
Former First VP & Director of Collateral Analysis, FEDERAL HOME LOAN BANK OF ATLANTA
Member of the Financial Services Council
John Jukoski, was until June 2008, the First Vice President and Collateral Analysis Director at Federal Home Loan Bank of Atlanta. He directed the collateral operations, documentation and verification review areas of a $195 billion cooperative bank offering low-cost secured financing to commercial banks, thrifts, credit unions and insurance companies. Mr. Jukoski also had oversight of the calculation of collateral discounts (haircuts) for and the valuation of all mortgage and security collateral pledged to the Bank to make certain the Bank at all times had no exposure to loss from a liquidation of a member in default. Prior to joining FHLBA, He was an EVP & Director of Capital Markets at Aegis Mortgage Corp., where he was responsible for all prime and subprime interest rate risk management, pricing, whole loan sales and securitizations, investor relations, new product development and loan pooling and delivery for a nationally operating mortgage company with originations of $20 billion. Earlier, as SVP & Director of Capital Markets at GMAC Mortgage, Mr. Jukoski led a team of over 100 people responsible for interest rate risk management, loan sales and securitizations, product development, collateralized funding facilities, investor relations, government loan insuring, collateral management and loan pooling and delivery for a nationally operating mortgage bank managing $214 billion of servicing rights with annual originations of $115 billion. (This is me - Update Profile)
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October 23, 2008
GMAC Struggles With Financing | www.nytimes.com
This is not surprising. GM/GMAC has been dealing with diminishing liquidity going back to the creation of Residential Capital Corporation in 2006.
September 18, 2008
Leveraged Loan Risk Rises on Lehman Auction, LevX Index Shows | www.bloomberg.com
The analysis in this article is generally on point, but keep in mind this is a synthetic market.
Good Idea, Wrong Justification
September 11, 2008
Lehman Brothers faces Korean takeover bid | www.timesonline.co.uk
KDB in this case is playing the role of the blind squirrel who finds a nut. It is wise to invest opportunistically, in ventures that are cheap, WHEN YOU UNDERSTAND THAT YOU ARE NOT KNOWLEDGEBLE IN HOW TO RUN THESE BUSINESSES.
September 11, 2008
ECB `Overpricing' of Asset-Backed Debt May Shut Out Investors | www.bloomberg.com
The question to answer here is whether or not the ECB is a collateral-based lender.
Markets can function regardless of the ECB's actions
September 11, 2008
ECB to Change Auction Rules to Stop Banks `Gaming the System,' Mersch Says | www.bloomberg.com
The fact the ECB might accept securities other central banks (or private lenders) might not is not preventing the market for these securities to correct. Pledging securities to a collateralized lender will not affect the ability to sell these securities when the opportunity presents itself.
| Study Group Name | No. Members |
|---|---|
| Sub-Prime Lending Experts | 590 |
| Subprime Mortgage Experts (US) | 531 |
| Direct Mail Marketing Experts | 473 |
| Direct Mail Marketing Experts (North America) | 434 |
| Credit Bureau Experts | 420 |
John Jukoski has not participated in any GLG Live Meetings.