Key insight: Reports on retail sales and consumer confidence paint a picture of an economy weakening under the pressure of high prices.  Expert quote: “The economy is highly dependent on consumer spending – close to 70% of GDP can be traced back to it – so it’s a case of be careful what you wish […]

In the second quarter, private mortgage insurers wrote 21% more new business versus the first quarter and 17% more than one year prior, data aggregated by Keefe, Bruyette & Woods found. Processing Content After the reporting season ended, Bose George raised the earnings targets on four of the five companies he followed, Radian being the

Aspire Sponsor’s latest residential mortgage-backed securities (RMBS) deal, set to raise $413.7 million, is backed by a pool of 742 primarily non-prime mortgages, and almost all are fixed-rate. Processing Content Borrowers of the underlying loans in SPIRE 2026-5 had blemished credit histories, and lenders verified income through bank statements and other alternative underwriting methods, according