Despite speculation following the Federal Open Market Committee’s June meeting that a rate cut could come as early as this month, most economists still expect the central bank to hold off until September or later. Only one respondent in Wolters Kluwer’s Blue Chip Economic Indicators survey, conducted July 7 and 8, after the stronger-than-expected June […]
No Fed cut in July, nearly all economists surveyed say Read More »
Home prices continued to rise in June even as softer demand dampened sales and kept homes on the market for longer. The median home sales price hit $399,633 for the four weeks ending July 6, according to Redfin, setting a new record. The prices are up 1% from the same time last year. But signs
Home prices hit new high as pending sales slip Read More »
Foundation Finance Trust 2025-2 (FFIN 2025-2) has issued five classes of notes totaling $329.23 million, collateralized by $332.55 million receivables. The RMBS notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company’s network of 13,240 dealers located in most of the 50 states. The dealers provide point-of-sale financing for
Foundation Finance Trust raises $329 million in RMBS Read More »