Three Questions for Chairman Powell
Look for the FOMC to act early and go big in terms of forward repurchase agreements at the first sign of liquidity stress.
The Institutional Risk Analyst
© 2003-2021 | Whalen Global Advisors LLC All Rights Reserved in All Media | ISSN 2692-1812 | Terms & Conditions
R. Christopher Whalen
- 6 days ago
- 5 min
Profile: Western Alliance Bancorp (WAL)
WAL is one the best performing small banks in the US based upon equity market valuations, profits and growth rates
157 views
R. Christopher Whalen
- Oct 18
- 8 min
Interview: Stan Middleman on the Outlook for Housing and the Economy
This week we speak with Stan Middleman, founder and CEO of Freedom Mortgage, about the US economy and the outlook for residential mortgages
773 views
R. Christopher Whalen
- Sep 20
- 11 min
The IRA Bank Book | Q3 2021
In the Q3 2021 edition of The IRA Bank Book, we document the slow destruction of US bank asset and equity returns by the FOMC.
329 views
R. Christopher Whalen
- Aug 30
- 5 min
Is there Racial Bias in GSE Lending? Ask President Barack Obama
Progressives in and outside of the media are on a mission, to find a problem to solve – even if none actually exists...
422 views
R. Christopher Whalen
- Aug 23
- 7 min
Interview: Lee Smith, Flagstar Bank
We expect to see a lot more M&A activity over the next 12 – 18 months, as that’s the only way for some players to grow share.
646 views
R. Christopher Whalen
- Aug 16
- 5 min
Update: Rocket Companies and United Wholesale Mortgage
Growing numbers of investors are burned by mortgage stocks. Big question: Will the industry snap back due to now falling interest rates?
375 views
R. Christopher Whalen
- Aug 9
- 5 min
Update: Mr. Cooper & New Residential Investment
The big surge in income and net worth caused by the FOMC last year is rapidly ending. Winter has returned to mortgage land...
506 views
R. Christopher Whalen
- Jul 19
- 7 min
GNMA Issuer Rule Threatens Government Market
This rule could cost literally tens of billions in losses to banks and nonbanks alike...
1,898 views
R. Christopher Whalen
- Jun 30
- 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?
757 views
R. Christopher Whalen
- May 25
- 5 min
Update: Rising Interest Rates & Mortgage Servicing
The Fed’s chief concern is keeping the Treasury debt market open and functional. Liquidity includes cash and risk-free collateral...
682 views
R. Christopher Whalen
- May 14
- 6 min
Update: Rocket Companies & United Wholesale Mortgage
We view RKT's refusal to provide this material information to investors as a significant omission in its public disclosure...
500 views
R. Christopher Whalen
- Apr 19
- 5 min
The Interview: Nom de Plumber on Forbearance Risk
Sooner or later someone has to eat those forgone cash flow losses....
908 views
R. Christopher Whalen
- Mar 29
- 8 min
Nonbanks Face Labyrinth of Risk from COVID Loans
Given that IMBs now service two-thirds of all 1-4 family residential mortgage loans, the risk to the nonbanks from COVID is growing...
877 views
R. Christopher Whalen
- Feb 11
- 8 min
Update: Ocwen & New Residential
In this issue of The Institutional Risk Analyst, we compare two major players in the residential mortgage servicing space, New...
338 views
R. Christopher Whalen
- Dec 21, 2020
- 6 min
Joe Biden Must Fire FHFA Director Calabria
If you sent somebody to deliberately sabotage the US housing market, you could not find a better perpetrator than Director Calabria.
2,142 views
R. Christopher Whalen
- Dec 10, 2020
- 13 min
Is there a Bull Case for US Bank Stocks?
In this edition of The IRA Bank Book for Q4 2020, we ask a basic question: Is there a bull case for US banks?
682 views
R. Christopher Whalen
- Nov 23, 2020
- 7 min
Nonbank Update: PennyMac Financial Services
There is no actual disclosure from PSFI as to exactly how much of the firm’s default advances are being financed with bondholder funds
518 views
R. Christopher Whalen
- Oct 12, 2020
- 7 min
Top Five US Banks: Q3 2020 Earnings Setup
There is a reason why the smart money on Wall Street is creating new strategies focused on non-performing loans...
702 views
R. Christopher Whalen
- Oct 5, 2020
- 11 min
The Bear Case for Mortgage Lenders
This week we make the bear case for the housing sector as several more large mortgage issuers announce IPOs....
875 views