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Summary
Join us for an insightful webinar exploring the evolving dynamics of the residential mortgage market, including how LEVELS® deliver transparency and credit intelligence across the loan, pool, and RMBS levels. We’ll discuss current market trends, emerging opportunities, and how to navigate credit risk analysis in today’s environment.
This session is designed for RMBS investors, banks, mortgage originators, servicers, underwriters, and credit risk professionals seeking deeper insight into residential loan performance, securitization trends, and tools for proactive risk management.
Key Highlights:
- Key Trends in residential lending and US RMBS with a focus on US RMBS issuance trends, the US housing and other related insights on the topic.
- Secondary Market and Pricing Trends – what MI is seeing on the secondary market, spread movements, issuance and our universe of coverage, and increased dealer participation in certain sectors.
- Mastering Risks and Opportunities in the US RMBS Market - The thought leaders will provide insights on how LEVELS® enhance loan-level analysis and credit signals at the loan, pool, and deal level.
Moderator
S&P Global Market Intelligence
Noel Maken
Product Specialist, Risk & Valuation Services
Noel Maken joined S&P Global Market Intelligence in 2022. He is a Credit Product Specialist and works closely with Commercial and Product teams to develop and deliver innovative solutions that empower clients to effectively assess and manage counterparty risk. Leveraging his expertise in credit risk methodologies, data analytics, and technology, Noel helps clients streamline their risk assessment processes and make informed decisions using advanced credit models and cutting-edge technology.
Speakers
S&P Global Market Intelligence
Stewart Webster
Director, Credit & Risk
Stewart Webster is a 13-year veteran at S&P Global and currently serves as a Director on the Credit & Risk Solutions team in the Market Intelligence segment. His focus is quantitative risk models that are driven by big data, machine learning, and climate impact. Stewart uses these models to streamline processes and provide workflow automation for the firm’s global clients.
He was also an Associate on the Leveraged Finance team at S&P Global Ratings. In this credit analysis role, he rated high-yield sponsor-backed companies and Middle Market CLOs. He was lead author for the “Credit Estimates within Middle Market CLOs” quarterly series and produced credit research often cited by financial institutions and government agencies. He joined S&P Capital IQ in 2010 where he managed the North America and MENA Private Equity Research teams.
S&P Global Ratings
Tom Schopflocher
Managing Director, Structured Finance Research
Tom is a Managing Director with S&P Global Ratings’ Structured Finance Research Team, located in New York City. His primary responsibility involves producing timely and market-relevant research publications. Tom hosts and produces podcasts and webcasts to promote structured finance events, publications, and topics of general interest to financial professionals.
In addition to structured finance research, Tom carries out time series forecasting analyses, sometimes in conjunction with economists and analysts outside of the Structured Finance Group.
Before joining S&P Global Ratings in 2015, Tom worked as an economic consultant, focusing on securities litigation concerning securitized and other financial products. He has also worked at several sell-side firms specializing in fixed income strategy and research, including the modeling of defaults and prepayments of mortgage-backed securities.
Tom holds a Bachelor of Science degree from McGill University and Master of Science and Doctoral degrees from The University of Western Ontario, all in applied mathematics.
S&P Global Market Intelligence
Vihar Shah
Director, Securitized Products Pricing
Vihar leads the Non-Agency RMBS and ABS pricing teams within S&P Global's Securitized Products division, where he serves as a resident subject matter expert for the RMBS sector. With over 14 years at S&P Global, Vihar has developed deep expertise across multiple securitized product sectors especially RMBS throughout his tenure.
In his current role overseeing the Non-Agency RMBS pricing team, Vihar and his team are responsible for pricing more than 85,000 bonds spanning both legacy (pre-crisis) and RMBS 2.0 sectors. This comprehensive coverage includes Prime Jumbo, Non-QM, RPL, NPL, HELOCs, CES and other Non-Agency RMBS sectors.
Questions?
Please contact us if you need more information or have trouble accessing the webinar.