Matt Fabian is a partner at Municipal Market Analytics (MMA), an independent research and consulting group that publishes data, analysis, and commentary on the US municipal bond market. MMA subscribers include institutional investors, underwriters, bond issuers, regulators, and think tanks. He is frequently quoted in the national and trade media on a broad range of topics connected to municipal bond and is a regular speaker at industry conferences and private events.

Along with Lisa Washburn, Mr. Fabian authors the weekly Outlook report, which covers credit and market structure trends and federal policy and regulatory developments. Lisa and Matt also write the weekly Default Trends report, which tracks and analyzes troubled and defaulted municipal borrowers. Matt is the principal instructor for MMA’s Municipal Credit and Strategy Masterclass, an asynchronous learning module that provides twenty NASBA-approved continuing professional education credits on completion.

Prior to MMA, Mr. Fabian headed US municipal research and strategy at UBS in New York. He was also a credit analyst at the monoline bond insurer FSA and at Moody’s Investors Service. He served as chairperson of the Municipal Analysts Group of New York and has received the National Federation of Municipal Analysts’ Industry Contribution Award.

Mr. Fabian has a bachelor of arts degree in political science from Penn State University and a master of public administration degree from the Maxwell School of Citizenship and Public Affairs at Syracuse University.

Lisa Washburn is a managing director and the chief credit officer at MMA, an independent research and consulting group that publishes data, analysis, and commentary on the US municipal bond market. MMA subscribers include institutional investors, underwriters, bond issuers, regulators, and think tanks. Ms. Washburn is often quoted in the media on credit issues affecting municipal bond market issuers.

Along with MMA partner Matt Fabian, Ms. Washburn authors the weekly Outlook report, which covers credit and market structure trends and federal policy and regulatory developments. Mr. Fabian and Ms. Washburn also write the weekly Default Trends report, which tracks and analyzes troubled and defaulted municipal borrowers. 

Prior to MMA, Ms. Washburn spent twenty years with Moody’s Investors Service, where she was a managing director in the public finance group and led several ratings teams. She served as chairperson of the National Federation of Municipal Analysts and currently is the organization’s representative on the Governmental Accounting Standards Advisory Council. A graduate of Lehigh University, Ms. Washburn is a Certified Management Accountant, a Fundamentals of Sustainability Accounting credential holder, and earned the CFA’s Certificate in ESG Investing.