Moodys managing director Will Black discusses servicing marketplace loans. Many have automatic debit, making collections hassle-free. But a crisis-induced spike in defaults has yet to test the model.
More From Asset Securitization Report
FIS and Napier Park’s long-time partnership bears tech fruit
Strategically introducing AI bolsters FIS' value added services, and improves clients' scalability and decision-making.
Five monetary policy developments to watch in 2025
The Federal Reserve is poised to make several key decisions during the year ahead that will impact monetary policy both in the near term and for years to come.
Private credit is the hot new thing, but its roots go back to 1980s junk bonds
Private credit is now the buzziest corner of Wall Street. These loans to companies charge floating rates, and the Federal Reserve's tightening campaign has lenders collecting double-digit yields.
Buy now/pay later lenders face holiday risk tests
A tightening economy plus an aggressive start to fourth quarter shopping will put firms' underwriting decisions under the microscope as regulators' concerns mount.
Redlining’s lasting damage to communities
The racially targeted mass shooting at a Buffalo, New York, grocery store in 2022 has renewed conversations about whether banks have a duty to help segregated, impoverished communities that were shaped in part by discriminatory lending practices. What do banks owe the Black community, and what influence could they have?