Michael Canter, PhD

Michael Canter, PhD

Director—Securitized Assets and US Multi-Sector

12 Years at AB
25 Years of experience

Michael Canter is a Senior Vice President and Director of Securitized Assets and US Multi-Sector Fixed Income at AB, heading the portfolio-management teams for these strategies. His focus includes his role as the Chief Investment Officer of AB’s Securitized Assets Fund. Canter’s team is responsible for AB’s investments in agency mortgage-backed securities, credit risk–transfer securities, non-agency residential mortgage-backed securities, commercial mortgage-backed securities, collateralized loan obligations and other asset-backed securities. He has particularly extensive expertise in residential mortgages. In 2009, AB was selected by the US Department of the Treasury to manage one of nine Legacy Securities Public-Private Investment Program funds; Canter was the CIO of that AB-managed fund. In addition, he was called upon to give expert testimony to the US Senate Committee on Banking, Housing, and Urban Affairs in 2013 and the US House of Representatives Subcommittee on Housing and Insurance in 2017 on how US housing policy should be structured going forward. Prior to joining AB, Canter was the president of ACE Principal Finance, a division of ACE Limited (now Chubb). There, he managed portfolios of credit default swaps, asset-backed securities, mortgage-backed securities and collateralized debt obligations. Canter holds a BA in math and economics from Northwestern University and a PhD in finance from the Columbia University Graduate School of Business. Location: New York

US Housing Reform and the Future of CRTs
Is the US Housing Market Headed for a Correction?
Why the US Government Should Guarantee Your Mortgages
Will Tax Reform Derail CRTs? Don’t Bet on It
Will Mortgage Bonds Be the Next Disaster—Again?
Can We Afford a Housing Boom?
Rising Rates Won’t Hurt US Home Prices
Not All CCCs Are Created Equal
Mortgages: Don’t Be Fooled by the Averages
GSE Reform? It’s Already Happening

GSE Reform Lumbers Up to the Starting Gate

by Michael S. Canter

Momentum is finally building to do something with Fannie Mae and Freddie Mac. The bipartisan Corker-Warner proposal, now making the rounds on Capitol Hill, aims to dissolve the GSEs and start fresh. Meanwhile, Fannie and Freddie are testing innovative mortgage-security structures that transfer the risk of borrower defaults to the private sector.

Fixed Income


Likes 0
SHARE
Bookmarks

US Housing Finance: Our Vision for a Privately Led System

by Douglas J. Peebles, Michael S. Canter, Matthew D. Bass

There’s a growing consensus today that the US government’s huge footprint in the $10.5 trillion mortgage market needs to shrink, with the private sector taking the lead. But there is less agreement on how the transition to a new system should take place. Here’s our perspective as investors in the mortgage market on what is needed to get the ball rolling.

Financial Law and Regulation, Fixed Income


Likes 0
SHARE
Bookmarks

The content on this page may include link(s) that will take you out of our website. This is provided for your information and convenience. We are not responsible for the content of any third party's website, including the website(s) you may link to. We are not affiliated with any other website and do not endorse any information contained on any third party's website.

Back to a top