Securitized Products Group (SPG) Questions - MBS and CLO
Hi all,
I’m very interested in the Securitized Products Group (SPG). From what I understand, this includes ABS and its derivatives (MBS, CLOs, etc.) and falls more under the S&T side. I wanted to ask a few questions:
1) What is the impact of forbearance on the MBS market? From what I understand, Fannie and Freddie will guarantee payments for MBS investors on the secondary market, but without payments from the homeowners, wouldn’t they be in an insolvent position like in 08?
2) Leveraged loans are not doing well as companies have cash flow problems. What is your future view on the CLO market?
WSJ article I just read: https://www.wsj.com/articles/what-we-talk-about-w…
Also, I’m having a few informational calls with alumni in this group, both sales and trading. What are some other topics that are of interest in the SPG space right now that I should know/ask about?
Thank you!
Prospect in PE - Other, bummer your thread hasn't had a response yet. Sometimes bots are smarter than humans anyways:
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
bump
I wouldn't say loans aren't doing well. We are basically at post COVID highs which is due to thr technical environment as CLO creation has picked up rapidly.
IMO there are way too many CLO managers and an upcoming downturn should wipe a few guys out who have no reason being around. CLOs are a great product going forward IMO
Assumenda quia et laudantium laboriosam. Doloremque id est enim numquam dignissimos quia. Rerum dicta ut sint optio occaecati. Dolorem odit quod velit animi ea sit consectetur. Omnis ut perspiciatis dolorem eum sunt velit quasi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...