The Institutional Risk Analyst

If you believe that there is no recession coming in 2025, what is the logical response from an informed investment professional?

Regulatory skepticism about mortgage assets could effect financing rates for lenders, which means higher mortgage rates for consumers.

The public behavior and decision-making processes of SoftBank suggest that the organization is in trouble.

We continue to believe that combining Citi and GS may make sense in terms of consolidating two capital markets businesses

When interest rates eventually fall those late vintage mortgage loans with 6% coupons will evaporate like spring snow in the sunshine

Are nonbank mortgage firms a risk to Ginnie Mae? Or is it really the other way around?

We suspect that the IMBs will be sellers of conventional assets to defend their Ginnie Mae MSRs. Banks may be buyers of conventional assets

NRZ must pay $400 million to Fortress to end the relationship with the external manager, a final act of squeezing NRZ shareholders

Q: What do Elon Musk and Masayoshi Son have in common? Gigantic margin loans...

Who is going to acquire and restructure Blend Labs (BLND) before this newbie-fintech-something runs out of cash?

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

“Time to turn on the lights and find the rest of the cockroaches”