
Amy Martin, senior director of structure finance at S&P Global, will join the Auto Finance Summit speaker faculty to discuss capital markets and funding amid expansionary monetary policy at 9:05 a.m. on Friday, Oct. 29.
The session will focus on changes in the securitization market since the pandemic and what it means for funding strategies; an update on spreads and yields, and their implications for pricing; and credit performance by asset class.
Asset-backed securities volume is currently propped up by low interest rates and elevated used-vehicle values. As of July 16, auto ABS issuances on loans, leases, fleet and rental cars were up 65% year over year to $74.4 billion, outpacing even 2019’s year-to-date volume of $66.2 billion, according to data from JPMorgan Securities.
Martin specializes in auto-related ABS and is a consumer asset-backed analyst and manager. Prior to joining S&P in 1993, she worked at JPMorgan Chase as a credit analyst, and then spent time at Barclays Bank as a senior associate responsible for structuring, pricing, negotiating and obtaining credit approval for new loans to large corporate customers.
The final day of the Auto Finance Summit will also feature sessions on residual values in 2022 and beyond; practices in data management and usage for better risk results; and regulatory changes and expiring COVID moratoriums.
More information on the 2021 Auto Finance Summit is available here. Register for the Summit here.