Hidden Mortgage Market Shifts Are Creating Opportunities | Matt Jozoff of Trevally Capital - Monetary Matters with Jack Farley

Om avsnittet

Matt Jozoff, co-CEO, Portfolio Manager, and Head of Macro Research at Trevally Capital joins Other People’s Money, to discuss how trends like the growth in the Ginnie Mae market, low credit borrowers and non-bank originators, and other factors are affecting mortgage prepayments and creating opportunities in the mortgage market for firms like Trevally Capital. He also discusses how Trevally Capital is looking to extract alpha from these opportunities and build a world-class institutional asset manager with the backing of partners like The Raptor Group and Seaport Global Securities.

Learn more about Trevally Capital: https://www.trevallycapital.com/

Follow Max on X: https://x.com/maxwiethe

Follow Other People’s Money on:

Apple Podcast https://bit.ly/4e7QJ1M

Spotify https://bit.ly/3Yhaazi

YouTube https://bit.ly/3C63VXR

X https://x.com/opmpod

Timestamps

00:00 Intro

01:33 Post-Tariff Fixed Income Market Update

06:49 Recent Mortgage Market Developments

10:45 Ginnie Mae Mortgages

12:04 Not Calling For Another Mortgage Crisis

13:42 Nobody Can Afford Refinancing

17:24 Trump Admin and Fannie & Freddie

21:08 Factors Affecting Mortgage Prepayments

28:27 Day one Institutional Quality

34:53 Prepayments Part II

39:04 Importance of Seed Investors like Raptor & Seaport Global

42:07 Hedge Fund Seed Investing is Venture Capital

43:55 Peers & Competitors in the Mortgage Market

49:36 Physics & Cincinnati Connection

Hidden Mortgage Market Shifts Are Creating Opportunities | Matt Jozoff of Trevally Capital

Om avsnittet

Fler avsnitt

The Case for Public Markets | Cromwell Coulson on Small-Cap Capital Formation, Disclosure, and SEC Offering Reform

Too Much Compute: Why This Top Hedge Fund Manager Believes AI is Heading for a Massive Oversupply | David Orr

Structural Flows Will Support Stocks Until the U.S. Treasury Crisis in 2027 | Cem Karsan & Noel Smith | Kai Asset Management

Following the Private Credit Loan Books | Laks Ganapathi

Why This Short Seller Doesn’t Want to Short the AI Bubble | Russell Clark

Growth Expectations Are Probably Too High | Andy Constan on Post-Midterms Macro View, Bond Supply Issue, and QRA (Quarterly Refunding Announcement)

Preparing For 2027 Inflection in Global Liquidity | Michael Howell’s Bull Case For Bonds and Tepid View of Liquidity-Sensitive Assets

The Fed Better Have AI's Back Or There Will Be Problems | Dan Krausz on “Liquidity Trap Door” In AI Infrastructure and Why Policymakers Are Inclined to Support Financial Conditions

Why Compute Prices Are Still Rising | Steve Hou of Silicon Data on GPU Rental Indices, Fed Meeting, and Anthropic S-1 (LIVE)

The Fed Put Is Dead: Why Stagflation & a Bear Market Are Next | Vincent Deluard | StoneX