Steven Abrahams

Steven Abrahams is a Managing Director and Head of Investment Strategy at Santander US Capital Markets. His team provides analysis and advice for institutional investors in rates, financing markets, corporate credit, securitized products and emerging markets. Through his 34-year career, he has held senior positions at Deutsche Bank, Bear Stearns and Morgan Stanley. Steve has helped launch the market in specified agency MBS pools (1994-1995), the first agency mortgage credit risk transfer (1998), the first application of the Capital Asset Pricing Model to CLO manager performance (2018) and the first trading of FHA-only mortgage pools (2020). Steve holds a B.S. from Northwestern University and a Ph. D. from Columbia University and has taught as an adjunct professor of finance and economics at Columbia Business School. He is also the author of The Bear Stearns Quick Guide to Mortgage-Backed Securities, Competitive Advantage in Investing: Building Winning Professional Portfolios, published by John Wiley and Sons, and most recently Santander’s A Quick Guide to CLO Debt and Equity.