Pensford's Weekly Update!
Pensford
Financial Services
Charlotte, North Carolina 1,059 followers
The Interest Rate People
About us
Pensford was formed in April 2009 with the intent of leveling the playing field for derivatives between borrowers and banks. Founded by experienced derivative professionals, Pensford brings the same expertise the bank has representing it to the borrower’s side of the table. Since its inception in 2009, Pensford has helped execute over $100 Billion in derivative transactions, all at substantial savings to borrowers. We are sensitive to the relationship between borrower and lender and we will never jeopardize that. Pensford maintains very good working relationships with all banks. We provide insight, suggestions, and transparency to every transaction, but at all times our clients are in control of the negotiation process. We do not direct business away from the lender; we simply ensure that our clients receive a fair and transparent deal. Pensford specializes in: New swaps and modifications Interest rate cap auctions Negotiating ISDA’s Terminating existing derivatives at par MTM and FAS 133/157 guidance Rate locks on permanent financing Defeasance Yield maintenance verification
- Website
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http://www.pensford.com
External link for Pensford
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Charlotte, North Carolina
- Type
- Privately Held
- Founded
- 2009
- Specialties
- Interest Rate Swaps, Swap Terminations, ISDA Negotiation, MTM and FAS 133/157, Interest Rate Caps, Cap Auctions, Defeasance, Yield Maintenance Verification, Swaptions, Rate Locks on Permanent Financing, and Interest Rate Derivative Products
Locations
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Primary
Get directions
1300 S Mint St
410
Charlotte, North Carolina 28203, US
Employees at Pensford
Updates
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On this episode of The Rate Guy, JP Conklin keeps it short and sweet. We’re prepping for Wednesday’s Meeting and breaking down 7 reasons why the Fed won’t go for a 50bps cut, despite market hopes. We’ll also touch on what you might want to do with caps ahead of the meeting. https://pod.fo/e/269b65
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In this week's episode of JP Conklin's podcast, The Rate Guy, they discuss why cutting rates to 3.25% might be the right move for the Fed. Fed Chair Powell recently stated at Jackson Hole, “We do not seek or welcome further cooling in labor market conditions,” which has huge implications for future rate cuts. With job gains averaging just 116k per month, they break down why the benchmark for job growth is 100k—not zero—and how that ties into the Fed’s decision-making. They also dive into research, like Indeed's Nick Bunker’s analysis on how much the labor market has already cooled (link in comments), and ask the key question: will cutting rates fast reaccelerate inflation? https://pod.fo/e/26759f
The Rate Guy: The Fed Should Cut to 3.25%
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On this episode of The Rate Guy, we discuss the latest inflation data, why the Fed will cut rates, regardless of what Friday's Jobs Report reveals and what may influence a 50bps cut instead of 25. We also address concerns about the economy heating up again when the Fed starts cutting and why that's not going to happen. https://pod.fo/e/265372
The Rate Guy: The Fed Is Cutting No Matter What NFP Says
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Pensford's Weekly Update and a link to register for the Q3 Interest Rate Webinar that you won't want to miss! https://lnkd.in/eZR3X3Sm
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Hedging Falling Rates As rate expectations change, so should your hedging strategy. Borrowers can face exposure to falling rates just like they can with rising rates. Click the link below for a few popular solutions for three common pain points in a falling rate environment. https://lnkd.in/eyJmDJ5m
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