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Lien on Me: Scaling Access to Trapped Equity Through HELOC & Second-Lien

21 Oct 2025
Coral 2
Track B
Assessing the evolving role of HELOCs and second-lien mortgages in the RMBS market as the market looks to unlock liquidity without first-lien refinancing. Examining collateral profiles, structural considerations, issuance trends, pricing dynamics, and investor appetite for junior-lien exposure.
Chairperson
John Toohig, Managing Director, Whole Loan Trading - Raymond James
Speakers
Susan Hosterman, Senior Director - Fitch Ratings
Justin Becker, Vice President - Morningstar DBRS
Rovshan Danilov, Structured Finance Analytics Lead, BNY Corporate Trust - BNY
Ryan Stark, Managing Director - Deutsche Bank
View all ABS East 2025 Agenda