The Institutional Risk Analyst

Banks | Markets | Finance

May 10, 20238 min read

Is USA still a "AAA" Credit? Really? Update: Rithm Capital

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

1,505 views

Mar 6, 20238 min read

Atlas Stumbles, Silvergate Wallows; 360 Mortgage v. Fortress (and RITM)

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

1,806 views

Jun 22, 20225 min read

New Residential Pivots, Gets "Rithm"

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

802 views

Nov 3, 20217 min read

Update: New Residential Investment, Fortress & Softbank

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

877 views