Update: Blend Labs & loanDepot Inc.
If the merger of Black Knight and Intercontinental Exchange goes through, the expanded ICE monopoly will simply give POS tools away for free
The Institutional Risk Analyst
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R. Christopher Whalen
- Aug 21
- 7 min
Interest Rates, FinTechs & MSRs
Interest rates are starting to be very positive, and bank deposit rates are barely moving, so pretense of fintech as bank killer is over
468 views
R. Christopher Whalen
- Jul 11
- 5 min
Elon Musk, China & Twitter (TWTR)
Why did Elon Musk ever pretend that he was able to acquire TWTR, a transaction the US government would never allow.
1,334 views
R. Christopher Whalen
- Jun 6
- 6 min
Memo to Gary Gensler: Beware the “Non-Controlling Interest”
As a result of the adoption of "artificial intelligence," the 21st Century investor is mostly a victim in waiting.
1,071 views
R. Christopher Whalen
- Jun 2
- 7 min
Update: Upstart Holdings & Cross River Bank
If investors and partner banks don’t want to buy UPST loans at current market rates, then the game is over in an originate to sell model
438 views
R. Christopher Whalen
- May 18
- 6 min
Update: Crypto Frauds and Fintech Dreams
Q: What do Elon Musk and Masayoshi Son have in common? Gigantic margin loans...
485 views
R. Christopher Whalen
- May 11
- 8 min
Does ICE + Black Knight = Shareholder Value?
ICE buying the revenue streams represented by BKI is a big bet on yesterday, not a bold initiative to change the mortgage industry
415 views
R. Christopher Whalen
- May 2
- 5 min
Where is Value in Fintech?
Take the financials and add some unicorn dust in terms of innovation to the mix and perhaps a double-digit PE ratio for PYPL makes sense.
514 views
R. Christopher Whalen
- Apr 4
- 2 min
The Residential Mortgage Finance Top Twenty Seven
Who is going to acquire and restructure Blend Labs (BLND) before this newbie-fintech-something runs out of cash?
307 views
R. Christopher Whalen
- Feb 25
- 7 min
Update: HMPT, RKT, NRZ & UPST
UPST has seen its valuation cut by 60% since March of last year, when its common equity traded at a mere 31x book value.
294 views
R. Christopher Whalen
- Feb 16
- 6 min
Profile: Silvergate Capital Corp (SI)
SI’s management team is taking advantage of the narrative in Washington, which is that stable coins will be a bank only product
360 views
R. Christopher Whalen
- Feb 14
- 6 min
The Curse of Humphrey Hawkins
If you consider QE “stimulus” inflationary, then Fed policy actually accelerated inflation in the November-January period.
730 views
R. Christopher Whalen
- Jan 19
- 6 min
Profile: Cross River Bank
Bottom line, when a bank seems to be doing much better than other banks, there is usually a reason and that reason is almost always bad
321 views
R. Christopher Whalen
- Sep 9, 2021
- 6 min
The IRA Top Ten Financials
Which US financial will best weather the coming equity market correction?
375 views
R. Christopher Whalen
- Jul 15, 2021
- 5 min
Profile: Wise Ltd (LSE:WISE)
WISE is a play on the relentless advance of technology that lowers costs and eventually forces change in the legacy world of banking and pay
370 views
R. Christopher Whalen
- Jun 30, 2021
- 7 min
Profile: Blend Labs, Inc ("BLND")
Is BLND worth more than RKT, or entrenched data monopolies and solution providers such as BKI or even CLGX?
854 views