The Institutional Risk Analyst

Banks | Markets | Finance

Nov 1, 20236 min read

Update: PennyMac Financial Services

If we are marking balance sheet assets to actual market in the age of deflation, what of the heavily modeled world of servicing assets?

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Dec 12, 20224 min read

Rising Interest Rates? Really?

Since 2008, dollar swap spreads have traded below Treasury yields, suggesting a persistent demand for dollars coming from offshore.

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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.

878 views

Nov 23, 20207 min read

Nonbank Update: PennyMac Financial Services

There is no actual disclosure from PSFI as to exactly how much of the firm’s default advances are being financed with bondholder funds

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