Debtwire seeks regulatory reporter in DC

Debtwire ABS, a leading provider of news and information about securitization, mortgage finance and marketplace lending, seeks an experienced reporter to break news on the myriad regulatory and legislative developments affecting these industries.

From the Consumer Financial Protection Bureau’s new focus on marketplace lending and its TRID mortgage lending disclosure rules to the Federal Housing Finance Agency’s governance of Fannie Mae and Freddie Mac, the federal government is making decisions that affect mortgage and consumer lenders, bankers and investors.

Congress is also weighing in with bills that would change some of those regulations. For instance, risk retention rules that are impacting the commercial mortgage backed securities (CMBS) market could be gutted by a bill under consideration in the House. The SEC and Justice Department also regularly investigate these industries, as do their state and local counterparts.

Debtwire ABS needs a reporter who can stay on top of these developments, and uncover plans for new regulations, legislation and investigations before they appear in mainstream media publications. The position requires proven experience covering regulatory agencies and Congress with a focus on the impact of government decisions on business and industry.

Knowledge of the securitization and/or mortgage industries is preferred, but not necessary. A willingness and ability to learn, however, is vital. We are not looking for a reporter to provide only incremental ‘horse race’ coverage of the status of regulations and legislation devoid of context. Each story has to clearly explain the impact of the rules or laws you write about on the markets we cover:

• Non-agency residential mortgage backed securities (RMBS)
• Non-conforming mortgage origination and trading, including non-performing loans (NPLs)
• Commercial mortgage finance and securities (CMBS), including origination and trading
• Online or marketplace lending and securitization
• Asset-backed securities (ABS) backed by assets ranging from “esoterics” such as aircraft leases and ship containers to “vanilla” assets such as student, auto and credit card loans
• Collateralized loan obligations (CLOs)
• Collateralized debt obligations (CDOs)

The position can be located in New York, NY, or the Washington, DC, area. If you think you have what it takes, please send a cover letter, resume and salary requirements to John Wilen, Managing Editor, Debtwire ABS. Please include ALL of these requested items for consideration.

To apply, go here.