The Institutional Risk Analyst

Why did FOA write down $1.4 billion in intangible equity, yet UWM took no similar write down?

We add a new dimension of risk to the normalization of US bank earnings with the Russian war against Ukraine.

The imposition of sanctions on Russia is not as comprehensive as some press reports suggest.

SI’s management team is taking advantage of the narrative in Washington, which is that stable coins will be a bank only product

Among the ten largest mortgage specialization banks, NexBank had among the best equity returns in Q3 2021

Why does this bank exist? What market does it serve and how will it grow in the future?

Bottom line, when a bank seems to be doing much better than other banks, there is usually a reason and that reason is almost always bad

In the short-run rising interest rates and spreads will help bank earnings. But where is the next credit hot spot?

As we move into Q4 2021 earnings, keep your eyes peeled for news of restructuring of urban commercial commercial and multifamily properties

Is SQ really, REALLY worth 25x book value? Our respectful answer to that question is no.

We ask whether bank fundamentals are starting to catch up to the very full equity market valuations , up 40% since the end of 2020

any of the problems that the Fed now seeks to fix, starting with the unnecessary elimination of LIBOR, are a function of earlier policies...

RJF is one of those quiet high-performer banks in the investment world that few understand but many own in LT portfolio

Over the next several years, as the economic cost of COVID becomes full visible, New York City may face its second financial crisis

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

Risk to investors in the market for residential mortgages is rising and from multiple sources

Look for the FOMC to act early and go big in terms of forward repurchase agreements at the first sign of liquidity stress.

WAL is one the best performing small banks in the US based upon equity market valuations, profits and growth rates

Fact is, we are all staring at computers or handsets, all of which are connected to the internet.

Many of the better managed financials that we track have become sellers of assets rather than buyers in the past several months.