The Business of Mortgage Risk: David Finkelstein on Capital, MSRs, and the Next Cycle
In this episode of Powerhouse, Diego Sanchez interviews David Finkelstein, CEO of Annaly Capital Management. They discuss the company's position as a leading mortgage real estate investment trust (REIT), its growth strategy, and the importance of subservicing partnerships. David shares insights on the current mortgage rate environment, the challenges faced by the Federal Reserve, and the future outlook for the housing market.
Here’s a glimpse of what you’ll learn:
Annaly Capital Management is the largest mortgage REIT.
The company has $15 billion in permanent capital allocated to housing…
The skinny
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