Shows
Thoughts on the MarketThe U.S. Housing Market SlowdownThe U.S. housing market appears to be stuck. Our co-heads of Securitized Product research, Jay Bacow and James Egan, explain how supply and demand, as well as mortgage rates, play a role in the cooling market.Read more insights from Morgan Stanley.----- Transcript -----James Egan: Welcome to Thoughts on the Market. I'm Jim Egan, co-head of Securitized Products Research at Morgan Stanley.Jay Bacow: And I'm Jay Bacow, the other co-head of Securitized Products Research at Morgan Stanley. And afte...2025-06-3008 min
EVN Report PodcastsExamining the Context: The Quartet and Securitized Minilateralism: France, India, Poland and Armenia’s New Security ParadigmArmenia hosted the second Yerevan Dialogue in partnership with France, India, and Poland. Nerses Kopalyan, author of the EVN Security Report series, talks about the strategic implications of this emerging partnership and what securitized minilateralism could mean for Armenia’s evolving security architecture.2025-06-0928 minThoughts on the MarketWill Housing Prices Keep Climbing?Our Co-Heads of Securitized Products Research Jay Bacow and James Egan explain how mortgage rates, tariffs and stock market volatility are affecting the U.S. housing market.Read more insights from Morgan Stanley. ----- Transcript -----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, co-head of Securitized Products Research at Morgan Stanley.James Egan: And I'm Jim Egan, the other co-head of Securitized Products Research at Morgan Stanley. And today we're here to talk about all of the headlines that we've...2025-04-2408 minThoughts on the MarketA Rollercoaster Housing MarketOur co-heads of Securitized Products Research, James Egan and Jay Bacow, explain how the increase in home prices, a tight market supply and steady mortgage rates are affecting home sales.----- Transcript -----James Egan: Welcome to Thoughts on the Market. I'm Jim Egan, co-head of Securitized Products Research at Morgan Stanley.Jay Bacow: And I'm Jay Bacow, the other co-head of Securitized Products Research at Morgan Stanley.Today, a look at the latest trends in the mortgage and housing market.It's Wednesday, Fe...2025-02-1907 minThoughts on the MarketGlobal Outlook: Housing, Currency Markets in FocusOn the second part of a two-part roundtable, our panel gives its 2025 preview for the housing and mortgage landscape, the US Treasury yield curve and currency markets.----- Transcript -----Vishy Tirupattur: Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist. This is part two of our special roundtable discussion on what's ahead for the global economy and markets in 2025.Today we will cover what is ahead for government bonds, currencies, and housing. I'm joined by Matt Hornbach, our Chief M...2024-11-1912 min
On The MarketInvestments Outperforming Rentals That Only the Elite Know AboutMost people are missing out on what could be the best real estate investments of 2025. Why? Most investors don’t even know about them or have never had access to invest in them before. Today, we’re talking to Fundrise CEO Ben Miller about how he’s taking these once elite-only investments and making them available for the average investor. These investments, for the most part, beat out regular rental properties with sizable returns and way less work. So, what’s the catch? Is there a catch?If you want to get ahead of the curve and know the...2024-11-0734 min
Orion's The Weighing MachineJohn Kerschner of JanusHenderson - CLOs: What Are They and Why Should Investors and Financial Advisors Be Interested?Today, Rusty and Robyn are joined by John Kerschner, Head of US Securitized Products and a portfolio manager at Janus Henderson Investors. He is a member of the Securitized Credit and US Fixed Income Teams and leads the teams in finding innovative ways to utilize structured products in JHI portfolios. Prior to joining Janus in 2010, John was director of portfolio management at BBW Capital Advisors. Before that, he worked for Woodbourne Investment Management, where he was global head of credit investing. John began his career at Smith Breeden Associates as an assistant portfolio manager and was promoted several times...2024-11-051h 04
Global PerspectivesThe outlook for securitized as Fed commences rate-cutting cycleA discussion on how the macroeconomic environment is impacting the securitized and multi-sector credit markets.In this episode, Portfolio Managers John Kerschner and John Lloyd join U.S. Head of Portfolio Construction and Strategy Lara Castleton for a discussion on how the macroeconomic environment is impacting the securitized and multi-sector credit markets.2024-10-2931 minThoughts on the MarketWhat Does The Fed Rate Cut Mean For Mortgages?Mortgage rates aren’t directly influenced by Federal Reserve policy. However, the Fed’s recent cut likely will have a domino effect on the US housing market, say our Co-Heads of Securitized Products Research Jay Bacow and James Egan.----- Transcript -----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, Co-Head of Securitized Products Research at Morgan Stanley.James Egan: And I'm Jim Egan, the other Co-Head of Securitized Products Research at Morgan Stanley. And on this episode of the podcast, we're going to discus...2024-10-1608 min
LPC - Lending Lowdown SeriesEpisode 25 | Deep Dive into the CLO ETF and Broader Securitized MarketJohn Kerschner, Head of U.S. Securitized Products & Portfolio Manager at Janus Henderson Investors joins CJ Doherty to discuss the growing CLO ETF and broader securitized market. "Securitized products are issued at the short end of the yield curve between one and five years," said Kerschner. "Now that the yield curve is inverted, meaning the short end has higher yields than the long end, that makes the overall yields of securitized products look very attractive."2024-09-0520 minThoughts on the MarketBumpy Road Back For US Housing MarketWhile mortgage rates have come down, our Co-heads of Securitized Products Research say the US housing market still must solve its supply problem.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, co-head of Securitized Products Research at Morgan Stanley.Jay Bacow: And I’m Jay Bacow, the other co-head of Securitize Products Research.Jim Egan: Along with my colleagues bringing you a variety of perspectives, today Jay and I are here to talk about the US housing and mortgage marke...2024-08-2907 min
The Wall Street Skinny86. Private Credit 101: Asset-Based Lending Feat. Keri Findley, Founder and CEO of Tacora CapitalSend us a textWe are kicking off our multi-part foray into the world of Private Credit --- arguably the most talked-about investment vertical of 2024 --- with brilliant and hilarious Keri Findley, founder and CEO of Tacora Capital. If you're interested in learning about Securitized Products, prestigious exit opportunities from the Sales, Trading, & Research division of an Investment Bank, or the career path towards landing a job in Private Credit, this episode is a MUST LISTEN.Keri is our first guest who has a background in Securitized Products, and she has a superpower o...2024-07-2058 min
The CLO Investor Podcast#8 John Kerschner, Head of U.S. Securitized Products, Janus HendersonShiloh Bates welcomes John Kerschner, Head of U.S. Securitized Products and a Portfolio Manager for JAAA at Janus Henderson, to the podcast. John explains the relative attractiveness of CLO AAAs versus other asset classes; how his team chooses CLO AAAs; and if he thinks the market should expect continued CLO tightening. 2024-07-1844 min
The Climate PodFragile Insurers, Risky Mortgages, and the Climate Crisis (w/ Prof. Pari Sastry)In 2008, the world economic system was rocked by a financial crisis that stemmed from risky mortgages being securitized and sold as safe investments to unknowing investors. Misaligned incentives, unpriced risk, deceptive selling practices, and a lack of regulatory scrutiny throughout the financial industry led to the Great Recession, the consequences of which we're still feeling in a variety of ways today. While somewhat different from what preceded the 2008 financial crisis, there are clear parallels with what's happening in the home insurance and mortgage markets in areas most at risk to damage from climate-worsened storms. As large, traditional in...2024-07-1732 minThoughts on the MarketU.S. Housing: What Will Slow Home Price Growth?Record-high prices remain a key concern for buyers in the U.S. housing market. Our Co-Heads of Securitized Product Research dig into the data, explaining why they still believe a deceleration in home price growth will come.----- Transcript -----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, co-head of Securitized Products Research at Morgan Stanley.James Egan: And I'm Jim Egan, the other co-head of Securitized Products Research at Morgan Stanley. It's Tuesday, July 9th, at 1pm in New York....2024-07-1006 min
InsuranceAUM.comEpisode 215: Current Perspectives on Securitized CreditToday on the InsuranceAUM.com podcast, Stewart Foley speaks with Jean-Marc Breaux, Sector Portfolio Manager Fixed Income Division at T. Rowe Price. Stewart and Jean-Marc take a deep dive into the current state of securitized credit as Jean-Marc shares his unique perspective on this asset class.
