In the inaugural episode of our new series, Managing Directors of EMEA Structured Finance Neal Shah and Annabel Schaafsma discuss asset-backed securities backed by non-performing loans (NPL).
In the podcast, they outline who sponsors these deals and why; how the role of the special servicer in non-performing loan transactions is more essential than in standard structured finance deals; other key features that create stronger NPL transactions and the impact on the analytical process if these key features are not present.
