets Under the Blockchain 34:16 – Prediction Markets 35:09 – Incremental Revenue Through GPU Usage 37:19 – Jeremy's 10 Year Future Vision 41:12 – AI and GDP 44:00 – Conclusion

Orbán Viktor folyamatosan háborúról beszél, és nem csak beszél, hanem egy militarizálódó közbeszéd és kormányzás zajlik vezetése alatt. A védelmi diskurzustól a konkrét haderőfejlesztésekig és ezek ideológiai megalapozásáig tekintettük át Orbán “békeharcát” Lakner Zoltánnal és Gregor Anikóval.00:00 Reklám, felvezetés02:11 Orbán háborús hergelő és békepárti szólamai: csak látszólagos ellentmondás21:16 Haderőfejlesztés23:49 Securitization: amikor a nemzetbiztonság áthangolja az egész térsadalompolitikát56:59 Magyar Péter alkotmányosan tiltaná a sorkatonaságot1:12:05 Lekonf, a Felderítő összegzése Támogasd te is a Partizánt adód 1%-ával!Név: Partizán Rendszerkritikus Tartalomelőállításért AlapítványAdószám: 19286031-2-42https://szja.partizan.hu/Legyél rendszeres támogató! https://cause.lundadonate.org/partizan/adomany—Választási barométer:https://valasztas.partizan.hu/—Csatlakozz a Partizán közösségéhez, értesülj elsőként eseményeinkről, akcióinkról!https://csapat.partizanmedia.hu/forms/maradjunk-kapcsolatban—Legyél önkéntes!Csatlakozz a Partizán önkéntes csapatához:https://csapat.partizanmedia.hu/forms/csatlakozz-te-is-a-partizan-onkenteseihez—Iratkozz fel tematikus hírleveleinkre!Kovalcsik Tamás: Adatpont / Partizán Szerkesztőségi Hírlevélhttps://csapat.partizanmedia.hu/forms/iratkozz-fel-a-partizan-szerkesztoinek-hirlevelereHeti Feledyhttps://csapat.partizanmedia.hu/forms/partizan-heti-feledy—Írj nekünk!Ha van egy sztorid, tipped vagy ötleted:szerkesztoseg@partizan.huBizalmas információ esetén:partizanbudapest@protonmail.com(Ahhoz, hogy titkosított módon tudj írni, regisztrálj te is egy protonmail-es címet.)Támogatások, események, webshop, egyéb ügyek:info@partizan.hu

In today's episode of the Consumer Finance Monitor Podcast Show, our host, Ballard Spahr's Alan Kaplinsky, was joined by colleagues Steven Burt and Melanie Vartabedian to explore a rapidly evolving and increasingly complex area of consumer financial services: residential solar finance. Building on prior discussions of the broader solar finance landscape, this episode zeroes in on the regulatory and litigation developments that are reshaping the residential solar market in real time. The discussion highlights how an industry that experienced explosive growth over the past decade is now facing heightened scrutiny from regulators, enforcement agencies, and private litigants alike. From Rapid Growth to Market Headwinds As Steven explained, the residential solar industry expanded dramatically between 2015 and 2022, driven by: Federal and state tax incentives Declining equipment costs Innovative financing models Aggressive direct-to-consumer sales strategies Growth peaked around 2023, but the market began to slow in 2024 and beyond due to several converging factors: Changes to net energy metering policies (particularly in California) Rising interest rates impacting financing affordability Supply chain constraints Increased emphasis on battery storage solutions Federal policy shifts, including reduced support for renewable energy and changes to tax credits These developments have forced industry participants to adapt quickly—often while still operating under legacy business models that are now attracting scrutiny. A Surge in Government Investigations and Enforcement One of the most significant themes discussed in the podcast is the sharp rise in government scrutiny. State attorneys general and consumer protection agencies across the country have launched investigations and enforcement actions targeting: Direct-to-consumer sales practices Marketing representations about energy savings and tax benefits Long-term financing structures, particularly loan-related fees A notable inflection point came in 2024, when the Consumer Financial Protection Bureau (CFPB) issued a spotlight on solar financing, identifying risks such as: Alleged "hidden" dealer or platform fees Misleading claims regarding tax credits Misrepresentations about system performance and savings Since then, enforcement activity has expanded across numerous states, with additional investigations ongoing. Notably, even local regulators—such as New York City's Department of Consumer and Worker Protection—have begun to assert jurisdiction, signaling a broader and more aggressive enforcement landscape. Private Litigation: Class Actions and the "Dealer Fee" Controversy Parallel to government activity, private litigation has surged. Melanie Vartabedian highlighted two major waves of litigation: 1. Earlier Cases: Sales Practices Initial lawsuits focused on: Unauthorized credit checks (FCRA claims) High-pressure or deceptive sales tactics Misrepresentations about tax savings and energy production 2. Current Wave: Financing Structures More recent cases center on dealer fees (also called platform or financing fees), with plaintiffs alleging that: ·        These fees are effectively hidden finance charges ·        They should be disclosed under the Truth in Lending Act (TILA) Courts in Minnesota have allowed these claims to proceed past motions to dismiss, rejecting arguments—at least at the early stage—that such fees are merely "seller's points" exempt from disclosure. While these rulings are preliminary, they have: ·        Opened the door to costly discovery ·        Encouraged additional class actions and enforcement cases ·        Created significant uncertainty regarding how courts will ultimately resolve the issue The Expanding Role of the FTC Holder Rule Another important litigation risk involves the FTC Holder Rule, which allows consumers to assert claims against loan holders that they could assert against installers. This creates potential exposure for: ·        Lenders ·        Secondary market participants ·        Securitization investors Although liability is generally capped at the amount of the loan, the rule can still create substantial risk, especially where plaintiffs seek rescission of contracts. Practical Guidance for Industry Participants The speakers emphasized that companies operating in the residential solar space must take proactive steps to manage risk. Key recommendations include: 1. Strengthen Compliance and Oversight Conduct comprehensive reviews of sales and marketing practices Ensure clear, accurate, and compliant disclosures Align legal and compliance teams with customer service functions to identify emerging issues early 2. Enhance Dealer and Partner Management Perform rigorous upfront diligence on third-party installers and sales organizations Implement ongoing monitoring and auditing Act quickly to address complaints or misconduct 3. Improve Transactional Transparency Reassess how pricing and fees—particularly dealer fees—are structured and disclosed Evaluate potential exposure under TILA and state consumer protection laws 4. Conduct Portfolio-Level Risk Assessments Carefully diligence solar loan portfolios prior to acquisition Consider litigation and regulatory risks embedded in originated assets 5. Stay Ahead of Policy and Enforcement Trends Monitor federal, state, and local regulatory developments Engage with industry groups and legal advisors Anticipate—not react to—regulatory changes What Lies Ahead: The Next 18–24 Months Looking forward, the panelists expect: Continued and expanding enforcement activity, particularly at the state level More class actions and private litigation, fueled by early court rulings Greater clarity regarding dealer fee treatment, as courts begin to rule on the merits Increased scrutiny of sales practices, especially those involving third-party dealers Importantly, the regulatory and litigation environment is unlikely to ease in the near term. Instead, companies should expect more investigations converting into enforcement actions and greater coordination among regulators. Key Takeaways As Alan Kaplinsky summarized, the message for industry participants is clear: ·        The residential solar market is entering a more challenging and regulated phase ·        Government scrutiny and private litigation are rising in tandem ·        Compliance, transparency, and oversight are no longer optional, they are essential Companies that proactively adapt to this new environment will be far better positioned than those that wait to respond under the pressure of an investigation or lawsuit. Consumer Finance Monitor is hosted by Alan Kaplinsky, Senior Counsel at Ballard Spahr, and the founder and former chair of the firm's Consumer Financial Services Group. We encourage listeners to subscribe to the podcast on their preferred platform for weekly insights into developments in the consumer finance industry.  

