In the latest episode of our “European Securitisation Insights” podcast, Mudasar Chaudhry, who leads our European Structured Finance Research team, was joined by Andrew Lynch, Vice President of European Structured Finance Ratings, Surveillance, and Petter Wettestad, Vice President of European Structured Finance Ratings, Surveillance, to discuss the Irish buy-to-let (BTL) sector.In this episode, the panellists summarised their observations across BTL in Ireland, including the key drivers and challenges facing the industry. Our experts delved into details of Irish BTL residential mortgage-backed securities (RMBS) transactions and how they are performing amidst the recent macroeconomic environment as well as stricter local rent reforms. They also shared their thoughts and expectations on the asset performance of RMBS transactions based on our analysis.For our thoughts on recent trends in Irish house prices and the mortgage market, please check out episode 30 on Irish prime and nonprime RMBS.Related Content:“Irish Buy-to-Let Performance Report: Q1 2025”,https://dbrs.morningstar.com/research/456754By downloading or listening to this podcast, you are agreeing to the Morningstar DBRS disclaimer and legal terms and conditions found at dbrs.morningstar.com/about/disclaimer and dbrs.morningstar.com/about/termsandconditions, including that the information provided is not investment, financial or other advice. Morningstar DBRS will not be liable for losses arising from your use of the information. Please note that the content of this podcast is intended for European audiences only.
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Global ABS 2025
In the latest episode of our “European Securitisation Insights” podcast, Mudasar Chaudhry, who leads our European Structured Finance Research team, collated thoughts from the following Morningstar DBRS analysts featured at this year’s Global ABS conference in Barcelona:Christian Aufsatz, Managing Director and Head of European Structured Finance Ratings, moderated the Day 1 ‘The Stability Among Chaos: Capital Markets Forecast’ panelMirco Iacobucci, Senior Vice President and Sector Lead of European Commercial Real Estate Ratings, spoke on the Day 2 ‘Financing the “Cloud”: Digital Infrastructure’ panelMudasar Chaudhry, Senior Vice President and Head of European Structured Finance Research, spoke on the Day 2 ‘Roundtable Series: Researchers’ Perspectives’ panelLorenzo Coccioli, Vice President of European RMBS & Covered Bond Ratings, spoke on the Day 2 ‘Past Your Prime? Equity Release & RMBS Market Updates’ panelRelated research is available at the following link: Morningstar DBRS at Invisso Global ABS 2025By downloading or listening to this podcast, you are agreeing to the Morningstar DBRS disclaimer and legal terms and conditions found at dbrs.morningstar.com/about/disclaimer and dbrs.morningstar.com/about/termsandconditions, including that the information provided is not investment, financial or other advice. Morningstar DBRS will not be liable for losses arising from your use of the information. Please note that the content of this podcast is intended for European audiences only.
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Irish Prime and Nonprime RMBS
In the latest episode of our “European Securitisation Insights” podcast, Mudasar Chaudhry, who leads our European Structured Finance Research team, was joined by Andrew Lynch, Vice President of European Structured Finance Ratings, Surveillance and Clare Wootton, Vice President of European Structured Finance Ratings, Surveillance to discuss the Irish housing market.The panellists discussed recent trends in housing prices and the mortgage market, including Irish RMBS transactions and how various subsectors are performing amidst the current macroeconomic environment. They summarised observations across the prime and nonprime sectors, reviewing the key drivers and challenges faced, and concluded with their thoughts and expectations on the asset performance of RMBS transactions based on Morningstar DBRS’ analysis.Related Content: Irish Prime and Nonprime RMBS Performance Report: Q1 2025https://dbrs.morningstar.com/research/454309By downloading or listening to this podcast, you are agreeing to the Morningstar DBRS disclaimer and legal terms and conditions found at dbrs.morningstar.com/about/disclaimer and dbrs.morningstar.com/about/termsandconditions, including that the information provided is not investment, financial or other advice. Morningstar DBRS will not be liable for losses arising from your use of the information. Please note that the content of this podcast is intended for European audiences only.
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21:13
Lending into Retirement
In the latest episode of Morningstar DBRS’ “European Securitisation Insights” podcast, Mudasar Chaudhry, who leads our European Structured Finance Research team, was joined by Ketan Thaker, Managing Director, European Real Estate & NPL Ratings at Morningstar DBRS and Simon Webb, Managing Director, Finance and Capital Markets at LiveMore Capital, to discuss lending into retirement.With a focus on the UK, the panellists explored the lending solutions available to borrowers over 50, the current market dynamics that are shaping this niche market segment, and how the market has evolved over time with the products on offer. They also shared their thoughts on the credit considerations of residential mortgage-backed securities (RMBS) deals that are either entirely or partially composed of later-life loans and discussed the credit rating angle, key considerations, and whether servicers are equipped to manage such a distinct asset class.Related Content: Rating European Structured Finance Transactions Methodology (19 November 2024)https://dbrs.morningstar.com/research/443199By downloading or listening to this podcast, you are agreeing to the Morningstar DBRS disclaimer and legal terms and conditions found at dbrs.morningstar.com/about/disclaimer and dbrs.morningstar.com/about/termsandconditions, including that the information provided is not investment, financial or other advice. Morningstar DBRS will not be liable for losses arising from your use of the information. Please note that the content of this podcast is intended for European audiences only.
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Italian Unpaid Fiscal Claims: A Potential New NPL Subcategory
In the latest episode of Morningstar DBRS’ “European Securitisation Insights” podcast, Mudasar Chaudhry, who leads our European Structured Finance Research team, was joined by Lorenzo Simonte, Assistant Vice President, European NPL Ratings and Norman Pepe, Partner at iLS London-Milan to discuss a unique development in the Italian securitisation market: a proposal to securitise unpaid tax bills due to the Italian national tax system.The panellists explored how this can be made possible and how current Italian securitisation law makes provisions for such transactions. They also explored the credit rating angle, key considerations, and whether servicers are ready to manage such a unique asset class.Related Content: “Italian Unpaid Fiscal Claims: A Potential New NPL Subcategory”https://dbrs.morningstar.com/research/449419By downloading or listening to this podcast, you are agreeing to the Morningstar DBRS disclaimer and legal terms and conditions found at dbrs.morningstar.com/about/disclaimer and dbrs.morningstar.com/about/termsandconditions, including that the information provided is not investment, financial or other advice. Morningstar DBRS will not be liable for losses arising from your use of the information. Please note that the content of this podcast is intended for European audiences only.
Enriched viewpoints on European securitisation markets from Morningstar DBRS. Join host Mudasar Chaudhry, Head of European Structured Finance Research, as he speaks with industry experts and holds in-depth discussions on keenly selected topics.
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