We discuss the hottest topics in securitisation today...

In this episode of the SCI In Conversation podcast, SCI US editor Simon Boughey speaks to John Beacham, founder and CEO of Toorak Capital Partners, about residential transition loan (RTL) securitisations. Beacham discusses the significance of being the first firm to close a rated RTL securitisation, which it achieved in February, the prospects for the year ahead, and more.

Beacham says Toorak had been planning on putting such a rated transaction together for around six years. He also discusses the similarities and differences between RTL securitisations and traditional RMBS deals; the challenges involved in securing a credit rating; and how the resulting transaction was received by investors compared with the firm’s previous unrated transactions.

This episode can be accessed here, as well as wherever you usually get your podcasts, including Apple Podcasts and Spotify (just search for 'SCI In Conversation')