Mortgage-backed securities usually get hit particularly hard by unexpected changes in interest rates. That sensitivity is known as negative convexity, but it’s all but disappeared for now, because home loan rates have surged and most homeowners...
The proportion of U.S. banks tightening terms on loans for medium and large businesses and for commercial real estate rose last quarter to levels usually seen during recessions, according to a Fed survey of lending officers released earlier this...
With lenders becoming more conservative, opportunities have emerged in the capital stack for investors willing to shoulder added risk.
RV parks have grown in popularity with consumers during the pandemic. Investors have noticed the trend.
