Ep. 9 Why Invest in Mortgage Investment Corporations?
Welcome to the My Private Network Podcast!
Are you interested in learning more about private market investing concepts and the opportunities available to you as an investor?
Hosted by Bob Simpson, today we shift the focus to answering the question Why Invest in Mortgage Investment Corporations?. Learn the answer to this question and more from:
Director and Portfolio Manager
Today's questions of interest:
4:03 Where were you back 50 years ago and what has led you to join in on Mortgage Investment Corporation work?
6:28 Who borrows from private lenders? If they need a mortgage, why don't they just go to the bank?
9:43 What does a typical mortgage in your portfolio look like?
11:09 Your portfolio is quite broad with 2000 plus mortgage range, right? Where are you now and what's your latest number?
12:46 borrowers going through a rough patch, tell us how you work with them and what differs from you and a bank?
15:43 Can you talk about secured lending as opposed to unsecured lending?
16:35 We're reading reports that banks are having major write offs right now, could you touch on that?
19:45 Private lending often has periods of minimum holding periods. They have early redemption penalties. In your case, how are you different?
21:57 How long is your typical mortgage and could you explain the mortgage market?
22:33 Have you had over the last 30 years, how many negative months?
24:34 What is you fund's current return rate and how does that compare to what the returns would have been over the last couple of years? Tell us about music royalties and how you generate revenue through music?
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