The Institutional Risk Analyst

Banks | Markets | Fintech

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?

1,585 views

Mortgage Wrap; PennyMac Financial, Rithm Capital & MSRs

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

462 views

New Residential Pivots, Gets "Rithm"

NRZ must pay $400 million to Fortress to end the relationship with the external manager, a final act of squeezing NRZ shareholders

626 views

Update: Crypto Frauds and Fintech Dreams

Q: What do Elon Musk and Masayoshi Son have in common? Gigantic margin loans...

514 views

The Residential Mortgage Finance Top Twenty Seven

Who is going to acquire and restructure Blend Labs (BLND) before this newbie-fintech-something runs out of cash?

309 views

Update: New Residential Investment, Fortress & Softbank

The good news is that NRZ is growing and making strides in terms of asset creation and, especially, asset retention.

776 views

Greensill, Wirecard, Deutsche Bank & the Rising Tide of Financial Fraud

“Time to turn on the lights and find the rest of the cockroaches”

767 views