Commercial banking

Bob Marshall is co-founder and CEO of Whisker Labs. After a family member experienced a
devastating home electrical fire, Bob founded Whisker Labs to create Ting, a sensor and service
that helps detect and prevent electrical hazards before they can start a fire. The company is
partnered with over a dozen US insurance providers seeking to better protect their customers
and mitigate fire-related losses.

As an engineer, Bob is passionate about identifying crucial data that solves big problems – in
this case, Whisker Labs' network of 800,000+ Ting sensors is the most comprehensive data
resource on electrical fires today.

Tighter spreads are expected as floating-rate demand continues.

The deal mitigates mortgage-pool risk with CLO credit strengths

Nonagency issuances are expected to increase 85% for this year over 2023, and rise another 36% in 2025, the second best since the financial crisis.

Tana Rugel is chief risk & compliance officer of Synctera.

TCW is launching a real estate debt strategy as it seeks to grow its alternatives business and compete with other money managers moving into the $1.6 trillion private credit industry.

Unlike some recent RMBS deals, both exclude riskier interest-only loans and those supporting investment properties.

Legacy RMBS structured to withstand challenging mortgage market

 Martin Sapiurka is head of remittances at dLocal.

Mortgage originators should expect more of those interest rate dips that took place in September, but when they happen is the unknown factor, economists said.

Underwriting league tables of asset-backed securities through December 12, 2024

Issuance volume of asset-backed securities for the year through December 12, 2024

Terri Kallsen is a managing partner at Rise Growth Partners, a financial partner for middle-market RIAs, and was elected the 2025 CFP Board chair-elect.

Formerly, she was the COO of Wealth Enhancement Group leading advisor teams, platform/digital strategy and high net worth and trust services. Prior to WEG, she was executive vice president of Investor Services at Charles Schwab, leading 7,000 employees and $1.6 trillion in AUM. Her tenure at Charles Schwab was highlighted by multiple J.D. Power awards for client satisfaction.

Delay refinancing two loans prompts drop to below investment-grade for one class of CMBS

Affirm partners with Sixth Street to sell its buy now/pay later loans to the investment firm; Associated Banc-Corp promotes Steven Zandpour to deputy head of consumer and business banking; Visa Direct speeds up its money transfers; and more in this week's banking news roundup.

Offshoot of well-known European asset manager taps JP Morgan to structure deal

New arrivals to the ABS market seek investors in less than stellar-rated bonds.

Jeremy Thielen, CPA, PFS, is general partner of tax and wealth strategies of Thielen & Associates Inc. 

Michael Bannon is vice president of CSG Partners, a leading ESOP investment banking practice. Since joining CSG in 2017, he has advised middle-market clients on a range of employee ownership transactions, including leveraged ESOP formations, M&A, and plan recapitalizations. Reach him at mbannon@csgpartners.com. 

Top banks are underwriting the deal, but most of the securitization's loans lack documentation.