Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

  • 00:36

    iServe Residential Lendings Capital Markets Update

    in Finance

    Brent Nyitray, Director of Capital Markets at iServe Residential Lending discusses relevant events impacting interest rates, equity markets and housing.  

  • 00:27

    Housing Reform - Nyitray, Director of Capital Markets at iServe Lending

    in Business

    Brent Nyitray, Director of Capital Markets at iServe Residential Lending joins the broadcast to discuss five possible elements of housing reform.  Legislation, Mel Watts, FOMC minutes and current homebuilder earnings are also examined.

  • 00:32

    Whole Loan Trading Trends - LeBlanc, MD-Capital Markets at DebtX

    in Finance

    Liquidity, compliance, transparency and leverage drive mortgage whole loan trading to higher volumes in 2013 into 2014 and beyond.


    David LeBlanc, Managing Director at DebtX, joins the broadcast to discuss whole loan trading trends.

  • 00:37

    Capital Raise For The Distressed NPL & RE Investor - Shetty, Tremony Capital

    in Finance

    According to a recent article published by Bloomberg, Oaktree Capital has raised $7 billion for a distressed debt fund as it prepares for the economic recovery to falter.


    For most investors, a capital raise the size of OakTree is simply out of the question.  However, there are still many opportunities in the NPL and distressed real estate space for middle lower market investors especially as FHA, FNMA and Freddie increase their NPL sales creating secondary markets for smaller investors.  Many middle and lower market funds are in active capital raise mode as we head into the 3rd and 4th quarter of the year.
     


    Joining the broadcast to discuss the capital raise process is Bina Shetty, Head of Strategic Advisory at Tremony Capital.


    Bina Shetty joined Tremony Capital, as the Head of Strategic Advisory with a mission to expand Tremony’s third-party strategic advisory capabilities for lower middle market financial institutions and real estate focused businesses. Prior to joining Tremony, Bina was a Managing Director at Milestone Advisors, a boutique investment bank that exclusively focused on middle markets financial services clients across the depository institution, distressed real estate, specialty finance and financial technology sectors. 

  • 00:31

    Reverse Home Equity Conversion Mortgages , Fontanilla, Madison Paige Capital

    in Finance

    The Home Equity Conversion Mortgage (HECM) is FHAs reverse mortgage program which enables you to withdraw some of the equity in your home. The borrower chooses how they want to withdraw their funds, whether in a fixed monthly amount or a line of credit or a combination of both. Borrowers can also use a Home Equity Conversion Mortgage to purchase a primary residence if the borrower is able to use cash on hand to pay the difference between the HECM proceeds and the sales price plus closing costs for the property that is being purchased.  


    As the demographics of the nation continues to trend towards older homeowners, this could be an area of high growth for mortgage originators and investors.


    Joining the broadcast to discuss Home Equity Conversion Mortgages is David Fontanilla, Founder and Managing Partner of Madison Paige Capital and Pioneer Analytics.  David has been involved in an array of residential mortgage capital markets activities, ranging from structuring, negotiating and executing portfolio Acquisitions, dispositions and securitizations to company acquisitions and public policy formulation.

  • 00:03

    Capital Deployment Opportunities - DiPalma, Garnett Capital Advisors

    in Finance

    Lou DiPalma, Managing Partner of Garnett Capital Advisors joins the broadcast to discuss capital deployment opportunities.


    Garnet Capital Advisors is a financial-services company specializing in managing loan portfolio sales and providing valuation services to banks and other credit grantors.


    DiPalma manages Garnet’s client-origination and portfolio-sales efforts. Lou’s asset brokerage experience includes credit cards, installment loans, mortgage and commercial loan products.   Lou has written for and been widely quoted in numerous industry publications including American Banker, The Financial Times (London), and Collections and Credit Risk. 


     

  • 00:31

    Capital Deployment Opportunities - DiPalma, Garnet Capital Advisors

    in Finance

    Lou DiPalma, Managing Partner of Garnet Capital Advisors joins the broadcast to discuss capital deployment opportunities.


    Garnet Capital Advisors is a financial-services company specializing in managing loan portfolio sales and providing valuation services to banks and other credit grantors.


