The Institutional Risk Analyst

And as we predicted several months ago, Fannie Mae and Freddie Mac are at the bottom of the list now instead of the top, reflecting the fact that release from conservatorship has been shelved in favor of the GSEs buying back their own debt. Using the balance sheets of the GSEs to buy MBS basically makes them instruments of public policy, but this does not preclude President Trump from directing an equity offering after the midterm elections.

There is an old rule on Wall Street that industry sectors like airlines and auto manufacturers are trades rather than investments...

The majority of the actual cash profit generated from residential lending is found in the mortgage servicing rights (MSRs).

Could President elect Donald Trump be facing a maxi market correction before inauguration day?

While there are a great number of people inside the Fed who ponder the appropriate level of reserves in the system, they don't really know

Bankruptcy of Reverse Mortgage Funding may be first step in a systemic crisis affecting the government loan market

Is 2023 the year of the Return of the Distressed Loan Trade?

It seems obvious that the reported book value metrics coming from many commercial banks, REITs and mortgage banks are a tad inflated...

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

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