Author name: Ricky Vasquez

Goldman extends borrowing run with $6.5 billion bond sale

(Bloomberg) — Goldman Sachs Group Inc. raised $6.5 billion from a US investment-grade bond sale, extending a borrowing spree that included a record debt offering earlier this year. Processing Content The deal tested investor appetite after a surprise drop in the investment bank’s bond-trading revenue overshadowed stronger-than-expected first-quarter earnings, sending its shares lower. Being a […]

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El Niño means less active Atlantic hurricane season in 2026

Mortgage servicers can breathe easier: this year’s Atlantic hurricane season is forecast to be below normal.   Processing Content Still, even if one storm makes landfall in the U.S., property damages could be significant. For mortgage servicers, the effects of natural disasters, not just property damage and replacement but also the impact of temporary (and

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Russell Vought

CFPB hiring litigation attorneys while cutting enforcement

Acting Consumer Financial Protection Bureau Director and Office of Management and Budget Director Russell Vought.Bloomberg News Processing Content Key insight: The Consumer Financial Protection Bureau is recruiting for attorney-advisors within its Office of Litigation while simultaneously cutting enforcement attorneys.  What’s at stake: The new hiring comes just two weeks after the CFPB provided a court

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