Mark Risi has been the head of the US RMBS Surveillance team at Moody’s Ratings since December 2023. Mark leads a team of credit analysts responsible for maintaining ratings on over 3,000 active RMBS securitizations across a variety of sub-asset types.

Previous to his time at Moody’s, Mark held a variety of roles within the Structured Finance department of another Credit Rating Agency. These roles included acting as head of US & Canadian Structured Finance Ratings from 2018 to 2023 and managing both RMBS and ABS teams within Structured Finance between 2010 and 2017.

Mark holds an MBA in Finance from Wagner College and a BA in Economics from Fairfield University.

Josh Smith has been Senior Managing Director and Treasurer of PennyMac Financial Services, Inc. (NYSE: PFSI) since January 2025, a role which encompasses all aspects of structured

finance, corporate finance, bank financing facilities and treasury management for PFSI and its affiliated entities.

Additionally, in 2025, Mr. Smith was recognized as a HousingWire Finance Leader, a distinction honoring the top 40 most impactful finance executives for their expertise in strategy, capital management, and operational efficiency within the financial services industry.

Prior to his current role he served as Managing Director and Treasurer at Pennymac. Mr. Smith has been with the organization for over 10 years, including nine years in which he managed Mortgage Finance within Capital Markets, where he was a key partner in the growth and development of Pennymac’s financing structures. He has deep expertise in capital markets, structured finance, bank financing facilities and treasury management.

Mr. Smith earned a B.S. in Biology from the University of Arizona, and an M.B.A. in Finance from the Pepperdine Graziadio Business School.

Bob is a Vice President- Senior Credit Officer on the Financial Institutions Group of Moody's Ratings. He is responsible for a portfolio of U.S. ratings within the Life Insurance Group.

Prior to joining Moody's in 2016, Bob worked for over ten years at Swiss Re where he held various roles including Senior Vice President and Head of Business Development for Swiss Re Life & Health North America. In addition, he served as a Vice President, Head of Origination in Admin Re US covering the US and Canadian markets.

Bob also worked for AM Best as a Managing Senior Financial Analyst, where he rated emerging and complex financial institutions and provided credit analysis coverage on life insurance-based financial services organizations and retirement savings companies. In addition, Bob worked at Mutual of New York in various roles including Corporate Actuarial and Reinsurance

Bob has an MBA Corporate Finance from Fairleigh Dickinson University and a BA in Economics from the University of South Florida. Bob also has the Fellow of Life Management Institute (FLMI) designation from LOMA.

Rohit Gupta is President, CEO and Director of Enact Holdings. Passionate about helping more people responsibly achieve and maintain the dream of homeownership, Mr. Gupta works with lenders, regulators, and policy leaders to advocate for the value of mortgage insurance to a sustainable housing finance system. Prior to being named CEO, Mr. Gupta held the positions of Chief Commercial Officer & Senior Vice President of Products, Intelligence and Strategy, as well as Vice President of Commercial Operations, in Enact’s Mortgage Insurance business. Mr. Gupta currently serves as chairman and board member of the U.S. Mortgage Insurers trade association. He also serves on the board of the Mortgage Bankers Association and is a member of the Housing Policy Executive Council. In addition, Mr. Gupta served on the board of Aqua Finance, a consumer finance company owned by Blackstone, from 2020 to 2022, and previously served on the board of Sagen, Canada’s largest private mortgage insurance provider, from 2016 to 2019. Mr. Gupta is a catalyst for community change and served as the chair of the Genworth Foundation Board from 2018 to 2021, and currently serves as a board member of Pratham USA’s Raleigh chapter. Mr. Gupta began his career with FedEx in Strategic Marketing in 1998 where he was responsible for competitive intelligence and market analysis supporting FedEx senior management. He was hired by GE Capital as a Product Manager responsible for growing a new business line for an Information Technology business. Between 2003 and 2007, he held various marketing and commercial roles. Mr. Gupta has an MBA in Finance from University of Illinois at Urbana Champaign and an under-graduate degree in Computer Science & Technology from Indian Institute of Technology. He resides in Raleigh, North Carolina with his two children.

