The Institutional Risk Analyst

The majority of the actual cash profit generated from residential lending is found in the mortgage servicing rights (MSRs).

Yes, net loss rates in percentage terms post default are back up to 2010 levels, but the dollar volume of net charge-offs remains very low.

Cute reference to "average cost," but total return to date would be of greater interest.

Selling the Treasury's control position in the GSEs while dragging the furious shareholders along behind is not an attractive opportunity

The asset returns of BOH are substandard vs its peers. We cannot discern any reason for this save management lapses.

Notice that SQ co-founder Jack Dorsey styles himself as "block head" in the corp roster, a silly affectation that does not help the stock

WFC is not even out of dodge yet, but TD has cut off the fingers of one hand in yakuza style and is now headed for years of misery

Many homes in FL no longer have adequate home owners insurance much less federal flood insurance.

The Citi decision to exit mortgage servicing perhaps made sense in 2017, but today not so much.

If you were really, REALLY going to do mortgage warehouse lending in today's market, KEY would be the better platform, not BNS.

Yellen's proposal for a backstop is merely a canard to help Treasury avoid another fiasco next time a Ginnie Mae issuer fails

If JPM, PFSI or UWMC want to pay the government to wrap conventional MBS in a “AA+” sovereign rating, why should the Treasury say no?

Notice that the Fed stress test is silent on trillions of dollars in mark-to-market losses facing US banks from COVID-era securities

The survivors in mortgage finance optimize operations around purchasing loans from brokers/ correspondents, and direct to consumer (DTC)

When will Disney decide to sell some or all of its streaming operations to keep the lights on at its theme parks?

McCargo's actions and the fact that the case has not been dismissed in its entirety is very unhelpful given current market conditions.

FDIC Chairman Gruenberg ought to tell New York State to take over the rent controlled loans from Signature, NYCB and other lenders...

Q: What do Silicon Valley Bank, First Republic Bank, Signature Bank and New York Community Bank have in common? Auditor, KPMG.

As reflected in the valuations for JPM, WFC and BXMT, institutional investors are still not that concerned about commercial real est losses

Citigroup picked up almost 10 points of book value since the end of Q3 2023.