John Toohig

Head of Whole Loan Trading on the Raymond James Whole Loan Desk and President of Raymond James Mortgage Company.

[John Toohig @RJWholeLoans]

A weekly newsletter on what's trading and trending in the banking and loan market as seen by the chatter from the Raymond James whole loan desk. #loans #banking #creditunions #credit #markets #trading
https://t.co/4qEMNk4tYt

[John Toohig @RJWholeLoans]

Podcast. Looking for a conversation surrounding commercial real estate? Give @TreppWire podcast a listen. Hosted by Lonnie Hendry, CRE and Hayley Keen we had a good discussion about the lending markets. We covered not only commercial real estate but also consumer lending and banking in general. I hope you enjoy the discussion and my thanks to the Trepp, Inc. team for thinking of us here at @RaymondJames.

Apple: https://t.co/uIXTSVEZnh

Spotify: https://t.co/VXWipKIO2I

https://t.co/cTif2ARERg

[John Toohig @RJWholeLoans]

@DiMartinoBooth @TheBondFreak Only 38mm in assets. But this won’t be the last one. There will be more of this.

[John Toohig @RJWholeLoans]

@Markzandi - this was a real treat. Getting to introduce Mark at our @RaymondJames fixed income national conference in Atlanta. My thanks to @Moodys and Mark for speaking with our clients.

[John Toohig @RJWholeLoans]

Mortgages. What's the impact on the housing market at 7.5% coupons? Perhaps FNMA is a good barometer.
"FNMA struggled with single-family loan purchase volume in the seasonally weak Q1, when it fell to depths not seen since Q3 of 2000"
https://t.co/7m3pDnQFtq

[Randy Woodward @TheBondFreak]

@RJWholeLoans

https://t.co/lZpOdNMFuH

[John Toohig @RJWholeLoans]

Thanks @TheBondFreak, @JackFarley96

This link should get you there:

https://t.co/sFw1dTdAiD

Happy New Year! Thanks for all you do!

[John Toohig @RJWholeLoans]

@TheBondFreak We’ve got a new one now @TheBondFreak. “Stay and pray”.

[John Toohig @RJWholeLoans]

@JackFarley96 @StreetTalkpod Trying to find the pictures of this @JackFarley96 - quick internet search turned this up. https://t.co/uN7TIzaTFx

[John Toohig @RJWholeLoans]

"Fortunately, the bond market still possesses some short-term stabilisers"

"it’s important to note that their resilience should not be taken for granted. No matter how you look at it, the world’s most crucial benchmark market is on an unpredictable journey"

[John Toohig @RJWholeLoans]

Rates. A concerning article in the Financial Times by Mohamed El-Erian.

"The US bond market is losing its strategic footing, whether in economics, policy, or technical aspects"
https://t.co/x0T2tvFICg

[John Toohig @RJWholeLoans]

"A significant portion of the large domestic institutional investor base, such as pension funds and insurance companies, already holds substantial quantities of bonds at large mark-to-market losses"

[Dodd Frank Update @DoddFrankUpdate]

Discussing the market impacts of the proposed Basel III capital rules on the lending ecosystem are John Toohig with @RJWholeLoans, Becky Crain with Regions Mortgage, Kurt Johnson with @MrCooper and Jay Plum with @FifthThird. #MBAAnnual23

[John Toohig @RJWholeLoans]

"If congressional dysfunction spreads further, and if the Fed continues to drag its feet on changing key underpinnings of its policy formulation, the turn in US economic surprises will not be pleasant for either the domestic economy or the rest of the world"

#recession #economy

[John Toohig @RJWholeLoans]

Recession watch. Mohamed El-Erian has been one of the economists I've most closely followed throughout the pandemic. He's been right about higher for longer. So when I see a headline that says he thinks we can't avoid a recession, I read it. See below.
https://t.co/9rv6dPd30O

[John Toohig @RJWholeLoans]

"For well over a yr now, I have argued that the US is able to avoid the 23 recession that many were repeatedly calling. I am now less confident about what’s in store for 24 given how the recent surge in rates compounds the erosion in financial, human and institutional resilience"