Securitization Insight

Kristi Leo, President of the Structured Finance Association, joins us to discuss the securitization industry’s progress transitioning away from LIBOR, the status of draft LIBOR transition legislation, potential issues regarding CME licensing of SOFR term rate, CLO transactions and the mismatch between the underlying loans tied to LIBOR and asset-backed bonds and the transactions being issued at different rates, the efforts of the Department of Education to focus on the student loan securitization space in regards to the LIBOR transition, and more.

Brock Wolf, managing director at Truist Securities in the Structured Products Group, joins us to discuss trends in the asset-backed securities (ABS) warehouse financing market, trends in the ABS capital market, which asset types are “hot” right now, growth opportunities for investors, new asset classes the company is currently working on and more.

In our first full-length episode, Lenny Giltman, Chief Credit Officer at Kroll Bond Rating Agency (KBRA), joins us to discuss his experience at KBRA. We go over the role of the ratings legal department at KBRA, the importance of legal review in credit analysis, Lenny’s background in legal and how it informs his new position as Chief Credit Officer, the asset classes KBRA is most active in, how KBRA is distinguished from other ratings agencies and the obstacles it faces in building its market share, how it has responded to the increased focus on ESG risk and more.

Securitization Insight features in-depth discussions on the latest industry developments. The podcast is hosted by partner Patrick Dolan who interviews key business leaders and policy makers to investigate important trends affecting the securitization space.