Interest Only Securities

topic on 1 show · 1 statements across 1 episodes

Capital Allocators

1 statements about Interest Only Securities, every show

Lippmann: Pairing interest-only CMBS with credit-sensitive bonds creates internal hedges
“One interesting trait to do in commercial mortgages is to buy interest-only securities, where if there's a delay in the refinancing of a property, the value of those soars, because they only get interest, and as soon as the property is refinanced, they're shut…”
Greg Lippmann Sep 12, 2022 ▶ 37:37 Greg Lippmann – The Big Short and Structured Credit at LibreMax (Capital Allocators, EP.270)

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