David M. Lampton—“Mike”—is one of America's most distinguished scholars of U.S.–China relations, director of China Studies Emeritus at Johns Hopkins SAIS, and the author of landmark works on Chinese politics and foreign policy. He joins me this week to discuss a striking new Foreign Affairs essay he co-authored with the eminent Chinese international relations scholar Wang Jisi of Peking University: “America and China at the Edge of Ruin: A Last Chance to Step Back from the Brink.”Written against the backdrop of President Trump's planned visit to China (and before the outbreak of the U.S.–Israeli war on Iran), the essay is less a routine policy paper than an urgent intervention — two veteran scholars, one American and one Chinese, throwing a rope across a widening chasm. They argue that strategic rivalry has become self-reinforcing, that the greatest danger is no longer deliberate conflict but accidental war driven by miscalculation and escalation dynamics neither side fully controls, and that a rare, narrow window for “a new normalization” may now be opening.We range across the essay's boldest claims — on Taiwan as the unlikely starting point for stabilization, the corrosive logic of securitization, the ghost of the first Cold War, and the looming talent crisis in serious China studies — in a meaty, substantive conversation.3:39 How the Lampton–Wang Jisi collaboration came together6:31 The division of labor and the essay's unified voice9:15 Wang Jisi's cognitive empathy and his unusual depth of American understanding13:57 The essay's emotional register: veteran scholars and the specter of another Cold War16:32 From reassurance to deterrence—and why deterrence keeps getting harder to maintain25:02 Mirror-image threat narratives as self-fulfilling operating systems32:08 Securitization, the “one-way ratchet,” and whether economic interdependence can be rebuilt39:23 Accidental war: what has changed since Hainan 2001 and Belgrade 199944:16 Where the most damaging choices were made—China's Ukraine pivot, U.S. arms-control withdrawals51:29 The window of opportunity: Trump's China visit, the 4th Plenum, and post-Iran recalculation1:01:30 Taiwan as the counterintuitive starting point for stabilization1:10:03 Collapse fantasies, hubris, and the Pearl Harbor danger of “act now or lose the window”1:13:14 The looming China-talent crisis and the future of the fieldPaying It ForwardMike highlights Rosie Levine, executive director of the U.S.–China Education Trust, where she is leading a major new initiative to expand serious American scholarship in China and encourage Chinese institutions to open their doors wider to foreign researchers and students.RecommendationsMike: The Raider by Stephen R. Platt (Knopf, 2025) — a biography of Major Evans Carlson, the swashbuckling Marine officer who trained with Chinese Communist forces in the 1930s, befriended Zhu De, brought the word “gung-ho” into English, and died in 1947 just in time to miss both the PRC's turn away from liberty and McCarthyism's persecution at home.Kaiser: “How China Learned to Love the Classics,” a New Yorker piece by Chang Che on the remarkable renaissance of interest in Greco-Roman philosophy and literature in contemporary China — and what it says about the world we now inhabit. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Brendan Kennedy, Partner at Arthur Cox, joins host Patrick Dolan to discuss the securitization market in Ireland. Brendan covers the fundamentals of Irish securitization including tax implications, the regulatory framework and the parties typically involved in these transactions. Listen and subscribe to the Securitization Insight podcast on Apple Podcasts, Spotify or your preferred podcast app.

