Quoted, Servicer Advance Securitization Ratings, Structured Finance News

The Real Reason Servicer Advance Securitization is on Hold

Structured Finance News

On Standard and Poor’s decision to revise its approach to rating deals, Rudene Haynes tells Structured Finance News, "It’s not terribly surprising that when they issued a moratorium on ratings, that really put a dent on the rate of issuance of rated advance receivables backed term ABS.” Haynes represents issuers, lenders, servicers and underwriters/placement agents of myriad financial assets, including mortgage-related assets, trade receivables and other payment intangibles.