The March 2020 bond rally set off by the global pandemic may have passed, but the impact of the volatile 2020 TBA market persists – even as the Federal Housing Finance Agency (FHFA) proposes new liquidity requirements.
Published April 24, 2020
As you are likely aware, the prospect of borrowers becoming unemployed as a result of COVID-19 shutdowns has become a reality, but the depth of that part of this crisis has yet to be determined. Thus, the threat of loans entering forbearance is a major [...]
The COVID-19 (Coronavirus Disease 2019) pandemic throughout the world continues to become more critical by the day and most experts predict things will get worse before they get better. The impact on society, the world economy, and our industry remain to be seen, but the [...]
Together we are living, working, and fighting through a yet to be written new chapter in history and we are facing new challenges at every turn. COVID-19 (Coronavirus Disease 2019) has claimed over 7,000 lives, demanded factory shutdowns, quarantines and isolation, and company [...]
It’s obvious that whoever pens the record books for financial stats is going to have a hand cramp after the past couple of weeks. The equity and commodities markets selling off extraordinary amounts, as well as the unprecedented moves in equities and bonds have us reeling from [...]