by Vy Phan | Aug 3, 2020 | Blog
Greetings, This week, we look at the (1) US’ record-setting second quarter GDP, (2) hardship program performance at the public and FinTech lenders we track; and (3) the closing of an era, as pioneer OnDeck is acquired by Enova, (4) ‘contactless’ product...
by Vy Phan | Sep 29, 2019 | Blog
Greetings, This week, we touch on the latest bank wars, highlights from ABS East, and improving US Consumer Balance sheets. Since the financial crisis, the top 5 banks seem to have won the first chapter in the deposit wars, commanding over 60% of deposits. However,...
by Vy Phan | Sep 22, 2019 | Blog
Greetings! This week the housing market heated up, recession fears cooled down, and Libra was put on the hot seat once again. The 3% growth rate that President Trump set as his goal in the beginning of the year is seeming out of reach, as economists expect a rate...
by Vy Phan | Sep 15, 2019 | Blog
Greetings, Securitization professionals are gearing up for the ABS East Conference in Miami starting this Sunday Sep 22nd. Marketplace lending ABS issuers are accelerating their deal activity to get ahead of potential recession talk concerns. Topics at the conference...
by Vy Phan | Sep 8, 2019 | Blog
Greetings, This week, the Trump administration released their long awaited housing finance plan that will privatize Fannie Mae and Freddie Mac. The most notable, although not unexpected recommendation is to end the GSE conservatorship subject. At the same time the...