The pandemic has had an unexpected impact on subprime borrowers’ performance, and the lending market has continually adjusted as a result. In today’s episode, Yieldstreet Private Business Credit Head of Underwriting Barbara Anderson and William Price, Executive Director at Hilco Global, take a deep dive into the potentially long-lasting impact of the pandemic on the consumer finance lending market.
[3:11] Defining subprime borrowers and assessing the key metrics of their portfolios.
[7:48] Performance differences between subprime secured and unsecured lending.
[10:36] The unexpected impact of the pandemic on subprime borrowers’ performance.
[14:51] Will the consumer cash high sustain or wear off in 2021?
[18:36] The long-lasting impact of the pandemic on store-based retailers.
[20:33] Current trends in store-based consumer finance companies.
[23:36] Fraud prevention in online lenders versus in-person lenders.
[23:57] Who enforces lender compliance and consistency with their own rules?
[26:17] The importance of strategically adjusting the online lenders’ requirements that generate volume.
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Yieldstreet provides access to alternative investments previously reserved only for institutions and the ultra-wealthy. Our mission is to help millions of people generate $3 billion of income outside the traditional public markets by 2025. We are committed to making financial products more inclusive by creating a modern investment portfolio.
Yieldstreet’s fourth art equity fund includes a magnificent painting by Jean-Michel Basquiat, one of the most influential artists of all time. On this episode of The Yield, Yieldstreet’s Art Platform leader Rebecca Fine welcomes Temilayo Butler, Business Development Associate at HarbourView Equities Partners for a discussion about the Basquiat market, black artists more broadly, and democratizing access to art investments.a month ago
Back for another look at what has happened over the last 30 days, Richard Excell, clinical professor of finance at the University of Illinois Gies College of Business returns to The Yield for this month’s market check in. From inflation as it relates to fed to the fed and economic policy to the details of the real estate market and what it all means for your investment portfolio in a market that hasn’t yet bottomed out, this update is one you won’t want to miss.2 months ago
Yieldstreet’s fourth art equity fund includes a magnificent painting by Jean-Michel Basquiat, one of the most influential artists of all time. On this episode of The Yield, Yieldstreet’s Art Platform leader Rebecca Fine sits down with Cynthia Gadsden, Assistant Professor of Art History at Tennessee State University for a conversation about Basquiat work and the recent King Pleasure exhibit.2 months ago
We believe private real estate is a foundational component of your private market portfolio. That’s why Yieldstreet dedicated the week of August 27 – September 2 to helping investors capture the benefits of this valuable asset class with a greater selection of real estate offerings than ever before. Join Chris Salerno, Founder and CEO of QC Capital as we dive into the multi family real estate market.2 months ago
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