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Moody’s Talks – Structured Finance Podcast
AUGUST 2018
August 8th 2018 6:50mins
In the next installment of our podcast series, Yehudah Forster, Senior Vice President in US RMBS and Associate Analyst Michelle Tam discuss the risks of shrinking third-party diligence reviews (TPRs) among a small number of prime jumbo private-label residential mortgage-backed securitization issuers (PLS).They address the increased dependency on representations and warranties as a tool to protect transactions against losses from defective loans. ​​​​​
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