2024-06-0727 min
TCW Investment PerspectivesExplosion in Esoteric ABS issuanceIssuance of asset-backed securities has boomed over the past year. Is this an expansion of the opportunity set, or an example of late-cycle behavior? TCW Co-Head of Global Securitized Peter Van Gelderen and Senior Securitized Analyst Dom Bea discuss the drivers of growth in issuance and which areas of the market they view as compelling. 2024-05-2415 minThoughts on the MarketMidyear Housing Outlook: Is Home Sale Activity Picking Up?With cooling inflation and an expected drop for mortgage rates, will more affordable housing lead to a big spike in sales? Our Co-Heads of Securitized Product Research take stock of the US housing market. ----- Transcript -----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, co-head of Securitized Products Research at Morgan Stanley.James Egan: And I'm Jim Egan, the other co-head of Securitized Products Research at Morgan Stanley.Jay Bacow: And on this episode of the podcast, we'll discuss our outlook for...2024-05-2306 min
Understanding EdgeApril Fixed Income Insights: Understanding Market DynamicsIn this episode of Understanding Edge, we discuss the Fed's recent meeting and the latest outlook on inflation and rates. We also explore the recent performance of various sectors within the fixed income market.
Bonds rated AAA, AA, A and BBB are considered investment grade.
Bloomberg US Aggregate Bond Index measures the performance of investment grade, fixed-rate taxable bond market and includes government and corporate bonds, agency mortgage-backed, asset-backed and commercial mortgage-backed securities (agency and non-agency). Bloomberg US Corporate Index measures the performance of the US investment grade fixed-rate taxable corporate bond market. Bloomberg US Secu...2024-05-1518 minThoughts on the MarketThe Fed Sends a Clear MessageOur Chief Fixed Income Strategist explains why the Federal Reserve’s most recent meeting was so consequential, and the likeliest path ahead for interest rates.----- Transcript -----Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley’s Chief Fixed Income Strategist. Along with my colleagues bringing you a variety of perspectives, I'll be talking about last week’s FOMC meeting and its impact on fixed income markets. It's Thursday, May 9th at 1pm in New York.Last week’s Fed meeting was conseq...2024-05-0903 minOrion's The Weighing MachineRicky Schneider of Fort Washington Investment Advisors - Securitized Income and Structured Products: We’ll Break Down These Terms and What You Should Know About ThemToday Rusty & Robyn are joined by Ricky Schneider, Vice President and Senior Portfolio Manager at Fort Washington Investment Advisors. He is responsible for the commercial mortgage-backed securities portfolios for both Western & Southern Financial Group and third-party institutional clients. Schneider joined the firm in 2019. Prior to Fort Washington, he was with Mesirow Financial in Chicago where he was a Managing Director responsible for trading CMBS and other structured products. He also has previous experience at Loop Capital Markets, Lehman Brothers Asset Management, and Lincoln Capital Management.Key Takeaways[02:42] - Ricky’s professional background and what led him to...2024-04-2332 minThoughts on the MarketUS Housing: Will Lower Fees Means Higher Sales?A landmark settlement with the National Association of Realtors will change the way brokers are paid commissions. How would this affect people looking to buy or sell homes? Our co-heads of Securitized Products Research discuss.----- Transcript -----James Egan: Welcome to Thoughts on the Market. I'm Jim Egan, co-head of Securitized Products Research at Morgan Stanley.Jay Bacow: And I'm Jay Bacow, the other co-head of Securitized Products Research.James Egan: And on this episode of the podcast, we'll be discussing some proposed changes to...2024-03-2805 minThoughts on the MarketIs the Housing Market Back?Mortgage rates are down, sales volumes are rising and housing is gradually getting more affordable. Our analysts discuss why they think the U.S. housing market is on a healthy foundation. ----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co Head of Securitized Products Research at Morgan Stanley.Jay Bacow: And I'm Jay Bacow, the other Co Head of Securitized Products Research.Jim Egan: And on this episode of the podcast, we'll be talking about mortgage rates, home sales volumes and the U. S...2024-02-0205 minThoughts on the MarketWill Falling Rates Mean Lower Home Prices?As mortgage rates come down from 8% closer to 6.5%, the 2024 housing market will see changes in inventory, home prices and sales.----- Transcript -----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, Co-Head of Securitized Products Research at Morgan Stanley. Jim Egan: And I'm Jim Egan, the other Co-Head of Securitized Products Research. Jay Bacow: And on this episode of the podcast we'll be discussing what the recent rally in mortgage rates means to the mortgage and housing Markets. It's Thursday, De...2023-12-2103 min
Allspring: SpringTalkOpportunities and Risks in U.S. Securitized MarketsMira Park, senior portfolio manager of the Investment Grade Income team at Allspring Global Investments, and Jarad Vasquez, senior portfolio manager and co-head of the Core Fixed Income team, talk about opportunities and risks in U.S. securitized markets and why fixed income is the top opportunity listed in Allspring’s recently published 2024 investment outlook.Allspring Global Investments is the trade name for the asset management firms of Allspring Global Investments Holdings, LLC, a holding company indirectly owned by certain portfolio companies of GTCR LLC and Reverence Capital Partners, L.P. These firms include but are not limited to...2023-12-2014 min
