Metacapital’s Narula on Mortgage Market Shakiness: Credit Crunch
The mortgage market may be on the brink of major transformation amid freshly implemented tariffs, proposed deregulation, and the potential privatization of Fannie Mae and Freddie Mac. In this episode of Credit Crunch, Bloomberg Intelligence’s Noel Hebert and Sam Geier are joined by Deepak Narula, Founder and Co-CIO of Metacapital Management, to explore emerging opportunities in the mortgage-backed securities (MBS) space. The discussion hits on the negative convexity profile for the asset class, prepayment impacts, stagflation scenarios, utilizing machine learning models, Fannie and Freddie going private and more.
