The Institutional Risk Analyst

The markets got their rate cut over the past six months and now may have to give some of that back.

Why should a private Fannie Mae be a 20% risk weight under Basel III, but PFSI or Mr. Cooper (COOP) are 100%?

In 2019, the FOMC essentially nationalized the US money markets, eliminating private price discovery for a representation of a market.

This morning, banks are buying funding from the BTFP below 4.85% and selling Fed funds at 5.5%.