We hope everyone had a nice holiday weekend.Another week behind us and more weeks of quarantine in front of us as California extended shelter at home until May 15. Tighter restrictions for all of us across America. We’ll try to keep it short and to the point as there is ample news, headlines, and content to keep everyone busy. Except …
Happy Monday all, in case you forgot what day it is………. We work where we sleep, and we eat where we work. Every day is bring your kid to work day and everyday has become Wednesday. High stress andlong hours. Over the last two weeks we have seen the de-levering of REITS, collapse of the agency specs and non- agency MBS markets. Non-QM got …
We’re buried trying to get the number of offerings out and can only imagine what it must look like on. the receiving side of these emails, so we apologize and we’ll try to summarize below. Non QM – 15 pools ~$820mm This sector is getting a lot of attention but struggling to find a clearing level. We’re battling “1 st in …
Struggling to sleep these days and my work wife is about to kill me but here’s an what we can share, this morning. We sent an email yesterday, some thought it was a little rosey but we did receive a lot of feedback on what buyers are still buying. Keep in mind as we search for clearing levels in the …
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 …
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 …
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 …
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. …
