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The Institutional Risk Analyst


Yellen FSOC Punts on Mortgage Servicers; WGA Bottom 25 Banks
Are there bank bargains down in the cellar waiting to be discovered?
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May 13, 20247 min read


TCBI v Ginnie Mae Goes to Trial | Outlook for Commercial & Residential Mortgage Finance
McCargo's actions and the fact that the case has not been dismissed in its entirety is very unhelpful given current market conditions.
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Apr 21, 20247 min read


Texas Capital Bank v Ginnie Mae
The legal dispute between Ginnie Mae and Texas Capital Bank makes additional defaults by HECM lenders more likely...
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Oct 9, 20237 min read


Reverse Mortgage Bankruptcy Festers; IRA Housing Outlook
The Biden Administration has no real strategy for addressing the growing stress in the market for government insured mortgages
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Aug 14, 202310 min read


Interest Rates, MSRs, Mortgage Putbacks & FICO Scores
Persistent talk about a 5.5% 30-year mortgage rate later this year is badly wrong as TBAs flip from 5.5% to 6% coupons for delivery in June
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May 25, 20238 min read


The Return of Credit Risk
Fact is, Dr. Brainard has primary culpability in the growing economic pain being felt around the country.
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Feb 23, 20237 min read


Interview: David Stevens on GNMA Capital Rule & ICE + BKI
The entire mortgage industry will have a single point of failure with the ICE/BKI combination
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Sep 12, 20228 min read
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