Imagine a new global financial crisis (GFC) materialising every year from here. The market seems focused on the fact that it will get tougher for consumers, and is in some cases pricing in default rates equivalent to GFC levels of stress, for years to come. It is, however, all a question of magnitude when underwriting pools of performing consumer finance assets. In this episode, Jerome Henrion and Jo Tomkins survey the mortgage and consumer loans landscape and assess how current circumstances stack up versus pre-GFC.
Speakers: Jerome Henrion, Head of Specialty Finance & Jo Tomkins, Investment Specialist, Specialty Finance.
Host: Romil Patel, Senior Editorial Manager.
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