The Coronavirus, which began in China, has infected more than 17,000 people, causing the U.S. and Europe to block visitors from China and screen returning citizens. As one of the world’s largest economies comes to a standstill, the impact on the economy is significant.
Over the past year, the global economy has grown at its slowest rate since the financial crisis – a development that is exacerbated by the slowing of housing markets across the world.
SFA CEO Michael Bright will speak at the Information Management Network’s (IMN) Global Investors’ Conference on Securitization in China, taking place from March 27th through March 28th in Beijing.
On Wednesday, January 15, President Trump signed a “Phase One” trade deal with China that will reduce some tariffs, but, ultimately, do little for America’s homebuilders according to the National Association of Realtors.
In their recent 2020 Global Structured Finance Outlook, S&P Global Ratings indicated that despite fear over a slowing global economy, 2019 was an active year for the structured finance markets and predicts 2020 will be active as well.
SFA CEO Michael Bright met with the People’s Bank of China (PBOC) during a recent visit to Beijing. Following this meeting, the PBOC reached out to SFA for additional context on a variety of securitization-related questions.
A recent Asset-Backed Alert (ABA) from ABAlert.com highlighted that China’s Securitization Market has enlisted SFA’s help in modernizing the market and increasing interest from foreign investors.
S&P released a new report highlighting that global securitization issuance is once again expected to reach $1 trillion by the end of 2019. At the end of September 2019 total issuance volume was approximately $770 billion, up from $750 billion a year ago.