http://www.sherylkline.com/blogIf you've ever ‘choked' during an important conversation, it means that you're human and that you care deeply about the outcome which is great! What's not so great is that many times our inability to emotionally regulate robs us of our ability to influence, especially when the stakes are high.  Here's a look at my recent closed session at SFVegas for the Rising Stars cohort at Women in Securitization.  The focus was on Clarity, and what I'm about to share works any time of year, especially when you're facing pressure, uncertainty, or a high stakes moment.We're exploring three Olympic-level strategies that rarely get the attention they deserve, yet they change everything when you use them with intention: Agency, Identity, and Rituals. And if you love having a sense of control (that's me!), you're going to find these very effective:1) Agency: You Have More Than You ThinkThe root cause for non-clinical anxiety  is almost always the same, fixating on things we cannot control: how we'll be perceived by others, how the audience will react, whether you'll get the job, promotion, or the raise. Those are real concerns, but the outcome is not fully within our power to determine.Agency is the antidote, because it draws your attention back to what we can actually control. It's knowing exactly what you DO have control over and shifting your attention to those one or two things. The simplest way to build agency quickly is to decide two things: What is my desired outcome?, and What steps are within my control to move toward it? You may not have agency over whether the promotion materializes, but you absolutely have agency over the people you talk to, the skills you build, the conversations you initiate, and the commitments you keep. 2) Identity: Be Your Future Leader Starting Now!You've heard me say it before: new level, new devil. Any time you stretch into a bigger role or bigger visibility, that little voice may show up. "Who do you think you are? You're not ready."Feeling like an imposter? Good! It means that you've raised your hand to dream bigger, be in the rooms that make you uncomfortable, and raise your hand for positions that challenge youRather than fight it, acknowledge it, validate it, and then choose your next-level identity anyway. Identity is not a title. It's an internal agreement. If you want to be a director, VP, or higher, start thinking and operating like you are in that role now. If you want to be in bigger rooms, start carrying yourself like you belong in them now. Your current identity will always pull your behavior back to what's familiar, but your next-level identity pulls your behavior forward and creates the conditions for others to see you at that level, too.3) Rituals: The Missing Link Between Confidence and ConsistencyThere's often confusion between habits and rituals.. A habit is something you do consistently with flexibility. For example, I exercise every morning before work. Occasionally, I have an early meeting, so my exercise happens after my work day. A ritual happens at a specific time and does not change. For example, prior to all coaching sessions, I take three deep breaths and commit to being fully present. Rituals create stability inside uncertainty. Read more and watch my video at: https://www.sherylkline.com/blog/agency-over-anxiety-the-three-levers-that-create-clarity-when-stakes-are-highIf I can support you, your team, or your organization, please reach out to me directly at Sheryl@SherylKline.com.I'm cheering you on, always!- Sheryl

Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.In today's episode, we look at the latest talking points in the world of credit. Plus, Robbie sits down with Depth's Lindsey Neal for a discussion on modern relationship management, marketing, and PR strategies in the mortgage industry. And we close by looking at Redwood Trust's first non-QM deal.This week's podcasts are sponsored by Feewise, which turns mortgage compliance from bottleneck to business accelerator. Handle all the complexities involved with establishing TRID compliant fees and disclosures, achieve sign off, and deliver packages to your consumers for review or signature.

Affirm and Klarna are two leading players in the Buy Now, Pay Later (BNPL) space, both leveraging securitization and forward-flow agreements to fund their lending activities. Securitization involves packaging BNPL loans into asset-backed securities (ABS) or selling receivables to investors, allowing these companies to recycle capital, manage risk, and scale operations. This comparison draws on their 2025 activities, highlighting similarities in funding needs amid expansion and differences in delinquency trends and revenue models.

In this episode we will talk about Buy Now, Pay Later securitization.It involves packaging short-term instalment loans—typically interest-free or low-interest point-of-sale financing—into asset-backed securities (ABS) or similar structures. Providers sell these loan portfolios to investors, freeing up capital for more lending while transferring credit risk. This practice hasgrown rapidly as BNPL explodes in popularity, but it remains nascent compared to mature ABS classes like auto loans or credit cards.

Dallin Merrell, Head of Policy at Structured Finance Association (SFA), joins host Patrick Dolan to discuss the fraud task force that was recently launched by the SFA.   Listen and subscribe to the Securitization Insight podcast on Apple Podcasts, Spotify or your preferred podcast app.

Gaps in data verification likely contributed to missed double-pledging of assets at Tricolor Auto, prompting changes at rating agencies, Larry Chiavaro, president at his consulting company LC Advisors Group, told Auto Finance News during a special recording of the Weekly Wrap podcast.  Chiavaro also served as executive vice president and co-founder of First Associates Loan Servicing from 2010 to 2021. That company was rebranded as Vervent in 2020. The backup servicer took over Tricolor's portfolio following the company's Sept. 10 bankruptcy filing.  Tricolor is under investigation for allegations of fraudulently double-pledging assets to warehouse lines, with former Tricolor Chief Executive Daniel Chu and other former Tricolor executives facing a federal indictment alleging they committed fraud at the company.  The Tricolor bankruptcy served as a “wake-up call for the industry” and has spurred changes, Chiavaro tells AFN.In this special episode of the Weekly Wrap, Auto Finance News Founder and CEO JJ Hornblass joins Chiavaro to discuss the collapse of Tricolor Auto, backup servicing operations and risk management.  

http://www.sherylkline.com/blogMy young memories of the holidays were a little tricky and not always as joyous as I imagined they were for everyone else. If that's you during this holiday season, I'm sending big hugs and deep gratitude for being a part of the Fearless Female Leadership family. If you're relaxing and enjoying family and friends, I'm also sending the same to you, and I truly believe that time is the absolute best gift of all!Without you, there would be no Fearless Female Leadership community. As we approach 10 years of this work (speaking from stages, coaching incredible female executives and their teams, and now leading peer advisory masterminds) I'm in awe of the compounded impact that you all have had!Thank you for showing up.Thank you for speaking up.Thank you for leading with courage, heart, and impact… often in rooms that ask more of you than they should.I also want to share a few milestones I'm celebrating with The Zone Lab. We've formed new partnerships with Women in Securitization, Women in Product, and we renewed our partnership with Athena Alliance. All are organizations deeply aligned with advancing women in leadership.One highlight I'm especially excited about: I'll be leading a Rising Stars peer advisory cohort with Women in Securitization. It's a powerhouse group of 12 high-potential female leaders on the fast track to executive roles. We'll be working together in a hybrid format… meeting in person at their conference in February, gathering virtually throughout the year, and culminating with an in-person mastermind celebration in New York City next December. I couldn't be more energized by this work.On a personal note, there have been some meaningful moments at home too. My son Dan just turned 30 (which feels impossible), and I couldn't be prouder of him (or of his siblings, Ryan and Megan.) My husband Scott also had a big birthday (I'll just say it's double Dan's