Bob is a Vice President- Senior Credit Officer on the Financial Institutions Group of Moody's Ratings. He is responsible for a portfolio of U.S. ratings within the Life Insurance Group.

Prior to joining Moody's in 2016, Bob worked for over ten years at Swiss Re where he held various roles including Senior Vice President and Head of Business Development for Swiss Re Life & Health North America. In addition, he served as a Vice President, Head of Origination in Admin Re US covering the US and Canadian markets.

Bob also worked for AM Best as a Managing Senior Financial Analyst, where he rated emerging and complex financial institutions and provided credit analysis coverage on life insurance-based financial services organizations and retirement savings companies. In addition, Bob worked at Mutual of New York in various roles including Corporate Actuarial and Reinsurance

Bob has an MBA Corporate Finance from Fairleigh Dickinson University and a BA in Economics from the University of South Florida. Bob also has the Fellow of Life Management Institute (FLMI) designation from LOMA.

Rohit Gupta is President, CEO and Director of Enact Holdings. Passionate about helping more people responsibly achieve and maintain the dream of homeownership, Mr. Gupta works with lenders, regulators, and policy leaders to advocate for the value of mortgage insurance to a sustainable housing finance system. Prior to being named CEO, Mr. Gupta held the positions of Chief Commercial Officer & Senior Vice President of Products, Intelligence and Strategy, as well as Vice President of Commercial Operations, in Enact’s Mortgage Insurance business. Mr. Gupta currently serves as chairman and board member of the U.S. Mortgage Insurers trade association. He also serves on the board of the Mortgage Bankers Association and is a member of the Housing Policy Executive Council. In addition, Mr. Gupta served on the board of Aqua Finance, a consumer finance company owned by Blackstone, from 2020 to 2022, and previously served on the board of Sagen, Canada’s largest private mortgage insurance provider, from 2016 to 2019. Mr. Gupta is a catalyst for community change and served as the chair of the Genworth Foundation Board from 2018 to 2021, and currently serves as a board member of Pratham USA’s Raleigh chapter. Mr. Gupta began his career with FedEx in Strategic Marketing in 1998 where he was responsible for competitive intelligence and market analysis supporting FedEx senior management. He was hired by GE Capital as a Product Manager responsible for growing a new business line for an Information Technology business. Between 2003 and 2007, he held various marketing and commercial roles. Mr. Gupta has an MBA in Finance from University of Illinois at Urbana Champaign and an under-graduate degree in Computer Science & Technology from Indian Institute of Technology. He resides in Raleigh, North Carolina with his two children.

Mark Risi has been the head of the US RMBS Surveillance team at Moody’s Ratings since December 2023. Mark leads a team of credit analysts responsible for maintaining ratings on over 3,000 active RMBS securitizations across a variety of sub-asset types.

Previous to his time at Moody’s, Mark held a variety of roles within the Structured Finance department of another Credit Rating Agency. These roles included acting as head of US & Canadian Structured Finance Ratings from 2018 to 2023 and managing both RMBS and ABS teams within Structured Finance between 2010 and 2017.

Mark holds an MBA in Finance from Wagner College and a BA in Economics from Fairfield University.

Josh Smith has been Senior Managing Director and Treasurer of PennyMac Financial Services, Inc. (NYSE: PFSI) since January 2025, a role which encompasses all aspects of structured

finance, corporate finance, bank financing facilities and treasury management for PFSI and its affiliated entities.

Additionally, in 2025, Mr. Smith was recognized as a HousingWire Finance Leader, a distinction honoring the top 40 most impactful finance executives for their expertise in strategy, capital management, and operational efficiency within the financial services industry.

Prior to his current role he served as Managing Director and Treasurer at Pennymac. Mr. Smith has been with the organization for over 10 years, including nine years in which he managed Mortgage Finance within Capital Markets, where he was a key partner in the growth and development of Pennymac’s financing structures. He has deep expertise in capital markets, structured finance, bank financing facilities and treasury management.

Mr. Smith earned a B.S. in Biology from the University of Arizona, and an M.B.A. in Finance from the Pepperdine Graziadio Business School.