2026 US Housing & Housing Finance Executive Series IV
RMBS - NQM
Speakers
Michael Fania
Co-Chief Investment Officer, Head of Residential Credit
Annaly
Sonny Weng
Vice President-Senior Credit Officer, RMBS, Structured Finance
Moody's Ratings
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Sonny Weng is a lead analyst in Moody's Ratings Residential MortgageBacked Securities Group. Mr. Weng has been primarily responsible for credit risk analysis of structured finance transactions including single-family rental (SFR) and U.S.residential mortgage-backed securitizations (RMBS). Prior to joining Moody’s, Mr.Weng worked at Interactive Data Corporation as a Structured Securities Analystevaluating mortgage-backed securities and HSH Investment Management as a portfolio manager/analyst managing a portfolio of mortgage-backed securities.
Michael Fania is Co-Chief Investment Officer and Head of Residential Credit at Annaly. Mr. Fania has over 15 years of experience in mortgage trading and portfolio management. Prior to joining Annaly in 2015, Mr. Fania was an Associate Director at MetLife Investments and was responsible for residential credit trading and strategy. Mr. Fania received a B.A. in Finance from Rutgers College and also holds the Chartered Financial Analyst® designation.
Michael Fania is Co-Chief Investment Officer and Head of Residential Credit at Annaly. Mr. Fania has over 15 years of experience in mortgage trading and portfolio management. Prior to joining Annaly in 2015, Mr. Fania was an Associate Director at MetLife Investments and was responsible for residential credit trading and strategy. Mr. Fania received a B.A. in Finance from Rutgers College and also holds the Chartered Financial Analyst® designation.
Sonny Weng is a lead analyst in Moody's Ratings Residential MortgageBacked Securities Group. Mr. Weng has been primarily responsible for credit risk analysis of structured finance transactions including single-family rental (SFR) and U.S.residential mortgage-backed securitizations (RMBS). Prior to joining Moody’s, Mr.Weng worked at Interactive Data Corporation as a Structured Securities Analystevaluating mortgage-backed securities and HSH Investment Management as a portfolio manager/analyst managing a portfolio of mortgage-backed securities.