by Cole Gottlieb | Mar 26, 2023 | Blog
Happy Sunday, Despite bank turmoil, Fed still hikes 25 bps. TransUnion Credit data. Inflation expectations drop. Home prices fall. Banks tap FHLB, BTFP for liquidity. U.S. evaluates emergency deposit insurance measures. FDIC extended deadline for SVB bids. NYCB...
by Cole Gottlieb | Mar 19, 2023 | Blog
Happy Sunday, Headline inflation cooled somewhat, but housing prices are keeping core CPI high. Consumer spending fell. Markets expect the Fed will hike rates by 25 bps next week – but predict they’ll drop by year’s end. Regulators, politicians scramble, have...
by Cole Gottlieb | Mar 12, 2023 | Blog
Happy Sunday, Could rates go above 6%? Mortgage apps hit 28-year low. Bond yield inversion widens. Banks fight for deposits. Senators push regulators on Zelle fraud. SoFi sues to stop student loan payment pause. Varo raising $50Mn downround. Droit’s $23Mn Series B....
by Cole Gottlieb | Mar 5, 2023 | Blog
Happy Sunday, Fed warns 2% inflation target may not be achieved until 2025. More auto owners have negative equity. Some signs labor market cooling. Supreme Court will hear CFPB case. Goldman may shrink consumer business. Klarna’s losses widen. LendingTree teams with...
by Cole Gottlieb | Feb 28, 2023 | Blog
Hi All! We come to you today with our quarterly consumer lending wrap. As the Fed continues to battle persistent inflation with rate hikes, catch up on the latest trends we see emerging in the consumer lending space: fintech lenders and banks reduce risk, and the...
by Cole Gottlieb | Feb 26, 2023 | Blog
Happy Sunday, More rate hikes on the horizon. Housing continues to cool. Consumers’ spending habits shift as interest rates, inflation continue to bite. Younger borrowers falling behind on debt. Custodia still wants its Fed master account. CFPB sets sights on card...
