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US firms snap up short-term Treasuries to extend duration of cash holdings

US corporations with over a trillion in assets snapped up an unprecedented amount of short-term Treasuries when President Donald Trump announced a 90-day delay for most of his “Liberation Day” tariffs, according to Clearwater Analytics. Data tracked by the investment analytics firm of more than 800 primarily non-financial US-based companies show the buying was part […]

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Court allows fintechs to defend CFPB’s open banking rule

Bloomberg News A federal judge granted the Financial Technology Association the right to intervene in the Consumer Financial Protection Bureau’s open banking rule, allowing the fintech industry to defend a rule on consumer financial data rights that the Trump administration refused to uphold.   On Wednesday, U.S. District Court Judge Danny Reeves said the FTA has

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Ellington Financial’s latest MBS raises $345.8 million from investment properties

A pool of 1,248 mortgage loans on a range of investment residential properties, including single-family homes, condominiums and multi-unit properties, will secure $345.8 million in mortgage-backed securities through the Ellington Financial Mortgage Trust 2025-INV2 transaction. The deal, EFMT 2025-INV2, offers notes through about nine tranches of class A, M and B notes, with X and

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