    DiPalma manages Garnet’s client-origination and portfolio-sales efforts. Lou’s asset brokerage experience includes credit cards, installment loans, and mortgage and commercial loan products.   Lou has written for and been widely quoted in numerous industry publications including American Banker, The Financial Times (London), and Collections and Credit Risk. 

  • 00:34

    Raising Capital From Family Offices - Wilson, CEO Family Offices.com

    in Finance

    Richard Wilson founded The Family Offices Group six years ago and which has subsequently grown to be the largest association in the industry providing training, industry reports, and services to over 1,000 family offices around the globe.  Wilson is also the author of the The Family Office Book which can be found at Barnes & Noble and Amazon.com.  Wilson will discuss strategies for raising capital from Family Offices as well as new trends in co-investment, club deals and direct investments.

  • 00:33

    Distressed Real Estate Sales & Housing Trends – Rich Sharga - EVP, Auction.com

    in Finance

    According a recent Core Logic Report, Distressed sales—real estate-owned (REO) and short sales—accounted for 9.9 percent of total home sales nationally in May 2015, down 2.8 percentage points from May 2014. Distressed sales shares typically decrease month over month in May due to seasonal factors, and this distressed sales share was the lowest for the month of May since 2007 when it was 5 percent.


    Within the distressed category, REO sales accounted for 6.4 percent and short sales made up 3.5 percent of total home sales in May 2015. The REO sales share was the lowest since October 2007 when it was 6 percent. The short sales share fell below 4 percent in mid-2014 and has remained stable since then.


    The ongoing shift away from REO sales is a driver of improving home prices since bank-owned properties typically sell at a larger discount than short sales. There will always be some level of distress in the housing market, and by comparison, the pre-crisis share of distressed sales was traditionally about 2 percent. If the current year-over-year decrease in the distressed sales share continues, it would reach that “normal” 2-percent mark in mid-2018.


    Joining me today to discuss housing and mortgage trends Rick Sharga, Executive Vice President at Auction.com.  Since 2003, Rick has been an industry spokesman covering the US Housing Market, Mortgage Industry and Real Estate trends, Rick’s is a sought after speaker and has been featured on Bloomberg, CNBC, CNN, FOX Business, MSNBC and other radio and news outlets.


    Auction.com is the largest nationwide online auctioneer of real estate

  • 00:33

    Short Refinances, Everett - Cairn Advisors

    in Finance

    In November, FHA extended the principal reduction loan program for two more years.  The FHA short refinance program was first authorized by Congress in 2008 to assist non-FHA borrowers that are underwater. It has evolved over time and is now being extended through 2016.


    The short refinance is an under-utilized tool for investors who are looking to monetize their performing loans at a higher yield than a sale of the re-performing note.


    Joining the broadcast to discuss short refinances is Craig Everett, principal at Cairn Advisors.


    Craig has over 20 years’ experience in the mortgage industry in a variety of lending environments.  Craig’s previous positions include Vice President of Distressed Originations for Lime Financial/Credit Suisse and Founding Partner of Wealthbridge Mortgage a 50 state originator and special servicer. Craig has spent the last 5 years as principal of Cairn Advisors working in the distressed origination space where he has helped hedge funds, servicers and other clients maximize the return on their assets through unique loss mitigation strategies. 

  • 00:35

    Economy, Bond Market, Fed & Housing Update - Nyitray, iServe Lending

    in Finance

    According to the Financial Post, U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.


    The slowdown, which follows two back-to-back quarters of very strong growth, is likely to be short-lived given the enormous tailwind from lower gasoline prices. Most economists believe fundamentals in the United States are strong enough to cushion the blow on growth from weakening overseas economies.


    Even with the moderation in the fourth quarter, growth remained above the 2.5% pace, which is considered to be the economy’s potential. Economists had expected the economy to expand at a 3% rate in the fourth quarter


    Joining the broadcast to discuss the economy, bond prices, the Fed and housing is Brent Nyitray, Director of Capital Markets at iServe Residential Lending. 


    Brent is responsible for managing iServe’s origination pipeline and Ginnie Mae securitizations. Prior to iServe, was an analyst and trader at several hedge funds as well as ran the European Risk Arbitrage trading desk at Bear Stearns.  Brent is also the author of The Daily Tearsheet, a blog focused on the economy, financial markets and real estate.

Join Host Live Chats