R. Christopher WhalenJan 13, 20236 minUpdate: JPMorganChase & Wells FargoBut nothing lasts forever in mortgage land or in financials. Stay tuned and pay attention to LT rates and spreads...
R. Christopher WhalenDec 22, 20226 minGNMA, FNMA Seize Assets from Reverse Mortgage Funding EstateThe US government now owns the largest reverse lender in the country.
R. Christopher WhalenDec 16, 20226 minThe Year That Was: 2022Many in the Buy Side chorus are looking forward to lower interest rates, but we are concerned that next year could really be about solvency
R. Christopher WhalenDec 12, 20224 minRising Interest Rates? Really? Since 2008, dollar swap spreads have traded below Treasury yields, suggesting a persistent demand for dollars coming from offshore.
R. Christopher WhalenDec 6, 20221 minBank M2M Losses Surge in Q3 to $347 BillionRapidly rising interest rates in Q3 2022 pushed down the tangible capital for the US banking industry to negative $1.9 trillion