Imperial Fund in the News

This new issuance followed A&D Mortgage's recent partnership with Atlas Merchant Capital and Imperial Fund Asset Management, formed to boost A&D’s non-QM mortgage securitization platform.

Victor Kuznetsov, managing director of Imperial Fund, the capital markets arm of non-QM RMBSissuer A&D Mortgages, told GlobalCapital that tailwinds did not depend on the outcome.
“The market is definitely flooded now compared to [election] week,” he said. “However, I don’t think there will be a much different trajectory for RMBS no matter who is elected.”

"High cost of living areas can deplete disposable income making it harder to save for retirement or invest in real estate,” said Yuri Nosenko a wealth adviser at Hollywood-based Imperial Fund Asset Management.

So long as many Americans continue to go independent and start their own small businesses rather than work for massive multi-national conglomerates, non-QM lenders will have strong product demand, and non-QM RMBS issuance will remain elevated. Home prices are expected to remain stable on average due primarily to the fundamentals (high demand and low supply).

The change resulted from the convergence of several macroeconomic events, rapidly increasing interest rates, high non-agency RMBS yields, and a significant drop in conventional mortgage originations, said Victor Kuznetsov, managing director and co-founder of Imperial Fund, a Hollywood, Fla., based mortgage investment firm.

Yuri Nosenko, a wealth management advisor at Imperial Fund Assest Management, said, “If someone is nearing retirement age without significant savings, it’s a clear warning sign that they may face financial difficulties in retirement, especially given the limited support from Social Security.

Atlas Merchant Capital CEO Bob Diamond announces a new joint venture between Imperial Fund, A&D Mortgage, and his firm on CNBC’s "Squawk on the Street"

“This marks our 21st transaction, but the most recent deal is especially significant for our team because it is the first one completed with our partners at Atlas Merchant Capital. Now, more investors will gain access to top-tier fixed income products backed by the strongest foundation—U.S. residential mortgages,” said Victor Kuznetsov, co-founder and managing director of Imperial.

Atlas Merchant Capital LLC (“Atlas”), a global alternative investment firm based in New York and London, A&D Mortgage, LLC ("A&D"), a leading nationwide wholesale lender, and Imperial Fund Asset Management (“Imperial”), a residential mortgage investment manager and a capital markets advisor, today announced a joint venture partnership (“JV”) between A&D Mortgage and Atlas Merchant Capital that will support the expansion of A&D’s $7 billion mortgage securitization platform.

Victor Kuznetsov, managing director of mortgage investment firm Imperial Fund, said in a statement that he does not expect an emergency rate cut.

"If home prices continue to remain strong, the Fed may look to lower rates later this year to help spur homebuying activity," Victor Kuznetsov, founder of investment firm Imperial Fund said.

Earlier in 2023 non-QM interest rates peaked at 9% so the overall origination volume fell by 50%, said Victor Kuznetsov, managing director and co-founder of Imperial Fund, a Hollywood, Fla. based, non-agency mortgage investment firm.