Greetings, Thousands of FinTech leaders are gathering for Money 2020 this Sunday thru Wednesday. If you’d like to get together, please email us. We highlighted the Fed interventions in the repo market in the last few weeks. The interventions, unusual for a slow growth...

Greetings, We dig into consumer bank results from several majors this week, new product launches, and regulatory updates. But first, hiccups in the repo market have prompted firefighting from the Fed. The Fed is purchasing Treasury Bills at a rate of $60 Bn a month...

Greetings, In macro news, the Fed is expected to cut rates for a third time later this month to a range of 1.5% to 1.75%. The rate cut would indicate that we are definitely in an easing cycle, as opposed to an “adjustment” as initially portrayed by Fed officials. The...

Greetings, Q4 is off to a brisk start. The jobs report released this past Friday shows 114K in net new jobs (vs expectations of 120K), generally flat wages, and a drop in the unemployment rate to 3.5%. This week, we share the latest consumer macro, regulatory news, a...

Greetings, This week, we touch on the latest bank wars, highlights from ABS East, and improving US Consumer Balance sheets. Since the financial crisis, the top 5 banks seem to have won the first chapter in the deposit wars, commanding over 60% of deposits. However,...

Greetings! This week the housing market heated up, recession fears cooled down, and Libra was put on the hot seat once again. The 3% growth rate that President Trump set as his goal in the beginning of the year is seeming out of reach, as economists expect a rate...

Greetings, Securitization professionals are gearing up for the ABS East Conference in Miami starting this Sunday Sep 22nd. Marketplace lending ABS issuers are accelerating their deal activity to get ahead of potential recession talk concerns. Topics at the conference...

Greetings, This week, the Trump administration released their long awaited housing finance plan that will privatize Fannie Mae and Freddie Mac. The most notable, although not unexpected recommendation is to end the GSE conservatorship subject. At the same time the...

Greetings, We at PeerIQ want to wish you a safe and relaxing Labor Day weekend. We leave you with some headlines from this week. Industry Update Big Tech and banks are vying for the same consumer (Yahoo, 8/25/2019) Financial institutions are looking to get in on the...

Greetings, News of the 2yr/10yr yield curve inversion founds its way onto the tablets and screens of moms and pops across America. Headlines like “How the Recession of 2020 Could Happen?” graced the pages of major publications from the New York Times to the Drudge...