The Institutional Risk Analyst

Even as Powell signals willingness to take interest rate targets higher, he has put off a decision on the Fed's balance sheet until June.

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

The big surge in income and net worth caused by the FOMC last year is rapidly ending. Winter has returned to mortgage land...

Is BLND worth more than RKT, or entrenched data monopolies and solution providers such as BKI or even CLGX?

We continue to believe that issuers and funds should be accumulating conventional servicing. Rates bottomed in February...

Given that IMBs now service two-thirds of all 1-4 family residential mortgage loans, the risk to the nonbanks from COVID is growing...