Happy Inauguration Day (I hope).
Every turning of the year makes for a convenient point to look backwards, and of course, forward, but this year seems to actually denote some sort of inflection point and, as a card-carrying member of
Rick Jones
Crunched Everything is a blog authored by Rick Jones, a recognized practitioner in capital markets and securitization with extensive experience in commercial real estate finance. The blog provides expert commentary and insights on topics such as commercial real estate capital markets, securitization structures, regulatory developments, and economic factors influencing mortgage finance. It reflects Jones's professional perspective, drawing on his leadership roles in industry organizations and his active involvement in policy advisory committees. The content often addresses market trends, risk considerations, and the impact of government fiscal policies on interest rates and capital markets.
Latest from Rick Jones - Page 11
LIBOR: They Blinked!
My, my, my! Another governmental red line looks to be breached; at least this time no one gets hurt. We, at CrunchedCredit, have in some sense been carrying the government’s water about LIBOR transitions. We have been talking about how…
Rick Jones Named to Mortgage Bankers Associations’ Commercial Real Estate/Multifamily Finance Board of Governors
We’re happy to share some exciting news as Crunched Credit’s very own Rick Jones has been named as a newly elected member of the Mortgage Bankers Association’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG). COMBOG drives Mortgage Bankers Association’s…
2020 Golden Turkey Awards
By Rick Jones
So, once again, time for Dechert’s acclaimed (at least by us) Annual Golden Turkey Awards. It is rather a difficult time for comedy; we are in the throes of a completely unfunny pandemic. Sitting down to finalize this year’s…
Inexorably SOFR…But Hang On!
By Rick Jones
Timing is everything. I published a piece two weeks ago on LIBOR transition to SOFR and suggested that folks get on with it and embrace this flawed but seemingly inevitable new SOFR index. Writing that piece, I thought of as…
LIBORcast: A Conversation with David Bowman, Federal Reserve Board
Since nothing is happening in the news right now, we thought we would put out a second post on LIBOR this week. As you may know, Dechert has a LIBOR podcast which you can find on our YouTube page.…
It’s Time to Initiate a SOFR Loan…Or Maybe Not
By Rick Jones
I wrote back in the early days of 2020, or as we call it now, the “Time Before,” that we thought it made sense for key market participants to consider an early move to SOFR pricing, not just as…
Inflection Point? How Much Change Are We Really Facing?
By Rick Jones
I am trying to figure out how much I care, as a businessman (as opposed to an actual living, breathing human being), about the chaos swirling around us. Every day’s news seems more the stuff of a dramatic conceit of…
CMBS On The Perp Walk: We Are Being Set Up!
By Rick Jones
Folks, last week I made the point that it’s extremely important to confront negative narratives about our industry before they take hold, creep into the interstices between things that are true and then somehow ossified into received wisdom. So, taking…
LIBORCast: Interest Rate Caps, Derivatives and Value Transfer with Chatham Financial
In the fourth installment of our new LIBORcast program, Matthew Hays and Jonathan Gaynor discussed interest rate caps, derivatives and value transfer with Chatham Financial’s Rob Mangrelli and Matt Hoffman. Tune in to hear about the cost of a SOFR…