One of the most important industry conferences focused on the securitization market, hosting a delegation of over 3,000 structured finance and securitization professionals, including more than 1,000 issuers and investors. ABS East 2014 will provide comprehensive coverage on the revival and strengthening of the US securitization market, along with what our markets should look like in the future, given the importance of securitization to the real economy.
The ABS East agenda will feature intensive panel discussion on a variety of topics including:
Intensive, Interactive Investor Workshops
Identifying the Major Global Macro-Economic Risks on the US Securitization Markets
The Future of Mortgage Funding and the Impact of GSE Reform in the US
Legislative and Regulatory Developments and How They Will Shape the Landscape of the US ABS Market
Outlook for Consumer ABS including Autos, Credit Cards, Student Loans and Transportation Finance
Commercial Real Estate Finance Overview
State and Local Level Policy Initiatives and Private Label MBS Revitalization
In the aftermath of the financial crisis, low interest rates and strict capital requirements combined to make servicing a losing proposition for many banks. The sharp glare of regulators didn’t help either, as banks and nonbanks navigated the already thankless waters of servicing with a new target on their backs. But all that changed abruptly in the fourth quarter of 2016 with the one-two punch of a Trump win and a rate hike by the Federal Reserve.
Singling out the law that created the CFPB generated a backlash from Congressional Democrats, but it remains to be seen what Democrats can do to stop the Trump juggernaut. See what Mike Jones of Navigant advises servicers to do in this uncertain environment.
Portfolio managers and investors also have a vested interest in the expansion of the non-QM market. They have an appetite for non-QM assets as they represent an attractive yield opportunity. That’s why we’re seeing more “hold” strategies at work with current non-QM production.