Capital Markets Today

IMN NPL Mortgage Notes Forum is being held on February 7th and 8th in Fort Lauderdale.  Listeners of the podcast can use code SP20 when registering for a 20% discount

One of the more notable trends in the mortgage servicing business is the continuous growth of non-bank servicers.  Non-bank servicers pursue efforts to expand their servicing business through portfolio purchases and consolidation. Just this month, Mr. Cooper announced the acquisition of Seterus Mortgage Servicing adding over 300,000 customers to its platform.

Joining the podcast to discuss the NPL servicing business is John Dunnery, Vice President of Government Loan Servicing at Bayview Loan Servicing.  Bayview is a nationwide servicer of both residential and commercial mortgage loans.

IMN NPL Mortgage Notes Forum, February 7th and 8th in Fort Lauderdale.  Listeners of the podcast can use code SP20 when registering for a 20% discount

The U.S. housing market will continue to face headwinds that likely will grow in strength according to seven leading housing economists interviewed by Think Realty’s Housing News Report for their annual housing outlook.

Home affordability challenges exacerbated by rising mortgage rates will slow home price appreciation in 2019 to the low single digits.  In addition, a slowing economy and inflated equity markets could further weaken demand for housing

Joining the podcast to discuss the investment landscape in 2019 is Jay Tenebaum, Founder & Vice President at AZP Capital.  AZP Capital is a real estate investment firm specializing in acquiring assets nationwide. Jay is also Editor in Chief of the US Real Estate Journal, an online publication covering all facets of real estate for investors.

IMN NPL/RPL Notes Forum, February 7th and 8th in Fort Lauderdale.  Listeners of the podcast can use code SP20 when registering for a 20% discount

According to a recent article in the Wall Street Journal, unconventional loans are on the rise.  Credit agency DBRS has predicted a comeback for these loans as lenders try to boost business which has stalled due to increasing interest rates, home prices and a shortage of inventory.

The Wall Street Journal indicated non-prime loans could bring renewed risks to the housing market as an increasing number of traditional mortgage lenders look to non-QM loans to shore up profits in a tough mortgage market.

Joining the podcast to discuss distressed real estate and mortgage assets is Robert Napolitano, Principal and Fund Manager at Global Realty Investor Trust.  Global Realty Investor Trust’s investment strategy is designed to capitalize on a variety of distressed real estate related assets nationwide.

IMN NPL Mortgage Notes Forum is being held on February 7th and 8th in Fort Lauderdale. Listeners of the podcast can use code SP20 when registering for a 20% discount

According to the latest data report from the S&P/Experian Consumer Credit Default Indices, First mortgage default rate rose from November to December in 2018.  In addition to raising default rates, the housing sector is pressured by rising prices and higher mortgage rates. Sales of both new and existing homes are weakening.

Joining the podcast to discuss the changing economic environment and to provide color on the NPL market is Cody Faller, President of Faller Financial.  Cody has worked with many of the most sophisticated real estate and note operators in the country. Since 2011, Cody has personally facilitated and/or purchased over $150 million in residential notes across roughly two hundred transactions under the Faller Financial brand.

Welcome to Capital Markets Today, and the IMN NPL Mortgage Notes Forum podcast.  The forum is being held on February 7th and 8th in Fort Lauderdale, listeners of the podcast can use code SP20 when registering for a 20% discount

According to many experts, housing could be heading for its worst year since the last housing crash as predictions of home sales continue on a downward trend for the next 12-plus months. In addition, talks of a possible recession looms as equity markets remain unstable.

NPL/RPL investors are gearing up for a brisk year of trading as uncertainty about the economy and housing remain in the headlines.

Joining the podcast today to discuss buying and managing NPLs is Nathan Turner, known as the Canadian Note Guy.  Nathan started his business in Canada but shifted to the U.S. and has grown his portfolio substantially over the past few years.

According to the Real Estate Roundtable’s Q4 2018 Economic Sentiment Index released just a few days ago, Commercial Real Estate executives continue to see strong and balanced market conditions for the remainder of 2018 and moving forward into the new year.

It was noted that supply and demand in major markets are essentially in balance, and access to debt and equity remains strong.

Concerns do exist about interest rate and construction cost increases, as well as labor shortages.  However, these concerns have not yet caused significant market disruption

Joining the podcast today to discuss the CRE market is Gary Mozer, Principal & Co-Founder of George Smith Partners, a leading national real estate capital advisory firm.  Gary has arranged in excess of $30 billion of debt and equity financing for a broad array of real estate transactions. 

NoteExpo, November 2nd and 3rd, Dallas Tx. - www.noteexpo.com

Today, Fannie Mae announced the winning bidder for its fourteenth Community Impact Pool of non-performing loans. The transaction is expected to close on December 18, 2018 and includes approximately 66 loans totaling $22.9 million in unpaid principal balance; the loans are geographically focused in the New York City area.

The winning bidder was VWH Capital Management, a minority woman owned business.  The cover bid, which is the second highest bid, for the Community Impact Pool was 90.0% of UPB or 48% of the home value.

Joining the podcast today to discuss the acquisition of NPLs and REO is Fuquan Bilal, CEO of NNG Capital Fund.  Fuquan heads up a multi-million-dollar alternative investment fund that Primarily invest in Real Estate Notes and REO's 

NoteExpo, November 2nd & 3rd, Dallas TX - www.noteexpo.com

Headlines about 600-point drops in the Dow Jones industrial average and pessimistic pundits predicting more declines have become more frequent in October. The three main descriptions of down markets are: a "pullback," or drop of 5 percent to 9.99 percent; a "correction," a decline of 10 percent to 19.99 percent; and the "bear market," or 20-percent-plus drop

Joining the podcast to discuss alternative investment strategies is Ryan Parson, Chief Investment Officer at Heritage Capital USA.  Ryan focus on working with accredited   investors seeking exclusive capital placement option that provides diversification, capital preservation, and passive income while teaching exclusive wealth strategies to be successful in today’s complex market.

The NoteExpo, November 2nd & 3rd, Dallas TX - www.noteexpo.com

Several influential analysts predict a current bubble and near-term crash that could boost the NPL markets.  The argument is that wealth that outpaces economic growth is artificial and unsustainable.  The last two times the share of household wealth growth exceeded GDP was during the late 1990’s dot-com bubble and the mid-2000 housing bubble.  Currently, household wealth as a share of nominal GDP is running at 505%, vs 473% in the housing bubble peak and 429% in the dot-com bust.

The primary driver of the current bubble are common stocks and housing prices, both large contributors to middle class wealth.  The argument continues in that the Fed will put the breaks on the economy by increasing interest rates and tightening monetary policy which will start the downward spiral.  Just last week, the federal reserve unanimously backed an increase in interest rates over president Trump’s objection.

Joining the podcast to discuss the NPL market is Cody Faller, President of Faller Financial.  Cody has worked with many of the most sophisticated real estate and note operators in the country. Since 2011, Cody has personally facilitated and/or purchased over $150 million in residential notes across roughly two hundred transactions under the Faller Financial brand.

NoteExpo, November 2nd & 3rd, Dallas TX - www.noteexpo.com

There are several real estate strategies that can boost your retirement income. They include real estate investment trusts, purchasing mortgage notes, rental-property purchases and shares in crowdfunding ventures that fix and flip houses or buy commercial property. 

Joining the podcast to discuss using real estate to boost retirement levels is David Phelps.  David, who formally ran his own dental practice, now manages his real estate investments and develops passive cash flow via real estate and mortgage note acquisitions.  David is also a nationally recognized speaker and author.