This week, the Trump administration announced it would sell around 5% of mortgage giants and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The sale would begin to reintroduce the two firms to private markets after 17 years of government conservatorship. The decision to re-privatize two of the largest mortgage firms in the world, and a p ... Show More
Jan 22
Can We Build a Middle Class Without Factories? - ft. Dani Rodrik
Is the era of manufacturing-led growth officially over? For decades, the path to a stable middle class was paved through industrialization, but today, even manufacturing giants like China are losing millions of factory jobs to automation.In this episode, Bethany McLean and Luigi ... Show More
41m 36s
Jul 2024
What do mortgage lenders think of the new govt’s housing policies?
FT Adviser's Chloe Cheung speaks to Kate Davies, executive director of the Intermediary Mortgage Lenders Association, and Ross Dalzell, managing director of property at Aldermore about Labour's housing plans, what lenders think of these policies, and why IMLA has urged the govern ... Show More
33m 44s
Jun 2023
The Music Is About To Stop: John Toohig & Randy Woodward on Bank Lending, Deflation, and Secondary Loan Liquidity
Today, Jack speaks with two veteran bankers about bank lending, a key engine of the real economy, and where it is headed. John Toohig, Head of Whole Loan Trading at Raymond James, and Randy Woodward, managing director at Raymond James, join Forward Guidance to share how the rapid ... Show More
1h 19m
Jun 2025
Trump’s push to privatise Fannie and Freddie
Elon Musk’s xAI is launching a $300mn share sale that values the group at $113bn, and China’s property sector woes are compounded by tariff worries. Plus, Poland’s new president is going to make life hard for the country’s prime minister, and the FT’s Amelia Pollard explains why ... Show More
11 m
Jul 2025
France In ‘Mortal Danger’, Ring-Fencing Shake Up, Prime Brokerage Rush
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French Prime Minister Francois Bayrou proposed scrapping two national holidays, part of a drastic effort to repair public finances that’s set to unleash a parliamentary backlash in the fal ... Show More
19m 14s
Jun 2024
Oh Sh*t, AAA Debt Is Starting to Fail Again...
<p>Another CRE securitized structure is reportedly causing losses for its top tier, this one in another country and from a different corner of the real estate market. This matches recent reports that big banks are quietly beginning to sell their seniors in the space. Moreover, US ... Show More
19m 47s
Aug 2024
The Hottest Way for Banks to Get Risk Off Their Balance Sheets
Synthetic risk transfers, in which banks purchase insurance-like protection on some of their loans, is a growing market on Wall Street, with billions worth of deals made in the US last year. But of course, anything with the words "synthetic" and "risk transfer" is probably going ... Show More
52m 16s
Mar 2024
VREP #411 | A How-to Guide for Navigating the 2024 Mortgage Market with Alex Mcfadyen
Let’s face it - navigating the last few years of interest rate hikes in the mortgage market has not been easy. But, as the Bank of Canada gets inflation under control, and we start to see real opportunities in the real estate market, it’s time to strategize around financing and c ... Show More
1h 3m
Aug 2024
US Election: The American housing dream
As prices for homes and rents continue to rise in many towns and cities, it's one of the key issues for voters.In 2023 the average price of a home in the United States was $495,100, six per cent higher than a year earlier, though the signs are prices may now be starting to fall. ... Show More
17m 32s