Big Short - Real Estate Investor Pulse

A hidden time bomb? A ‘Big Short’ investor sees financial disaster brewing in housing markets

April 7, 2023 Mark Paul Cervantes Comments Off

More than a decade after a U.S. mortgage meltdown threatened to destroy the international financial system, a “Big Short” investor once again sees financial disaster brewing in the real estate market. Dave Burt, CEO of […]

‘Big Short’ investor Michael Burry brushes off the latest US banking crisis: ‘I am not seeing true danger here’

March 15, 2023 Mark Paul Cervantes Comments Off

Michael Burry, the legendary investor who called the 2008 housing market crash, dismissed concerns around the financial turmoil caused by Silicon Valley Bank’s demise. “This crisis could resolve very quickly. I’m not seeing true danger […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]