An uptick in repossessions, continued affordability challenges and weakened credit performance are top of mind for lenders headed into 2026.  The shutdown of several lenders this year combined with inflationary pressures is likely to contribute to more repossessions at the end of 2025 and in early 2026. By Dec. 31, repossession assignments nationally are projected to surpass 10.5 million units for the year, according to American Recovery Association data.  At the same time, credit performance continued to worsen across securitized nonprime auto loans in November while prime loans had some deterioration. This bifurcation in credit tier performance is expected to continue next year.  Car sales have also been challenged as consumers face high sticker prices and shift to used vehicles, creating more competition in the market. CarMax's used-vehicle sales fell 8% year over year in its fiscal third quarter to 169,557 units, while CarMax Auto Finance's originations declined 9.3% YoY to $1.8 billion.  Meanwhile, Auto Finance News is pleased to name Sanjiv Yajnik, president of financial services at Capital One, the 2025 Auto Finance Executive of the Year.  In this episode of “Weekly Wrap,” Auto Finance News Editor Amanda Harris, Senior Associate Editor Truth Headlam and Associate Editor Aidan Bush discuss trends across sales, affordability and credit performance for the week ended Dec. 19.

Claude Brown, Jeffrey Stern, and Simon Hugo explore the various securitization structures within the data center sector, followed by an in-depth discussion on the environmental and social implications of data centers. This episode concludes with a comprehensive market overview of investment trends in the data center industry.

In Episode 110 of the Canadian Private Lenders Podcast, Ryan and Neal break in their brand-new studio with a deep dive into one of the hottest topics circulating in the real estate and lending world: the rise of 50-year mortgages in the United States.The hosts unpack what a 50-year mortgage actually looks like, who benefits, why the U.S. is considering them, and whether Canada would ever dare to follow. Along the way, they explore current housing forecasts, affordability breakdowns across Canada, private-lending implications, and the macroeconomic mechanics behind debt-driven asset growth.If you're a mortgage broker, lender, real estate professional, or investor, this episode offers a grounded, honest analysis of the policies shaping the future of housing.00:00 – What is a 50-year mortgage?00:26 – New studio intro01:08 – Back to in-person episodes01:43 – Remax 2026 housing rebound headline04:38 – Introducing today's topic: 50-year mortgages05:12 – U.S. vs Canada mortgage structures07:40 – Mechanics of 50-year amortization08:20 – Interest costs & debt misconceptions09:39 – Asset value growth from extended amortizations10:26 – Why the U.S. is considering this now11:36 – Securitization & “Big Short” parallels12:24 – Risks & criticisms15:52 – Halifax wealth effect example17:30 – Why Canada won't adopt 50-year mortgages18:28 – Securitization challenges in Canada19:01 – Consumer debt culture20:02 – Fragmented Canadian housing markets21:00 – Discussion on 40-year amortizations24:42 – Opportunity during corrections25:20 – Borrower affordability vs long-term wealth26:00 – Investors using long AMs indirectly27:00 – Income growth, zoning & structural differences29:04 – Private lending impacts if U.S. adopts 50-year mortgages30:16 – Canadian ALT market outlook31:32 – Lending risk during corrections32:40 – Final takeaway: Canada unlikely to adopt 50-year AMs33:40 – Wrap-up & studio shoutout34:37 – Sign-off & disclaimersResources:Keystone Capital GroupCPLP Instagram: @cplpodcastKeystone Instagram: @keycapgroupFind Neal On:Instagram: @neal.andreinoLinkedIn: Neal AndreinoFind Ryan on:LinkedIn: Ryan MacNeilE-mail: ryan@keycap.ca

Rick Antonoff, Partner at Chapman and Cutler and David Rosenzweig, Partner in our New York restructuring practice join host Patrick Dolan to discuss the role of independent directors and managers in structured finance and securitization. Our guests will also explore how these roles have impacted the First Brands bankruptcy.

On today's sponsored episode, HousingWire president and returning Power House host Clayton Collins sits down with Jennifer McGuinness, the CEO of Pivot Financial. With her extensive Wall Street background and her experience at Deutsche Bank, CoreVest, and WinWater, Jennifer brings unparalleled expertise to today's conversation about non-QM products and the future of mortgage securitization Clayton and Jennifer dive deep into product diversification strategies, the importance of prudent underwriting, and the innovative securitization framework that Pivot is developing to level the playing field for small and mid-sized lenders. They also tackle persistent non-QM misconceptions, explore the untapped potential of first and second lien HELOCs, and discuss how VantageScore 4.0 could reshape credit evaluation. Here's what you'll learn: Why non-QM products are essential for lender survival in today's market, not risky subprime lending How first lien HELOCs can serve as game-changing cash management tools for borrowers The real story behind VantageScore vs. FICO and what bond markets aren't telling you Pivot's revolutionary securitization framework could democratize liquidity for smaller lenders Why product innovation — not just rates and asset prices — holds the key to housing affordability Related to this episode:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Jennifer McGuinness | LinkedIn Pivot Financial Pivot Financial | LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HousingWire | YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Enjoy the episode! The Power House podcast brings the biggest names in housing to answer hard-hitting questions about industry trends, operational and growth strategy, and leadership. Join HousingWire president Diego Sanchez every Thursday morning for candid conversations with industry leaders to learn how they're differentiating themselves from the competition. Hosted and produced by the HousingWire Content Studio. Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us a textIn this episode, Richard C. Wilson, CEO of the Family Office Club, interviews George Hall, founder of Exchange Place and former CEO of a $10 billion hedge fund.They dive deep into:- How structured notes and securitization are evolving- The democratization of alternative investments after the JOBS Act- Why deal structure often matters more than strategy- The future of fractional ownership in assets like sports, entertainment, and artGeorge shares unique insights from his hedge fund career and explains how his new platform, Exchange Place, is opening access to institutional-grade investments for family offices and accredited investors.

