BREAKOUT SESSION: What’s Ahead for Non-QM Securitizations
The non-qualified mortgage (non-QM) loan sector is the fastest-growing segment of the U.S. private-label residential mortgage-backed securities (RMBS) market, with issuance expected to reach over $45 billion in 2025, according to S&P Global Ratings. Attend this session to gain a deeper understanding of this sector’s growth, the characteristics of these loans and pool data, including prepayment data and average loss projections for non-QM securitizations. Hear how new credit scoring models will allow servicers to more accurately predict delinquencies and defaults on this increasingly popular mortgage loan.
Speakers
Speakers

Jeremy Schneider is the Sector Lead for the Structured Finance U.S. Residential Mortgage-Backed Securities (RMBS) group at Standard and Poor's Global Ratings. Jeremy focuses on new issuance ratings including ratings criteria, analysis, and mortgage-related commentary. Jeremy has more than twenty years of industry experience and has been with Standard and Poor's Global since 2006. While with Standard and Poor's he has worked in both the new issuance and surveillance groups focused primarily on ratings and criteria development. Jeremy was heavily involved in the criteria development for both RMBS new issuance and legacy surveillance criteria. He has also published numerous commentaries to the market relating to both credit ratings and the mortgage and housing market in general. Jeremy is also a Co-Chair for Standard and Poor's Global Rating’s Structured Finance Analytical Oversight and Consistency Council. Jeremy’s experience prior to joining Standard and Poor's Global Ratings includes direct-to-consumer origination of residential mortgage loan products including both prime and non-prime. Jeremy holds a bachelor’s degree in marketing from Maryville University of St. Louis and a Master of Business Administration degree from Washington University in St. Louis.