Federal Reserve Vice Chair for Supervision Michelle Bowman.Bloomberg News Processing Content Key insight: Bank regulators say they are keenly focused on bank lending to private credit. While they do not see it as an immediate threat to financial stability, they say their understanding of how bank funds are being used in the space is lacking. […]
Lawmakers press bank regulators on private credit risks Read More »
Americans express sagging confidence this decade in their ability to make ends meet, even as they make progress in financial planning and budgeting, according to new research. Processing Content In a more encouraging sign, though, fewer homeowners are experiencing mortgage-related stress compared to five years ago, the study from personal finance media company Ramsey Solutions
A majority of Americans admit to growing financial stress Read More »
Reduced projections for interest rate cuts this year has lenders mulling the extent to which they need to diversify their product sets, several experts at an industry conference said Wednesday. Processing Content “Inflation is starting to move through the system and I think it’s going to keep rates elevated for quite some time,” Scott Buchta,
Rate outlook shift renews interest in the ‘other refi boom’ Read More »