by Cole Gottlieb | Sep 24, 2023 | Blog
Happy Sunday, The FOMC held rates steady. U.S. retail sales and PPI rise. Americans plan to spend less. CFPB warns on using AI for credit decisions. ZayZoon raises $34.5Mn for EWA. JPMorgan Chase partners with payroll provider Gusto. Plaid and Cross River team up on...
by Cole Gottlieb | Sep 17, 2023 | Blog
Happy Sunday, CPI for August came in higher than expected. Officials remain optimistic about a soft landing. Treasury4 announces $20Mn Series A. Firstcard raises $4.7Mn seed. SoFi offers users Instacart IPO access. Brokered deposit use surges. Divvy lays off 94 more....
by Cole Gottlieb | Sep 10, 2023 | Blog
Happy Sunday, A rate hike later this month is unlikely, but there could be one more by year’s end. Economic data remains strong. ThetaRay raises $57Mn. Momnt announces $15Mn fundraise. Splitit may de-list from Australian Stock Exchange. Upgrade to begin offering auto...
by Cole Gottlieb | Sep 3, 2023 | Blog
Happy Labor Day weekend! The U.S. job market seems to be cooling. Consumer confidence drops. The Fed steps up regional bank oversight. Regulators proposed new rules for mid-sized banks. Farmington puts “charter stripping” in the spotlight. Grayscale gets court win in...
by Cole Gottlieb | Aug 30, 2023 | Blog
Hi all, Cole here! We come to you today with our quarterly consumer lending review. Catch up on the latest trends emerging in the consumer lending space: credit tightening measures’ effect on originations and MPL new issue volume remains subdued. New here? Subscribe...
by Cole Gottlieb | Aug 27, 2023 | Blog
Happy Sunday, Fed officials’ expectations for future interest rates diverge. Mortgage purchase apps hit lowest level since ‘95. Cars are increasingly unaffordable. CFPB sues division of CURO on loan “churning.” Ramp raises $300Mn. Coinbase acquires minority stake in...