First Look ETFFirst Look ETF: Investing in Critical Tech, Securitized Assets & the Digital EconomyIn this episode of First Look ETF, Stephanie Stanton @etfguide analyzes new actively managed ETFs from GMO, USCF Investments and Zacks Investment Management. The recently launched ETFs for our December 2023 episode focus on critical technologies, securitized assets and the "future of finance." The guest lineup for this episode includes:1. Douglas Yones, ChFC, Head of Exchange Traded Products at NYSE2. Arne Noack, Head Systematic of Investment Solutions, Americas at DWS Investment Management3. John Kerschner, CFA and Head of U.S. Securitized Products at Janus Henderson Investors 4. David LaValle, Global Head of ETFs at...2023-12-1520 min
Behind the TickerMatt Barry - Touchstone FundsThe guest on this episode of the "Behind the Ticker" podcast was Matt Barry, head of product management and ETF capital markets at Touchstone Investments. Touchstone is a $25 billion mutual fund manager that has historically focused on active management strategies. As Matt explained, Touchstone aims to beat benchmarks by looking meaningfully different than the benchmarks, using high conviction best ideas from 15 different subadvisors across various strategies.Seeing the continued growth in active ETFs, Touchstone has been building out an ETF platform over the last few years. They launched their first four active ETFs around...2023-12-0124 min
Beyond the BuildingsWhy US Property Retains Its Value Compared to Other Global MarketsProperty is the world’s largest asset class, so any fluctuation within this market has far-reaching effects. Just consider how property values in countries like Australia, New Zealand, Canada, the U.K., and the U.S. have sent ripples throughout the global economy.There are many factors that affect the housing market, and one is the amount of investment activity. Investors contributed to the dramatic home price growth seen in recent years. The surge in investor activity significantly impacted home prices, but the precise extent of this influence remains a subject of ongoing debate among economists....2023-11-0823 minThoughts on the MarketU.S. Housing: The Impact of High Mortgage RatesWith mortgage rates at their highest level in 20 years, housing affordability may deteriorate to levels not seen in decades.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-Head of Securitized Products Research here at Morgan Stanley. Jay Bacow: And I'm Jay Bacow, the other Co-Head of Securitized Products Research. Jim Egan: And on this episode of the podcast, we'll be discussing U.S. home prices. It's Tuesday, October 31st at 11 a.m. in New York. Happy Ha...2023-10-3106 min
Forward GuidanceDoes Historic Cheapness Of Agency Mortgage-Backed Securities (MBS) Indicate Funding Stress? Dave Goodson, Professor Jeremy Siegel, Jeremy Schwartz, and Jack FarleyWhat you’re about to listen to is a conversation with Jeremy Siegel, distinguished professor of economics at Wharton, Jeremy Schwartz, CIO of WisdomTree, and Dave Goodson, head of securitized products at Voya Financial, and Jack Farley, who was a guest on this episode of the “Behind The Markets” podcast.The first part of this discussion features Professor Siegel’s macro view on bonds, stocks, and the economy, and the second part of the conversation is devoted to Dave Goodson’s in-depth analysis of the world of securitized products, such as agency MBS, non-agency MBS, commercial MBS, and collat...2023-10-2949 min
Behind the Markets PodcastBehind the Markets Podcast: Jack Farley & Dave GoodsonShow from 10/20/23
Hosts Jeremy Schwartz and Professor Siegel begin by summarizing current rate reports that are being released. Professor Siegel doesn't think The Fed will raise rates on November 1st. Mid December will bring new unemployment rate reports to watch for. He states there may be some caution going into the fourth quarter but nothing serious yet due to interest rates. The market is under pressure but he thinks the stronger economy will bring in stronger earnings. Jack asks the Professor about bonds and at what point are the rates attractive as a long term investment. (11:00) Dave Goodson joins Jeremy...2023-10-2051 min
All the CreditView from the Top: Opportunities in High-Quality Credit With our macro base case calling for below trend, but positive growth and elevated inflation, we see a fairly healthy environment for credit and credit returns looking forward. In this episode of All the Credit®, we’ll take a closer look at the high-quality credit spectrum, where solid nominal yields, reasonable credit spreads, and durable credit fundamentals could be attractive to fixed income investors. Alternatively, even if the economy proves less resilient than expected, tactically allocating to high-quality credit can provide reasonable insulation from outside drawdowns and downturns. Hosts Brian Barnhurst, CFA, Co-Head of Credit Research, and Mik...2023-09-2827 min
ETF Radio Show Archives | ETF Prime PodcastZero-Day Options ETFs, Quality Factor, & Securitized IncomeVettaFi’s Dave Nadig covers the launch of the first ETF holding 0DTE options, along with IPOs in ETFs, flows, and stories to watch moving forward. Astoria’s John Davi spotlights their recently launched U.S. Quality Kings ETF (ROE) and discusses current model portfolio positioning. Fort Washington Investment Advisors’ Laura Mayfield explains the management process behind two Touchstone ETFs, including their Securitized Income ETF (TSEC).
2023-09-191h 00
ETF PrimeZero-Day Options ETFs, Quality Factor, & Securitized Income
VettaFi’s Dave Nadig covers the launch of the first ETF holding 0DTE options, along with IPOs in ETFs, flows, and stories to watch moving forward. Astoria’s John Davi spotlights their recently launched U.S. Quality Kings ETF (ROE) and discusses current model portfolio positioning. Fort Washington Investment Advisors’ Laura Mayfield explains the management process behind two Touchstone ETFs, including their Securitized Income ETF (TSEC).
