No need to highlight headlines here, and there’s plenty of negative things to point out, but that isn’t our role in the market. Our role is to match buyers with sellers in good markets and bad. Some buyers have suspended bidding and prices have softened but there are trades that are getting done. Some sectors have been more challenged (Non …
Whole Loan Update 03/13/20
Happy Friday the 13 th . It’s been a VERY long two weeks since our last update just prior to the SFIG conference. We’ve all read enough headlines lately so just a quick update. The first table below is a summary of current offerings. RAMS has 18 portfolios for $620mm available for sale. The second table lists the 27 …
Whole Loan Update 03/10/20
What a week! We started off with what felt like the end of mortgage REITs, massive overhang of product, margin calls, spec pool pay ups, and MSR values vaporized. Quarter end balance sheet and liquidity constraints didn’t help either. Shelter at home for all and California closed hiking trails andbeaches! We ended the week with REITs bouncing off their lows, muni …
Whole Loan Update 02/21/20
We’re headed to the SFIG conference in Las Vegas next week, let us know if you’re going, hope to see you there. The first table below is a summary of current offerings. RAMS has 26 portfolios for $691mm availablefor sale. The second table lists the 16 pools RAMS traded of the 48 portfolios we bid, since the last update. …