The Institutional Risk Analyst

Banks | Markets | Finance

Mar 6, 20238 min

Atlas Stumbles, Silvergate Wallows; 360 Mortgage v. Fortress (and RITM)

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

1,805 views

Jan 25, 20238 min

Silvergate, Reverse RPs and the “Theology of Prosperity”

Crypto, of course, is not an asset as much as a bad idea that was given life by Quantitative Easing

873 views

Nov 10, 20225 min

Update: Crypto Fraud Crumbles as Bank Stocks Surge

Crypto has gone from a sort-of juiced up equity strategy to a distressed credit story in just hours.

442 views

Jul 19, 20226 min

Interest Rates & Bank Earnings

The good news for BAC and other banks is that there is a discernable lift underway on the yield of bank balance sheets

353 views

Jul 13, 20224 min

Update: Ally Financial (ALLY)

The 5-year CDS spreads for ALLY were trading 280bp over the swaps curve compared with 120bp for Citigroup (C) & 150bp for CapitalOne

475 views

May 23, 20227 min

Equity Market Valuations & Quantitative Tightening

The reduction in the Fed's balance sheet is the largest ever margin call on equity exposures of all descriptions.

1,004 views

Apr 22, 20226 min

Update: Western Alliance Bancorp (WAL) and Silvergate Corp (SI)

There are virtually no conventional lenders in the US today that are profitable when the sell a loan into the secondary market.

396 views

Feb 16, 20226 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

555 views