2023-09-1900 minThoughts on the MarketU.S Housing: The Market Is Not a MonolithA surprising increase in the sale of new homes doesn’t mean that overall demand for housing is on the rise. Find out what to expect for the rest of the year.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jay Bacow: And I'm Jay Bacow, the other Co-Head of U.S. Securitized Products Research. Jim Egan: And on this episode of the podcast, we'll be d...2023-06-2906 min
Eurodollar UniversityCredit crunch is spreading throughout Europe, already reaching deflationary crisis proportions.Oil can't catch a sustained bid, too easily falling right back into contango. With the US debt ceiling agreement (in principle), rates markets worldwide can now go back to their regularly scheduled alarms. And they have. European banking data shows why that is as contagion spreads across loan books. Eurodollar University's Money & Macro AnalysisCNBC: Credit Suisse weighs capital hike, possibility of exiting U.S. markethttps://www.cnbc.com/2022/09/22/credit-suisse-weighs-capital-hike-looks-to-possibly-exit-us-market.htmlCredit Suisse: Securitized Productshttps://www.credit-suisse.com/us/en/investment-banking/global-markets/credit/securitized-products.htmlCNBC: Credit S...2023-05-3118 minThoughts on the MarketU.S Housing: Is there Still Strength in the Housing Market?As the confidence level of homebuilders building new homes is increasing, will home sales go along with it? Jim Egan and Jay Bacow, Co-Heads of U.S. Securitized Products Research discuss.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jay Bacow: And I'm Jay Bacow, the other Co-Head of U.S. Securitized Products Research. Jim Egan: And on this episode of the podcast, we'll be di...2023-05-2306 minBehind the Markets PodcastBehind the Markets Podcast: Dave GoodsonJoin Jeremy Schwartz and Prof. Siegel as they dive deep into fixed income and recent economic reports. Some other key topics include the S&P 500 index, stabilization in the housing market, and the potential for a cumulative effect of policy to stimulate the market. Banks are still strained but we’re not feeling the macroeconomic domino effect (yet). Returning guest Dave Goodson gives his views on fixed income market opportunities. Dave shares his framework for investing in and studying fixed income and the securitized market, and how they can greatly benefit your portfolio. He thinks the 60/40 portfolio might be making a...2023-04-2952 minThoughts on the MarketVishy Tirupattur: Tumult in the Banking SectorAs the U.S. banking sector faces oncoming regulatory changes, how will the smaller banks react to these new requirements and what will the impact be on markets?----- Transcript -----Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist. Along with my colleagues, bringing you a variety of perspectives, I'll be talking about the impact of potential regulatory changes on bank assets. It's Tuesday, April 18th at 11a.m in New York. In the wake of the tumult in t...2023-04-1804 minThoughts on the MarketU.S Housing: The Future of Mortgage MarketsBanks and the Fed are winding down activity in the mortgage market amid recent funding challenges, signaling a potential new regime for the asset class. Co-Heads of Securitized Products Research Jim Egan and Jay Bacow discuss.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jay Bacow: And I'm Jay Bacow, the other Co-Head of U.S. Securitized Products Research. Jim Egan: And on...2023-04-1204 minThoughts on the MarketVishy Tirupattur: The Coming Challenges for Bank CreditAgainst the backdrop of volatility in the banking sector, tightening in consumer and commercial credit may have far-reaching impacts for economic growth.----- Transcript -----Welcome to Thoughts on the Market. I'm Vishy Tirupattur, Chief Fixed Income Strategist here at Morgan Stanley. Along with my colleagues, bringing you a variety of perspectives, I'll be talking about the impact of the current volatility in the banking sector on credit. It's Tuesday, March 21st at 11 a.m. in New York. On the back o...2023-03-2103 min
Rent To Retirement: Building Financial Independence Through Turnkey Real Estate InvestingEp 148 - Investing in Tokenized Real Estate | with Eric MartelTokens are the new hot thing in investing…and potentially the future of investing. You hear about new coins being started constantly, and many of them are just fads that have no value
behind them. Securitized tokens, however, are a different story.
Eric Martel joins Adam Schroeder and Zach Lemaster to discuss his new securitized token, MartelInvest. Eric explains how it works, what it’s backed by (surprise, it’s real estate!), how people can invest, and what entry and exit plans investors can have with the investment.
Eric also shares his unique story...2023-02-0639 minThoughts on the MarketU.S. Housing: Will Activity Continue to Slow?With housing data from the last few months of 2022 coming in weaker than expected, what might be in store for mortgage investors? Co-Heads of U.S. Securitized Products Research Jim Egan and Jay Bacow discuss.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jay Bacow: And I'm Jay Bacow, the other Co-Head of U.S. Securitized Products Research. Jim Egan: And on thi...2023-01-1905 min
DiffuseTap PodcastDiffuseTap: Securitize Everything (Legally!)Now that virtually any asset can be securitized but the legalese is not clear yet, what’s the best way to invest in freshly securitized assets… legally?
Last time on DiffuseTap, we asked François de Chezelles, CEO of Talium, about securitization, what assets can be securitized legally, and how U.S. rules around securitization fare in comparison to the rest of the world.2023-01-1332 minThoughts on the MarketEnd-of-Year Encore: U.S. Housing - How Far Will the Market Fall?Original Release on November 17th, 2022: With risks to both home sales and home prices continuing to challenge the housing market, investors will want to know what is keeping the U.S. housing market from a sharp fall mirroring the great financial crisis? Co-heads of U.S. Securitized Products Research Jim Egan and Jay Bacow discuss.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-head of U.S. Securitized Products Research here at Morgan Stanley. Jay Bacow: And I'm Jay...2022-12-2307 minThoughts on the MarketU.S. Housing: How Far Will the Market Fall?With risks to both home sales and home prices continuing to challenge the housing market, investors will want to know what is keeping the U.S. housing market from a sharp fall mirroring the great financial crisis? Co-heads of U.S. Securitized Products Research Jim Egan and Jay Bacow discuss.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-head of U.S. Securitized Products Research here at Morgan Stanley. Jay Bacow: And I'm Jay Bacow, the other Co-head o...2022-11-1707 min
Africa Tech NewsEgyptian Fintech, Blnk, Raises $32 Million To Provide Loans In EgyptBlnk is providing consumers with access to credit at the point of sale. The startup has raised a total of $32 million in a combined pre-seed and seed funding round, which comprises $23.7 million in equity and debt funding as well as $8.3 million in securitized bond issuance. The $12.5 equity round was led by Abu Dhabi’s Emirates International Investment Company and Egypt-based venture capital firm, Sawari Ventures, with participation from several prominent local and international angel investors. The debt funding of $11.2 million was secured from several leading local banks and the $8.3 million securitized bond issuance was underwritten by the National Ba...2022-11-1601 minThoughts on the MarketU.S. Housing: Are Home Prices Decelerating?As month over month data begins to show a downturn in home prices, will overall price growth and sales begin to fall steeper than expected? Co-Heads of U.S. Securitized Products Research Jim Egan and Jay Bacow discuss.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-head of U.S. Securitized Products Research here at Morgan Stanley. Jay Bacow: And I'm Jay Bacow, the other Co-head of U.S. Securitized Products Research. Jim Ega...2022-10-0606 minThoughts on the MarketU.S. Housing: Will Housing Prices Continue to Rise?While home price appreciation appears to be slowing, and a rapid increase in supply is hitting the market, how will housing prices fare through the rest of the year and into 2023? Co-Heads of U.S. Securitized Products Research Jay Bacow and Jim Egan discuss.-----Transcript------Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jay Bacow: And I'm Jay Bacow. The other Co-Head of U.S. Securities Products Research. 2022-09-0705 min
Investment OfficerMorgan Stanley IM: The securitized market still offers an unique opportunityAccording to Gregory Finck, portfolio manager and head of the Securitized team of Global Fixed Income of Morgan Stanley Investment Management, the securitized market still offers an unique opportunity to achieve steady returns with attractive yields and solid credit fundamentals. Although volatility has increased and credit conditions could weaken as risks of a potential recession increase, he remains constructive on securitized credit conditions overall with the U.S. economy remaining strong and with housing and consumer credit conditions continuing to be healthy. In this podcast he explains Marije Groen why.Investment Officer is an editorially in...2022-08-2431 minThoughts on the MarketU.S. Housing: Will New Lending Standards Slow Housing Activity?As lending standards tighten and banks get ready to make some tough choices, how will the housing market fare if loan growth slows? Co-Heads of U.S. Securitized Products Research Jim Egan and Jay Bacow discuss.-----Transcript-----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jim Egan: And I'm Jim Egan, the other Co-Head of U.S. Securitized Products Research. Jay Bacow: And on this ep...2022-08-0906 minBehind the Markets PodcastBehind The Markets Podcast: Don Kohn & Dave GoodsonShow from 7/29/22
As inflation increases and the Fed continues to raise interest rates, how will this effect the markets in the coming months? Hosts Jeremy Schwartz and Wharton Finance Professor Jeremy Siegel talk to the former fed vice chair about the possibility of a recession, negative growth in the money supply, food and energy prices, labor markets, and much more. Plus, a look at what is going on in fixed income with an expert on mortgage and securitized credit.
