For 2022, we expect a modest downtick for bonds but an uptick for loans, with both rate posting defaults rates of 4.5%
Category: Insights
2021 U.S. Housing Outlook
While the need to shelter in place obviously fueled housing demand, the quick and aggressive policy response of the Fed played a big role too.
2020 Milken Institute Global Conference
Pretium Founder and CEO, Don Mullen participated in the discussion “Credit is a Cycle: Finding Opportunity in Turmoil” alongside other industry experts at the 2020 Milken Institute Global Conference.
Creditflux Q3 Credit Rendezvous
Pretium Portfolio Manager, Roberta Goss, was featured in the Creditflux quarterly report where she explained why opportunities in credit and loans are currently unparalleled.
Pretium 2020 Mid-Year Housing Outlook
Pretium 2020 Mid-Year Housing Outlook
2020 Credit Outlook
We believe a meaningful, multi-year increase in leveraged credit market distress has begun and expect defaults and losses to increase through 2021.
2020 U.S. Housing Market Outlook
We believe the single-family rental sector is well positioned to capitalize on the structural imbalances in residential real estate.
Deephaven and Selene Complete Residential Credit Ecosystem
Vertical Integration Key to Generating Long-Term Outsized Returns
Residential Credit: Deleveraging and Regulatory Changes Provide Opportunity
Over the past 10 years, U.S. households have significantly de-levered and de-risked their balance sheets, standing in sharp contrast to the incremental leverage and risk added by U.S. corporate borrowers and the federal government.
Non-Qualifying Mortgages: Introduction and Investment Considerations
Post-crisis mortgage regulation created two classes of mortgage loans, “qualified mortgages” and “non-qualified mortgages,” based on certain loan characteristics including income verification and debt to income ratios.