Season 4, Episode 5: Jack Stone and Alex Gornik sit down with Ben Miller, CEO and Co-Founder of Fundrise, to reveal how technology is transforming commercial real estate investing and changing how retail investors access private markets. Ben shares the story behind Fundrise's rise to over $7 billion in real estate assets, why commercial real estate investing is all about macro trends now, and what drives the build-to-rent housing wave. He breaks down the latest on private credit, multifamily, and AI in real estate investment management. Plus, find out how Fundrise's digital platform is making real estate crowdfunding accessible to millions. TOPICS 00:00 Meet Ben Miller 04:45 How Fundrise democratized real estate investing 12:30 Macro trends driving commercial real estate returns 19:55 Build-to-rent strategies and platform innovation 26:40 Private credit and multifamily market shifts 34:10 Securitization and institutional investor trends 41:45 AI's impact on CRE investment and management 49:10 Fundrise's outlook for private markets in 2025 Shoutout to our sponsor, Lev. The AI-powered way to get real estate deals financed. For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/ Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily About No Cap Podcast Commercial real estate is a $20 trillion industry and a force that shapes America's economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry's biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate. About CRE Daily  CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

Andrew Lom, US Head of Financial Services and Global Head of Private Wealth in the New York office, joins host Patrick Dolan to discuss how tokenization is reshaping asset-backed finance. Andrew shares insights into how the foundational components of tokenization work together to reduce costs, boost transparency and accelerate settlement through near-instant transactions. We also examine the potential impact of the GENIUS Act and CLARITY Act on driving broader adoption of tokenization.

Chris Killian, Managing Director, Corporate Credit and Securitization at SIFMA, joins host Patrick Dolan to discuss compliance programs in relation to SEC Rule 192. They focus on the impact of clause (a)(3)(iii) and the SEC's no-action relief issued on May 16, 2025.Listen and subscribe to the Securitization Insight podcast on Apple Podcasts, Spotify, or your preferred podcast app.

Despite elevated distress levels and refinancing risks, investor appetite for CMBS and CRE-CLOs remained strong through the first half of 2025. Andrew Foster, Senior Director of Business Development at KBRA, talks to us about what's happening in the US CRE securitization market, and covers a wide range of topics from CMBS issuance trends to sector performance and the rise of private credit. For lenders and borrowers navigating today's capital markets, Andrew offers practical insights into what's changing, why it matters, and how to prepare for the quarters ahead. Key Moments:02:02 Understanding KBRA and Andrew's role03:45 Current market trends and issuance06:40 Investor appetite and market dynamics08:41 Private capital and non-bank lending10:52 Regulatory and policy changes15:07 Future outlook and optimism in CRE finance17:42 Data centers and AI in CRE financing21:11 The importance of CMBS22:31 Diversity in CRE leadership23:23 Closing remarks and follow-up Resources Mentioned:Andrew Foster: https://www.linkedin.com/in/andrew-foster-cmbs/KBRA: https://www.kbra.com/Real Estate Issues: https://cre.org/real-estate-issues/Email us: altusresearch@altusgroup.comThanks for listening to the “CRE Exchange” podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.#CRE #CommercialRealEstate #Property

Pratik Gupta, Managing Director and Head of Global CLOs and US RMBS Strategy at BofA Securities, joins host Patrick Dolan to discuss the CLO market, covering the key factors that shaped 2024 and the outlook for 2025. Pratik walks us through how syndicated and private credit is reshaping the landscape, the growth of the ETF market and the evolving buyer base.Listen and subscribe to the Securitization Insight podcast on Apple Podcasts, Spotify, or your preferred podcast app.  

In this episode of Actualizing Success, we delve into the dynamic and often underserved agricultural finance market. Our experts from Actualize Consulting—Partner Matt Seu, Director John Pomeranski, Senior Manager Jon Cooper, and Senior Consultant Caroline Pickering—share their extensive experience and insights into this crucial sector. The conversation looks at the intricacies of the Farm Credit System and its pivotal role in supporting farmers, ranchers, and rural communities through a network of borrower-owned financial institutions. They explore how entities like the USDA and Farmer Mac interconnect within this ecosystem and examine the challenges of market fragmentation and the diverse needs of agricultural financing. With a focus on innovation and the increasing relevance of younger generations in agriculture, this episode highlights opportunities for growth and improvement in ag finance, emphasizing Actualize Consulting's commitment to making significant strides in the ag finance market.Listen to learn more about:The structure and purpose of the Farm Credit SystemThe role of the USDA and Farmer Mac in agricultural financeSpecific challenges within the ag finance market, including fragmentation and varying lending needsOpportunities for innovation in the sectorThe impact of an aging workforce and outreach initiatives for young farmers   About Matt Seu Matt is a Partner at Actualize Consulting, managing the Mortgage & Fixed Income practice. With three decades of experience in the mortgage industry, Matt is a wealth of information and a true thought leader committed to moving the industry forward through digital transformation and standardizing how the mortgage industry communicates. Matt is a two-time winner of MISMO's prestigious Outstanding Contribution Award and the 2023 Industry Titans Award.  Email: mseu@actualizeconsulting.com  About John Pomaranski: John is a Director at Actualize Consulting with over 19 years of experience. His expertise includes project management, business requirements, and UAT for accounting system implementations. He specializes in financial system implementations, mortgage loan accounting and communication, and software development life cycle standards. He is a member of MISMO's Community of Practice. Email: jpomaranski@actualizeconsulting.com  About Jon Cooper  Jon is a Senior Manager at Actualize Consulting with extensive experience in requirements analysis, project management, process modeling/redesign, and systems conversions. He has in-depth knowledge of the mortgage industry from originations through Servicing, Securitization, and REO/default management.  Email: jcooper@actualizeconsulting.com  About Caroline Pickering:Caroline is a Senior Consultant at Actualize Consulting with a strong track record in digital transformation, project management, and process optimization. She has experience in rural lending, affordable housing, and loan origination. With experience managing risk logs and defect reporting, Caroline effectively oversees cross-functional teams to resolve issues and ensure project success. Email: cpickering@actualizeconsulting.com Get in touch with Actualize at www.actualizeconsulting.com. If you have any questions, comments, or would like to collaborate on a future episode, contact us at podcast@actualizeconsulting.com.     

