The Institutional Risk Analyst

While there are a great number of people inside the Fed who ponder the appropriate level of reserves in the system, they don't really know

The Q2 2023 disclosure for PACW suggests an institution that is bleeding cash and operating in extremis...

TCBI needs to keep efficiency in the 50s if they want to survive the coming drought in mortgage lending.

When interest rates eventually fall those late vintage mortgage loans with 6% coupons will evaporate like spring snow in the sunshine

Are nonbank mortgage firms a risk to Ginnie Mae? Or is it really the other way around?

GS is a securities dealer first and foremost and has no comparative advantage as a bank.

We suspect that the IMBs will be sellers of conventional assets to defend their Ginnie Mae MSRs. Banks may be buyers of conventional assets

Despite the outlook for the industry, COOP continues to be one of the better performing names in our mortgage surveillance group.