Guests:
Don Kohn – Former Fed Vice Chair, Senior Fellow at the Brookings Institution
Follow the Brookings Institution on Twitter: @BrookingsInst
For mo...2022-07-2852 minThoughts on the MarketSpecial Encore: U.S. Housing - Breaking Records not BubblesOriginal Release on June 16th, 2022: While many investors may be curious to know what other investors are thinking and feeling about markets, there’s a lot more to the calculation of investor sentiment than one might think.-----Transcript-----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jim Egan: And I'm Jim Egan, the other Co-Head of U.S. Securitized Products Research. Jay Bacow: And on this episode of...2022-07-0505 minThoughts on the MarketU.S. Housing: Breaking Records not BubblesWith home prices hitting new highs and inventory hitting new lows, the differences between now and the last housing bubble may help ease investors' worries that the market is about to burst. Co-Heads of U.S. Securitized Products Research Jim Egan and Jay Bacow discuss.-----Transcript-----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jim Egan: And I'm Jim Egan, the other Co-Head of U.S. Securitized Products Research. ...2022-06-1605 minThoughts on the MarketU.S. Housing: Supply, Demand, and the Yield CurveIn light of the U.S. Treasury yield curve recently inverting, many are asking if home prices will be affected and how the housing market might look going forward. Co-Heads of U.S. Securitized Product Research Jay Bacow and Jim Egan discuss.-----Transcript-----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jim Egan: And I'm Jim Egan, the other Co-Head of U.S. Securitized Products Research. ...2022-04-1307 minThoughts on the MarketSpecial Episode: How Fed Policy Impacts HousingAs the Fed continues to signal coming rate hikes this year, the housing market will face implications across home sales, mortgage rates, and fundamentals.-----Transcript-----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jim Egan: And I'm Jim Egan, the other Co-Head of U.S. Securitized Products Research. Jay Bacow: And on this edition of the podcast, we'll be talking about changes in the Fed po...2022-03-0406 min
All the CreditSecuritized Products: The Evolution of an Asset ClassSecuritized products, sometimes referred to as structured products or, more generically, asset-backed securities, has—more recently—experienced dramatic growth in market size. And while the sector is approaching nearly $4 trillion, the securitized assets market and investor appetite continues to expand. In this episode of All the Credit®, we’ll explore the evolution of the fixed income securitized marketplace and make our case as to why we believe securitized products offer a compelling source of value. Host and PGIM Fixed Income Senior Portfolio Manager, Mike Collins, sits down with Gabriel Rivera and Edwin Wilches, Co-Heads of Securitized Products at PGIM Fixed I...2022-02-1644 minThoughts on the Market2022 US Housing Outlook: Strong Foundations but Reduced AffordabilityThe foundation for the housing market remains healthy in 2022, with responsible lending standards and a tight supply environment, but, as the year continues, affordability challenges and a more hawkish Fed will likely slow appreciation and dampen housing activity.----- Transcript -----James Egan Welcome to Thoughts on the Market. I'm James Egan, co-head of U.S. Securitized Products Research here at Morgan Stanley, Jay Bacow And I'm Jay Bacow, the other co-head of U.S. Securitized Products Research. James Egan And on this edition of...2022-01-2007 min
Three in Five - an SLC Management podcastEpisode 27: Three securitized questions for D.J.Steve sits down with D.J. Lucey, Managing Director, Senior Portfolio Manager, Fixed Income at SLC Management, to discuss the securitized sector and the impact the 2008 global financial crisis had on preparing securitized credit markets to weather the COVID-19 storm.
The information in this podcast is not intended to provide specific financial, tax, investment, insurance, legal or accounting advice and should not be relied upon and does not constitute a specific offer to buy and/or sell securities, insurance or investment services. Investors should consult with their professional advisors before acting upon any information contained in this...2021-11-1007 minThoughts on the MarketSpecial Episode: Highs—and Lows—in U.S. HousingAffordability pressures continue to mount as housing supply tightens. How long will home prices continue setting records and what could it mean for credit availability?----- Transcript -----James Egan Welcome to Thoughts on the Market. I'm James Egan, Co-Head of U.S. Securitized Products Research here at Morgan Stanley. Jay Bacow And I'm Jay Bacow, the other Co-Head of U.S. Securitized Products Research here. James Egan And on this edition of the podcast, we'll be talking about continued growth in the housing ma...2021-10-0808 min
Money School PodcastBecome the Bank & Help the Unbankable: How to Build Secure Wealth Through Seller Financed Notes w/Nick Legamaro and Eric SageOne of the biggest jokes in the traditional banking system is that you can have money and be unbankable. Many people who dream of homeownership can’t have it because they don’t fit into the banks’ tiny box of an ideal borrower. If we can become our own bank, we can take our power back, and from an investor’s perspective, help people desperately seeking homeownership. This is where owner-financed note investing comes in as an elegant solution. Why is owner-financed note investing such a highly secure and luc...2021-09-231h 05Understanding EdgeDiamond Hill’s Fixed Income Team Marks 5-Year AnniversarySince joining Diamond Hill five years ago, Henry Song, CFA, and Mark Jackson, CFA, have remained focused on delivering the best possible outcomes for clients. Achieving those outcomes in the current environment, including through the COVID-19 pandemic and a period of historically low interest rates, has highlighted the team’s capabilities in fixed income markets and in particular the securitized market. In this podcast, Henry and Mark reflect on the past five years, the market environment, and how fixed income investing has evolved since the pandemic.