Second-quarter sales of new autos were mixed following a spike in March and April ahead of tariffs taking effect, while incentives were robust during the Independence Day holiday weekend. Most major manufacturers saw a rise in vehicle sales in Q2, with General Motors and Hyundai Motor America reporting the best first half of the year in terms of sales. June, however, marked a slowdown in sales for some automakers. The July 4 holiday brought a mix of 0% financing and cash back offers, with incentive spend varied by brand.  Meanwhile, credit unions are putting excess lending capacity to work, evidenced by an uptick in application volume at fintech Origence, which provides technology and financing capabilities for credit unions. While application volume rose year to date through June, the fintech's ratio of funded loans to applications fell due to higher loan-to-value ratios in the market as consumers lean on longer-term loans to manage monthly payments.  Alloya Corporate Federal Credit Union issued its first asset-backed securitization deal on July 1, a $150 million transaction backed by prime auto loans issued by Blaze Credit Union, Consumers Credit Union and Interra Credit Union.  In this episode of the “Weekly Wrap,” Auto Finance News Editor Amanda Harris, Senior Associate Editor Truth Headlam and Associate Editor Aidan Bush discuss the latest updates on sales, incentives, funding and capital markets for the week ended July 4.

Welcome back to the Fintech Takes podcast. I'm your host, Alex Johnson, joined by Martin Kleinbard; advisor at Granular, ex-CFPB, and author of the absolute banger of a research report How Cash Flow Data Can Diffuse the Credit Score Time Bomb (which we just published on Fintech Takes!). Martin and I have been having nerdy off-the-record chats about credit risk and underwriting systems for years. But with his new research report, we had to hit record. First, we dig into the true origin story of FICO; not just the 1989 launch, but the regulatory vacuum left by 1970s civil rights legislation. And how that vacuum gave rise to the idea of a generalizable, “objective” score. A score that quickly became a proxy for trust. A tool turned institution. We unpack how: Laws meant to reduce discrimination led to over-standardization Securitization needs quietly reshaped how lenders priced risk A single point estimate became the underwriting gospel, even in the face of wildly diverging real-world ability to repay (!) Then, we turn our attention to now. Today, AI's juicing scores faster than lenders can keep up, but they're downgrading inflated FICOs when they can. This leaves consumers feeling betrayed, and the industry on the edge of a trust collapse. So, when trust in the score dies (and your customers feel misled), is there a plan for what comes next? Tune in to find out. This episode is brought to you by: Newline™ by Fifth Third is an innovative, API-first platform that enables fintechs to launch embedded payment, card and deposit solutions directly with Fifth Third Bank. Visit Newline53.com to see how Newline can elevate your business. Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ And for more exclusive insider content, don't forget to check out my YouTube page. Follow Martin Kleinbard: LinkedIn: https://www.linkedin.com/in/martin-kleinbard-6122aa1a/   Follow Alex Johnson:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnsonX: https://www.twitter.com/AlexH_Johnson

In this episode of Yet Another Value Podcast, host Andrew Walker welcomes back Brian Finn of Findell Capital for his fourth appearance. Brian, owning approximately 10% of Oportun Financial (OPRT), discusses his ongoing proxy battle to reform the company's board. He explains how Oportun's shift from a focused lender to an unfocused “fintech empire” led to operational bloat and shareholder destruction. The discussion probes governance failures, board entrenchment, and the recent removal of a high-performing director. Brian also outlines the investment thesis for Opportune, emphasizing its underserved customer base, strong unit economics, and potential for a major turnaround under experienced leadership. _____________________________________________________[00:00:00] Podcast and guest introduction[00:00:17] Brian's stake in Opportune[00:02:03] Overview of Opportune Financial[00:03:26] Critique of management decisions[00:04:11] Public campaign and board change[00:05:32] Legacy board's poor performance[00:06:15] Cost issues and board pushback[00:09:42] Operations improved by new directors[00:10:36] Scott Parker removed from board[00:12:02] Proxy fight motivations detailed[00:14:52] Management oversight challenges[00:16:11] Rebuttal to board's defense[00:18:01] Governance structure and concerns[00:21:34] Why Opportune is worth investing[00:23:25] Opportune unit economics breakdown[00:27:25] Rate cap policy criticism[00:30:12] Securitization and interest costs[00:34:17] October financing explained[00:38:25] Strategic oversight recommendations[00:41:01] Nominee Warren's qualifications discussedLinks:Yet Another Value Blog: https://www.yetanothervalueblog.com See our legal disclaimer here: https://www.yetanothervalueblog.com/p/legal-and-disclaimer

In this episode Sandeep and Hina explore the future of securitization in Saudi Arabia, sharing key takeaways from a recent S&P Global Ratings roundtable in Riyadh with Mohamed Damak and Matthew Mitchell. Our aim is to provide market participants with further advanced analytical insight into corporate credits, CLOs and Leveraged Finance deals, with S&P Global Ratings' regular podcast, based on key features we're seeing in corporate credits and sectors that CLOs are exposed to.

Securitised credit is emerging as a key driver in financing the green transition, offering investors opportunities to support ESG initiatives without sacrificing return. This episode of Fixed on ESG navigates how securitisation helps fund green assets, the challenges of measuring financed emissions, and the evolving regulatory landscape in the U.S. and Europe. We break down the mechanics of green securitisation and discuss how investors can navigate this space. PGIM Fixed Income's Taylor Chatlos, ESG Specialist, hosts this discussion with David Klausner, ESG Specialist, and Edwin Wilches, CFA, Co-Head of Securitised Products. Recorded on March 12, 2025.

We're pleased to have as our guest Daniel Whitehead. Daniel was a 2022 James Wilson Fellow. He served in the General Counsel's Office of Governor Ron DeSantis and has clerked on two federal courts, the U.S. Court of Appeals for the Seventh Circuit and the U.S. Court of Appeals for Veterans Claims. He was also a John Marshall Fellow of the Claremont Institute. He is currently a Senior Fellow of the Hungary Foundation, where he is spending a year living in Budapest. We were eager to hear about Daniel's experience in Hungary living amidst the Hungarian people, learning the Hungarian language, and conducting original research and writing. We also discuss his recent article we republished at Anchoring Truths titled Securitization: A Solution to the Migration Crisis in the United States.

