Why am I still shocked that bad news gets no respect these days? No, I’m serious. It seems it doesn’t really matter when business, political or economic news stinks up the joint. The gestalt teases out a good news narrative.
Just think about
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 5
Legal Opinions, So XX Century! A Modest Proposal
By Rick Jones
As I’m no longer compelled to talk my book (in fact, I actually don’t have a book), I can now talk critically about legal opinions. Not to bury the lede, but I am of the view that much of our transactional…
Hey Its the 4th of July! Upcoming Posts from Crunched Credit
By Rick Jones
Good morning readers. I am taking the week off so my next commentary will come out the following. Hey it’s a holiday week (and I retired from Dechert yesterday…) a terrific coda to a rainy weekend so a week off seems a proportional response!). Next week, it will be the flaws and basic silliness of legal…
The Entrepreneurial Lawyer (Or Banker[1])
By Rick Jones
I seem to be on a self-help kick here (maybe I’ve got interest rate PTSD and simply need to talk about something else). Last week I was pleading for a return of the in-person closing and now here I am bloviating…
Are We Partying for Perfection?
By Rick Jones
As I’m writing this, I’m getting ready to attend CREFC’s 30th New York City Annual Conference and bacchanal. Once again, we will enjoy the company of our confreres, we will network, we will get educated (yes, CREFC members do actually attend substantive…
In Defense of Closings Human-ware Style: Fixing Our Growing Lord of the Flies Problem
By Rick Jones
As many of you know, I am retiring from Dechert LLP but anticipate staying active in our industry in my advisory vehicle, Jackstay Investments, LLC. The firm has graciously given me the domain name CRUNCHEDCREDIT and hence, I will begin to resume publishing…
The Fed’s Conundrum: Godzilla vs. King Kong
By Rick Jones
It’s a good time for disaster movies…Civil War, The Day After Tomorrow, Armageddon and, of course, in the theatres right now, Godzilla vs. King Kong. Fun on the big screen, not so much in real life. Have you seen Godzilla vs. King Kong? A guilty…
How to Play It If Goldilocks Is in the House
By Rick Jones
I perhaps have a well-earned reputation for an excess of fascination for risks, downside, black swans and other things that prevent the good times from rolling. Lover of Schadenfreude. I hope not, but I do often feel compelled to point…
Could We Bring It All Down?
By Rick Jones
I’m going to tell you a story. This is the type of thing told around campfires designed to scare naïfs, who know too little, and PhDs who (think) they know too much. I don’t necessarily believe in the story, but…
Trading Is Not a Dirty Word (CRE CLO)
By Rick Jones
Trading Is Not a Dirty Word and Other Thoughts on a More Manageable CRE CLO
As we begin to reflate the CRE CLO business this year with shrinking spreads and hopefully shrinking SOFR, we need to think of this as…