Click here for standardized performance, expenses, prospectus and important information for th...2021-08-0518 min
THE NEIL GARFIELD SHOWChase Follows the Lenin Strategy: Who-Whom, That is the Fundamental QuestionBill Paatalo joins Host Charles Marshall to discuss an established pattern he has uncovered in Chase litigation of all sorts. Just as Lenin in Soviet Russia days decided political questions based on who the players to benefit were from a given action, whom the victims would be from same action, Chase variously changes their claims of 'owning' the debt in securitized mortgages stemming from the WAMU to Chase bankruptcy of 2008, depending on whom they are litigating against. When the other party to their litigation over securitized mortgage loans is a borrower, they claim for these WAMU to Chase loans an...2021-06-1829 min
THE NEIL GARFIELD SHOWChase Follows the Lenin Strategy: Who-Whom, That is the Fundamental Question Bill Paatalo joins Host Charles Marshall to discuss an established pattern he has uncovered in Chase litigation of all sorts. Just as Lenin in Soviet Russia days decided political questions based on who the players to benefit were from a given action, whom the victims would be from same action, Chase variously changes their claims of 'owning' the debt in securitized mortgages stemming from the WAMU to Chase bankruptcy of 2008, depending on whom they are litigating against. When the other party to their litigation over securitized mortgage loans is a borrower, they claim for these WAMU to Chase loans an...2021-06-1830 min
The Encrypted EconomyShari Noonan, CEO of Rialto Markets: Creating an SEC Regulated Marketplace for Securitized Tokens - E24On this week’s episode of The Encrypted Economy, my guest is Shari Noonan, the CEO, and Co-Founder of Rialto Markets. Rialto is a registered Broker-Dealer, operating an Alternative Trading System focused on private securities, but their intrigue comes from the way that they tie these traditional operations with the world of digital assets. Shari is a true innovator when it comes to the future of private capital formation and the tokenization of private assets. Given my own lengthy background with Alternative Trading Systems, I just had to have her on the show. We cover the SEC’s recent amen...2021-04-1345 minTHE NEIL GARFIELD SHOWHiding the names of securitized trusts...by Chase Bank...Latest Covid Updates Today on the Show Bill Paatalo will break down latest strategies by Chase Bank to manipulate the legal process through name-selection shenanigans. Charles Marshall will break down latest on Covid, as well as provide a preview of an upcoming seminar to be presented by the newly formed trio of LendingEyes, consisting of Neil Garfield, Charles Marshall, and Bill Paatalo. The coming seminar will focus on topics critical to both homeowners in foreclosure and attorneys who help them with their either judicial or non-judicial litigation needs. A subset of the seminar will also incorporate content specifically for small landlords, many of...2021-01-2928 minTHE NEIL GARFIELD SHOWHiding the names of securitized trusts...by Chase Bank...Latest Covid UpdatesToday on the Show Bill Paatalo will break down latest strategies by Chase Bank to manipulate the legal process through name-selection shenanigans. Charles Marshall will break down latest on Covid, as well as provide a preview of an upcoming seminar to be presented by the newly formed trio of LendingEyes, consisting of Neil Garfield, Charles Marshall, and Bill Paatalo. The coming seminar will focus on topics critical to both homeowners in foreclosure and attorneys who help them with their either judicial or non-judicial litigation needs. A subset of the seminar will also incorporate content specifically for small landlords, many of...2021-01-2927 minTHE NEIL GARFIELD SHOWBy Admitting That you Received a Loan, You LoseForeclosure litigants need to return to First Principles in the Coming year 2021. What better way than to see Neil's latest Blog post explaining how even admitting you have a mortgage loan when it is securitized, particularly from the mortgage meltdown years from roughly 15 years ago to several years ago, is self-defeating, in that the truth is that there is no identifiable lender, borrower, payor, or payee, in the true and meaningful manner those terms are properly used. As Neil explains, the money which arrives at the closing table of these securitized mortgage loans, is not even a loan, in that 1...2020-12-1830 minTHE NEIL GARFIELD SHOWBy Admitting That you Received a Loan, You Lose Foreclosure litigants need to return to First Principles in the Coming year 2021. What better way than to see Neil's latest Blog post explaining how even admitting you have a mortgage loan when it is securitized, particularly from the mortgage meltdown years from roughly 15 years ago to several years ago, is self-defeating, in that the truth is that there is no identifiable lender, borrower, payor, or payee, in the true and meaningful manner those terms are properly used. As Neil explains, the money which arrives at the closing table of these securitized mortgage loans, is not even a loan, in that 1...2020-12-1831 min
Understanding EdgeThe Basics & Benefits of SecuritizationPortfolio Manager Henry Song discusses finding value in the underutilized securitized area of the market and how securitized strategies can fit into an investor’s portfolio.
The views expressed are those of Diamond Hill as of November 2020 and are subject to change. These opinions are not intended to be a forecast of future events, a guarantee of results, or investment advice.
Investment Grade is a Bond Quality Rating of AAA, AA, A or BBB.
As of August 31, 2020 Diamond Hill owned debt in JPMorgan Chase & Co.
This material is for informational purposes an...2020-11-2425 min
Real Estate Breakthrough#40 Christina Suter: Ownership and Time“If I have direct ownership and I'm active, I own it, I run it. Not only is my time going to be used to run the asset, I get a lot of choices and control. I have a lot of power therefore my ownership is agnostic to the asset.” -Christina Suter Today I am breaking down the relationship between ownership and time and how your level of ownership determines the amount of time you allocate to your investments. There are four levels of ownership and they are direct ownership, active and passive, securitized notes and funds...2020-11-2014 minTHE NEIL GARFIELD SHOWLehman Brothers BK of 2014 Exposes Massive Mortgage Fraud by the Usual Suspects See Bill Paatalo's Blog post of August 21 re how the Lehman Brothers BK of 2014 served as conduit for enabling Bill himself to do a deep-dive analysis of a database of almost 100,000 loans spread over approximately 250 securitized trust transactions associated with one RMBS Protocol. His analysis took place in what was a sample audting of securitized mortgages ordered by the BK Court. This auditing exposed a litany of defects, misrepresentations, inflated appraisals, falsely reported income, failure to provide original notes, etc.