Atanas Bostandjiev, founder & CEO of Gemcorp Capital Management, joins BI chief emerging markets fixed-income strategist Damian Sassower to discuss his firm's approach to engineering performance and mitigating risk in emerging and frontier markets. Securitization expertise is critical when extending private credit to local operators across emerging markets, with heavy focus on principal protection and repayment. Bostandjiev and Sassower examine loan structuring, deal flow, exit strategies and currency risk, as foreign creditors' appetite for incremental carry extends to EM.

Send us fan responses! Unlock the secrets of financial empowerment and the hidden mechanics of securitization with our expert guest, Sean Adley. Ever wondered if classical composers had undiscovered backgrounds? Imagine if Bach and Beethoven's lineage was linked to Moorish heritage. We tackle these tantalizing historical theories, all while diving into the monumental impact of securitization on everyday life and its legal implications. Our discussion weaves through the complexities of mortgage-backed securities, shining a light on how historical truths and financial knowledge intersect in unexpected ways.Prepare to be enlightened as we reveal the intricate role of specialized reports in legal victories, showcasing a real-life case where a million-dollar property settlement was secured through expert analysis. Discover how the securitization of loans, from mortgages to credit cards, can provide leverage in court cases and beyond. We delve into the fascinating world of municipal bonds and how public funds are truly allocated, equipping you with the knowledge to challenge traditional financial narratives. Understanding these mechanisms offers a unique advantage in both personal financial decisions and public legal matters.From demystifying credit unions' unique approaches to exploring the ethical concerns of prison privatization, this episode promises a comprehensive and thought-provoking journey. Sean Adley shares his insights on uncovering fraud within the securitization process, highlighting the importance of education and strategic thinking. Whether you're an investor, a curious consumer, or someone looking to challenge established systems, join us as we explore the interconnectedness of history, finance, and culture, empowering you with the knowledge to make informed decisions in an ever-evolving financial landscape.FOLLOW THE YELLOW BRICK ROAD - DON KILAMGO GET HIS BOOK ON AMAZON NOW! https://www.amazon.com/Million-Dollars-Worth-Game-Kilam/dp/B09HQZNRB9 https://donkilam.com https://www.amazon.com/CapiSupport the showhttps://donkilam.com

Stephan and Pierre discuss the evolving landscape of Bitcoin, focusing on the dichotomy between securitization and tokenization. They explore the regulatory environment, the challenges of Bitcoin adoption, and the implications of volatility on investor behavior. The discussion also touches upon the financialization of Bitcoin and the misconceptions surrounding tokenization of real-world assets, ultimately questioning the value created through such processes.They also discuss the risks associated with traditional financial systems, the importance of self-custody, the psychological barriers to Bitcoin adoption, is stablecoin a gateway to Bitcoin and the challenges of privacy and surveillance in financial transactions. Takeaways

In this episode of The Lenders Playbook, we're joined by Wesley Carpenter of Stormfield Capital for an insider look at private credit and bridge lending. Wesley shares how Stormfield stands out in the competitive lending space and reveals key strategies that set them apart.You will learn:✅ Stormfield's mission and the problem they're solving✅ How they underwrite and close deals fast✅ Why being a balance sheet lender gives them an edge✅ The appeal of private credit for investors✅ How securitization and loan servicing drive success✅ The current market's impact on bridge lending✅ Traits of top professionals in real estate finance✅ Must-read publications for business growthIf you're looking to level up your understanding of private lending, this episode is packed with valuable takeaways.

Investors are bracing for more political chaos after last week's tariff wars which tripped up sentiment, sending the dollar higher and Gold to record levels. Why the strong dollar is pinching corporate profits inside the biggest companies in the world, and what they are saying about it. Plus. The President's holding company just announced the registration of new ETFs and SMAs that track his "America First" agenda. While conflicts of interest and the executive branch of government have always had a cosy relationship, we've never seen this kind of securitization of America's policies. And, new tax proposals are about to hit Congress where the real fight over America's fiscal future is about to get interesting, including the potential closure of the carried interest loophole. LINKS FOR SHOW NOTES https://russellinvestments.com/us/blog/us-tariffs-potential-implications https://www.imf.org/en/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025 https://www.globenewswire.com/news-release/2025/02/06/3022027/0/en/Trump-Media-Registers-Trademarks-for-Truth-Fi-Investment-Vehicles.html https://www.investopedia.com/terms/c/carriedinterest.asp https://www.congress.gov/bill/118th-congress/senate-bill/2463/text https://www.investopedia.com/these-two-assets-will-have-the-best-returns-under-trump-per-investopedia-s-readers-8787190 https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8786864 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Leslie Sack, Director of Advocacy at the Structured Finance Association, joins host Patrick Dolan to review the latest shifts in financial regulation and leadership. Sack provides her perspective on French Hill's expected agenda as the new chair of the House Financial Services Committee, the challenges facing Caroline Crenshaw's renomination to the SEC, and Tim Scott's priorities as the new chair of the Senate Banking Committee. We also examine the potential candidates for leading the CFPB, OCC, FDIC, and the SEC.

