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...
by Cole Gottlieb | Aug 20, 2023 | Blog
Happy Sunday, Fed officials remain concerned about inflation. Maryland issues earned wage access guidance. OneBlinc lands debt facility. Better.com crosses SPAC finish line. Bluevine hopes for IPO. PayPal names new CEO. Discover chief abruptly resigns. Fitch warns on...
by Cole Gottlieb | Aug 13, 2023 | Blog
Happy Sunday, July’s CPI print came in lower than expected. Slower hiring and rising oil prices are making the Fed’s life hard. “Novel activities” to get own supervision program. Figure withdraws bank charter app. Banks penalized for employees’ messenger use. Revolut...