Bill will then touch on some related mortgage fraud topics, while Charles Marshall will address some of the latest Covid-19 i...2020-08-2830 minTHE NEIL GARFIELD SHOWLehman Brothers BK of 2014 Exposes Massive Mortgage Fraud by the Usual SuspectsSee Bill Paatalo's Blog post of August 21 re how the Lehman Brothers BK of 2014 served as conduit for enabling Bill himself to do a deep-dive analysis of a database of almost 100,000 loans spread over approximately 250 securitized trust transactions associated with one RMBS Protocol. His analysis took place in what was a sample audting of securitized mortgages ordered by the BK Court. This auditing exposed a litany of defects, misrepresentations, inflated appraisals, falsely reported income, failure to provide original notes, etc. Bill will then touch on some related mortgage fraud topics, while Charles Marshall will address some of the latest Covid-19 i...2020-08-2829 min
All the CreditCan Real Estate Keep the Lights On? Investing in Securitized Credit During COVID-19With companies less reliant on office space, an ongoing shift to online retail shopping, and a recession in our midst, owning top-of-the-capital structure securitized products in our multi-sector portfolios can be a key differentiator. Join Mike Collins as he hosts John Vibert, PGIM Fixed Income’s Head of Securitized Products, for Episode 7 of All The Credit. In this episode, John explains current market risks, his team’s process for mitigating those risks, and why he believes PGIM Fixed Income remains well-positioned. Mr. Vibert also covers positions the team is actively adding to in the securitized product space, the team’s current...2020-08-2537 minTHE NEIL GARFIELD SHOWReverse Mortgages: Many involve securitization fraud, as with regular mortgages Reverse mortgages are akin to the Centuries Old principle of a Life Estate or an annuity. A life estate is where typically relatives who live together would pass title to a home, during the life of often an elderly person who owned the home in fee simple, who would then live out his or her life in the home, as if still owning the home. While technically a tenant, the person in a Life Estate would have full access to the home. Reverse mortgages are similar to a Life Estate in that typically elderly persons, who have often built up a...2020-07-1030 minTHE NEIL GARFIELD SHOWReverse Mortgages: Many involve securitization fraud, as with regular mortgagesReverse mortgages are akin to the Centuries Old principle of a Life Estate or an annuity. A life estate is where typically relatives who live together would pass title to a home, during the life of often an elderly person who owned the home in fee simple, who would then live out his or her life in the home, as if still owning the home. While technically a tenant, the person in a Life Estate would have full access to the home. Reverse mortgages are similar to a Life Estate in that typically elderly persons, who have often built up a...2020-07-1029 min
The TreppWire Podcast: A Commercial Real Estate Show13. The Big Short of CMBX 6 with Dan McNamara and Catie McKee from MP Securitized Credit PartnersIn this special episode, we welcome Principal Dan McNamara and Managing Director Catie McKee (aka the “Queen of Malls”) from MP Securitized Credit Partners. In what was dubbed “the next big short” by some, investors bought credit-default swaps against subordinate bonds in the CMBX 6 index, which has heavy concentrations of shopping mall and retail loans. Catie and Dan are well known for their bet against CMBX 6 and discuss the strategy and execution behind shorting U.S. malls.
Episode Notes:
The strategy behind shorting U.S. malls and CMBX 6 (2:05)
Performance expectations (9:36)
Systemic risk in CMBX (13:17)
Retailers that may survive the carnage (15:30)
The art...2020-06-0831 min
PerspectivesEpisode 12: US Support for SecuritizationSecuritized products have been a major focus for investors, and the Fed, during this crisis, just as they were in 2008. How has this market reacted to Washington’s moves this time around? And what is it telling us about what to expect going forward? We speak with David Zhang, MSCI’s head of research on securitized products..2020-06-0410 min
Macro VoicesSpotlight #3 Scott Lynn: Securitized Investment in Fine ArtFine Art investing expert Scott Lynn, founder of Masterworks.io joins Erik Townsend for an in-depth discussion of fine art investing including the securitized approach to investing in blue chip classic artworks being pioneered by Masterworks.io
Link: https://bit.ly/2LBhXmM
2020-05-1827 min
ABS in Mind‘Not all retail is dead’ — Voya’s Goodson on CMBS, RMBS and consumer ABS, ep. 17For this episode of ABS in Mind, the team hosts Dave Goodson, head of securitized products at Voya Investment Management. Goodson provides an overview on attractive investment opportunities he sees in securitized products, specifically CMBS, RMBS and consumer ABS.2020-05-1826 minTHE NEIL GARFIELD SHOWCOVID-19 and Bailout of servicers along with tracing securitization proceedsWe will discuss on Today's Show how the recently enacted federal CARES ACT, otherwise known as the Coronavirus Relief Bill, has unsurprisingly been commandeered by Big Bank lobbyists to direct monies to mortgage servicers servicing securitized loans backed by Fannie Mae and Freddie Mac. Under the arrangement, servicers are directed to pay investors to the trusts for 4 months, then Fannie and Freddie through the stimulus money will pay the same investors for a period of 8 months after the 4 month period expires. Yet why would servicers be directing any monies to mortgage securitization certificate holders? The servicers are not a party...2020-04-2430 minTHE NEIL GARFIELD SHOWCOVID-19 and Bailout of servicers along with tracing securitization proceeds We will discuss on Today's Show how the recently enacted federal CARES ACT, otherwise known as the Coronavirus Relief Bill, has unsurprisingly been commandeered by Big Bank lobbyists to direct monies to mortgage servicers servicing securitized loans backed by Fannie Mae and Freddie Mac. Under the arrangement, servicers are directed to pay investors to the trusts for 4 months, then Fannie and Freddie through the stimulus money will pay the same investors for a period of 8 months after the 4 month period expires.
Yet why would servicers be directing any monies to mortgage securitization certificate holders? The servicers are not a party...2020-04-2431 min
The Sherman ShowS8 E8 Securitized Credit in 2020 ft. Andrew HsuAndrew Hsu, a DoubleLine Portfolio Manager who trades and constructs portfolios from nearly all major sectors of the securitized asset universe, explains on The Sherman Show the basics of this market and its revisions in the wake of the present ... Read More2020-04-1754 min
The Sherman ShowS8 E8 Securitized Credit in 2020 ft. Andrew HsuAndrew Hsu, a DoubleLine Portfolio Manager who trades and constructs portfolios from nearly all major sectors of the securitized asset universe, explains on The Sherman Show the basics of this market and its revisions in the wake of the present ... Read More
2020-04-1754 min
The Sherman Show™S8 E8 - Securitized Credit in 2020 ft. Andrew HsuAndrew Hsu, a DoubleLine Portfolio Manager who trades and constructs portfolios from nearly all major sectors of the securitized asset universe, explains on The Sherman Show the basics of this market and its revisions in the wake of the present economic crisis. In response to the economic shock of the government-ordered COVID 19 lockdowns, as Mr. Hsu explains, the Federal Reserve implemented asset purchases and other measures which supported not only investment-grade corporate bonds but in some cases below-IG corporate securities. Fed support of securitized assets, aka structured product, has been limited to bonds rated AAA, whether in Agency mortgage-backed securities...2020-04-1554 minTHE NEIL GARFIELD SHOWCSA uses and abuses in foreclosure litigation in 2020, plus RICO for Homeowners - CSA's, a type of security agreement typically central to the securitized loans of the mortgage meltdown era, are vulerable to being exposed as not capable of conveying title to the institutional 'holder of the debt' behind so many securitized loans. Bill will break this down and out on the Show today, using his own case as a reference point.