This week on Sinica I'm delighted to be joined by Amy King, Associate Professor in the Strategic & Defence Studies Centre at The Australian National University. She shares her ideas about how perceptions of insecurity can paradoxically motivate closer economic relations between two states, and she looks at not only the examples of China and Japan after the end of World War II, but Australia and China as well. We also discuss Sino-Australian relations over the last 15 years, and much else!2:48 – Key phases of Australia-China relations over the past 15 years and the security and economic nexus 9:05 – Amy's research into the Sino-Japanese relationship and how perceptions of insecurity can motivate closer economic ties, and how Australia is responding to China now 21:22 – How Amy would argue the case for economic engagement with China to folks in Washington 26:31 – Securitization in Australia and the important differences between Australia and the U.S. 30:20 – The shift in the Australia-China relationship under the Albanese government 33:12 – What the U.S. can learn from Australia 35:14 – Why people tend to conflate Australia's experience with America's 39:04 – Amy's essay, “The Collective Logic of Chinese Hegemonic Order,” and how we can understand China's role in the emerging post-unipolar world42:47 – Three mechanisms employed by China to amplify its voice post-war (amplifying, grafting, and resistance by appropriation) and how modern “middle powers” can influence the international order now 52:31 – The state of discourse on China in Australia and what Amy believes China wants 58:54 – Amy's thoughts on pluralism and international order 1:03:22 – What lessons about de-risking and navigating multi-alignment Australia should be learning from other nations in the region Recommendations:Amy: Fintan O'Toole's We Don't Know Ourselves: A Personal History of Modern Ireland Kaiser: The Paul Reed Smith (PRS) SE Hollowbody II Piezo electric guitar See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Both consumer and corporate structured finance obligors will benefit from falling interest rates and moderate economic growth, although high costs will keep straining some borrowers' finances. In this episode, we'll discuss other factors contributing to the Moody's Ratings outlook for the sector in the year ahead. Host: Aaron Johnson, Vice President – Research WriterGuest: Annabel Schaafsma, Managing Director, Global Structured Finance

From golden handcuffs to home equity innovations: Discover how today's unique housing market is reshaping fixed income opportunities. Join us for an insightful discussion on rate dynamics, securitization trends, and what's ahead for fixed income investors. Bloomberg US Aggregate Bond Index measures the performance of investment grade, fixed-rate taxable bond market and includes government and corporate bonds, agency mortgage-backed, asset-backed and commercial mortgage-backed securities (agency and non-agency). The index is unmanaged, includes net reinvested dividends, does not reflect fees or expenses (which would lower the return) and is not available for direct investment. Index data source: Bloomberg Index Services Limited. See diamond-hill.com/disclosures for a full copy of the disclaimer.  The views expressed are those of the speakers as of November 2024 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

By engaging across multiple sectors of the structured product markets, 400 Capital Management has the flexibility to independently deal with the unique cycles and phases of the various asset classes. Founder and Managing Partner Chris Hentemann joins Noel Hebert and Sam Geier of Bloomberg Intelligence on this episode of Credit Crunch to talk through the process of navigating through those cycles. The conversation touches upon asset class allocations, the risk-transfer market, joint venture benefits, the attraction of commercial real estate, and more. Credit Crunch is part of the FICC Focus podcast.

This interview with Brett Jefferson discusses trust preferred CDOs, why they can provide such great opportunities, and how Brett's fund capitalizes on this niche market. Brett and Jack also discuss the private credit market, the risks and benefits of securitization, the performance of the collateralized loan market, and much more. Recorded on September 10, 2024. Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ Follow the new host of Forward Guidance, Felix Jauvin https://x.com/fejau_inc Jack's upcoming podcast, Monetary Matters: https://www.youtube.com/@Monetary-Matters __ Timestamps: (00:00) Introduction (00:59) Trust Preferred CDOs (08:44) Starting Hildene Capital Management (10:44) Buying Trust Preferred CDOs (13:22) Deferred Payments (20:13) Trust Preferreds Regulated Out (23:15) Philadelphia Fed Paper (27:38) Taking Advantage Of Inefficient Markets (34:33) Private Credit (37:55) Hildene's Market Niche (44:11) The Structured Credit Market (51:44) Structured Security Correlations (55:20) Credit Market Risks (01:00:00) The Realities Of Private Credit (01:08:27) TruPS CDOs (01:11:03) Private Credit CLO Market (01:14:48) Risks & Rewards (01:18:58) Collateralized Loan Market Performance (01:25:28) Closing __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Send us a Text Message.Unlock the secrets of managing and protecting your assets like never before! Imagine benefiting from assets you don't directly own—sounds intriguing, right? Join us as we unravel the complexities of trusts, LLCs, and asset management, using relatable examples like car ownership to illustrate how you can safeguard your wealth. We dive into the nitty-gritty of setting up trusts and LLCs, understanding Schedule A in tax filings, and incorporating assets like firearms into your trust.We take a deep dive into the world of holding companies and special purpose vehicles, focusing on how to protect your personal assets from business liabilities. Learn the advantages of establishing holding companies in states known for their favorable legal frameworks, like Nevada and Wyoming, and how to effectively manage these entities to minimize tax liabilities. Discover how major financial institutions operate using these structures and how you can apply these strategies to your own financial management.Finally, we explore the fascinating realm of asset-backed securities, municipal bonds, and the intricacies of financial disputes. Understand how various assets are securitized to generate financial securities and the potential investment opportunities within car loans and credit card receivables. We also touch on the complex processes of transforming notes and court judgments into securities, navigating arbitration, and understanding Generally Accepted Accounting Principles (GAAP). This episode is packed with essential information for anyone looking to enhance their financial education and protect their assets effectively.https://onlyfans.com/donkilam https://onlyfans.com/donkilam https://www.amazon.com/Capi https://www.amazon.com/Cant-Touch-This-Diplomatic-Immunity/dp/B09X1FXMNQ https://www.amazon.com/Million-Dollars-Worth-Game-Kilam/dp/B09HQZNRB9Support the Show.https://donkilam.com

Eoin Matthews is the Co-founder at Point, a home equity investment company making home equity wealth accessible to homeowners without creating a monthly debt obligation. Homeowners get upfront funds from Point in return for a portion of your home's future appreciation. Point recently announced an oversubscribed $141M securitization, which marked it's second rated securitization and third overall, with its collaboration with Atalaya Capital Management. Eoin previously served as the VP of Business Development at Rakuten and has an extensive background in education.(2:20) - Point's & Eoin's origin story(5:43) - Potential HEI benefits for investors(9:20) - Point's securitizations strategy(11:42) - Capital stack evolution(14:17) - M&A activity in Housing tech companies(17:00) - Feature: Blueprint Vegas 2024(17:54) - State of the Housing Market(24:07) - Affordability of owning vs. renting a home(29:47) - Underwriting Proptech in the current rate environment(32:28) - Collaboration Superpower: Steve Wozniak (Apple Co-founder)