Key insight: The Federal Reserve’s preferred economic indicators in recent weeks support the central bank keeping interest rates unchanged, while certain real-time data suggest a rate hike to tamp down inflation might be in order. Expert quote: “My suspicion is the chair will find it in his own best interest to describe the committee’s reaction […]
Warsh and Peace: Iran tensions, bond market complicate Fed outlook Read More »
FirstKey Mortgage is returning to sponsor a securitization of revenue from a pool of performing and reperforming mortgages, raising $465.5 million. Processing Content The deal, Towd Point Mortgage Trust series 2026-2, expects to pay coupons of 4.53% on the A1A through B4 notes, virtually all the notes in the capital structure. They have a final
Towd’s latest mortgage pool raises $465.5 million Read More »
Christopher Peterson, a former Democratic gubernatorial candidate in Utah and former advisor at the Consumer Financial Protection Bureau, has been tapped to lead New Jersey’s Division of Consumer Affairs. Processing Content What’s at stake: The appointment is part of a growing trend of consumer experts moving into state roles as federal consumer oversight stalls. Key
Ex-CFPB official nominated to lead NJ consumer affairs Read More »