- Then we cover RICO principles and how arguments of collusion and conspiracy can be used by homeowners to advance their legal rights against the institutional parties foreclosing on them, using the Florida case of Churruca v. Miami Jai-Alai, Inc., as...2020-01-3131 minTHE NEIL GARFIELD SHOWCSA uses and abuses in foreclosure litigation in 2020, plus RICO for Homeowners- CSA's, a type of security agreement typically central to the securitized loans of the mortgage meltdown era, are vulerable to being exposed as not capable of conveying title to the institutional 'holder of the debt' behind so many securitized loans. Bill will break this down and out on the Show today, using his own case as a reference point. - Then we cover RICO principles and how arguments of collusion and conspiracy can be used by homeowners to advance their legal rights against the institutional parties foreclosing on them, using the Florida case of Churruca v. Miami Jai-Alai, Inc., as a...2020-01-3130 minTHE NEIL GARFIELD SHOWDiscovery on Defendants Well Applied in a California LawsuitToday we discsus on the Show the California case of Bienfeld, et al. v. Ditech Financial, LLC, et al. This case involves as a Defendant Bank of New York Mellon (BNYM), the purported Trustee of a securitized trust at the heart of the lawsuit. While Ditech itself is in bankruptcy protection in a Chapter 11 in New York State, its co-defendant here BNYM is not covered by any potential bk automatic stay.
A pending motion for summary judgment has been continued as the Judge here has partially sided with Plaintiffs to compel Defendant BNYM to provide further and genuine responses to th...2019-09-2031 min
The Social Impact Podcast - Your Mark on the World with Devin ThorpeHow Blockchain Technology Will Improve Securities Markets - #1053Never miss another interview! Join Devin here: http://bit.ly/joindevin.
Read the full Forbes article and watch the interview here: http://bit.ly/devin1053.
Much of the attention the blockchain and cryptocurrency markets received in 2017 and 2018 as waned as Bitcoin’s price has fallen about 75% from its peak. One area within the space that is growing in favor despite the broader negativity is securitized tokens.
In this case, the word securitized refers to turning blockchain tokens into legally compliant securities rather than, as some of us with finance experience would naturally infer, a bundling of assets (or tokens) to be...2019-01-1832 min
Superpowers for Good: Empowering Changemakers for Social Impact via Regulated Investment Crowdfunding from the SuperCrowd.How Blockchain Technology Will Improve Securities Markets - #1053Never miss another interview! Join Devin here: http://bit.ly/joindevin.Read the full Forbes article and watch the interview here: http://bit.ly/devin1053.Much of the attention the blockchain and cryptocurrency markets received in 2017 and 2018 as waned as Bitcoin’s price has fallen about 75% from its peak. One area within the space that is growing in favor despite the broader negativity is securitized tokens.In this case, the word securitized refers to turning blockchain tokens into legally compliant securities rather than, as some of us with finance experience would naturally infer, a...2019-01-1832 min
Creating Wealth Show Archives 1-300CW 276: Securitized Rentals and A Potential Lost Decade for America’s Middle ClassJason Hartman talks with one of his Investment Counselors, Steve, about a Naked Capitalism blog post on the new real estate train wreck in securitized rentals. Wall Street’s newest “innovation” based on rental income. Will this be another Wall Street scam like the pools of subprime mortgages, auction rate securities, derivatives or numerous other products that were misrepresented to investors. Next up, a discussion of the ‘lost decade’ for the American middle class based on a Newser article and some talk about the investor-driven recovery in real estate.2016-12-3142 min
Creating Wealth Show Archives 301-600CW 576 FBF – SECURITIZED RENTALS AND A POTENTIAL LOST DECADE FOR AMERICA’S MIDDLE CLASSOriginally aired as CW 276 Jason Hartman talks with one of his Investment Counselors, Steve, about a Naked Capitalism blog post on the new real estate train wreck in securitized rentals. Wall Street’s newest “innovation” based on rental income. Will this be another Wall Street scam like the pools of subprime mortgages, auction rate securities, derivatives or numerous other products that were misrepresented to investors. Next up, a discussion of the ‘lost decade’ for the American middle class based on a Newser article and some talk about the investor-driven recovery in real estate.2016-11-2343 minTHE NEIL GARFIELD SHOWThe Illusion of WaMu to JPMC Loan AssumptionsMortgage Fraud Investigator Bill Paatalo and Southern California Attorney Charles Marshall join Attorney Neil Garfield to discuss Loan Modification Fraud, and recent foreclosure trends.
Bill Paatalo has discovered recently that WaMu loans claimed to be owned by JPMorgan Chase, through the “Purchase & Assumption Agreement” with the FDIC, were in fact sold by WaMu to “Private Investor – AO1” prior to the FDIC’s Receivership.
JPMC claims to own these WaMu loans to which there is also no record of the sales and transfer histories of the loans-even within their servicing platform. It is likely that WaMu sold and securitized the loan(s) prior to S...2016-11-1846 min
The Gallant Goose & FriendsEPISODE31 - KEN DOST - #3 of 3 MERS & USPTO Copyrights & PatentsQ&A Mortgage Foreclosure Defense & Attack strategies and related homeowner topics- Q&A Mortgage Foreclosure Defense & Attack strategies and related homeowner topics -AN INTERVIEW WITH MERS PATENT RESEARCHER & CONSUMER ACTIVIST, KEN DOST How the Banks Created -MERS-LIN the Magician- to Make Your House Disappear! (Pay No Attention to the Man Behind the CLOSING!) We welcome our Special Guest, MERS Patent Researcher Ken Dost. Ken is just back from a whirlwind trip in Florida where he conducted meetings and seminars to educate and form alliances for the development of mass joinder court actions to help homeowners caught in the illusion of...2016-04-2800 minThe Gallant Goose & FriendsEPISODE28 - KEN DOST - #2 of 3 MERS & USPTO-(w/cameo by Dr. Bob Lock)Q&A Mortgage Foreclosure Defense & Attack strategies and related homeowner topics- Q&A Mortgage Foreclosure Defense & Attack strategies and related homeowner topics -AN INTERVIEW WITH MERS PATENT RESEARCHER & CONSUMER ACTIVIST, KEN DOST How the Banks Created -MERS-LIN the Magician- to Make Your House Disappear! (Pay No Attention to the Man Behind the CLOSING!) We welcome our Special Guest, MERS Patent Researcher Ken Dost. Ken is just back from a whirlwind trip in Florida where he conducted meetings and seminars to educate and form alliances for the development of mass joinder court actions to help homeowners caught in the illusion of...2016-04-0700 minThe Gallant Goose & FriendsEPISODE23 - KEN DOST - Part 1 of 3 MERS & USPTOQ&A Mortgage Foreclosure Defense & Attack strategies and related homeowner topics -AN INTERVIEW WITH MERS PATENT RESEARCHER & CONSUMER ACTIVIST, KEN DOST How the Banks Created -MERS-LIN the Magician- to Make Your House Disappear! (Pay No Attention to the Man Behind the CLOSING!) We welcome our Special Guest, MERS Patent Researcher Ken Dost. Ken is just back from a whirlwind trip in Florida where he conducted meetings and seminars to educate and form alliances for the development of mass joinder court actions to help homeowners caught in the illusion of Notes & Mortgages. Ken-s research has uncovered some aspects of -what really...2016-03-0300 min