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 | Jun 25, 2023 | Blog
Happy Sunday, Fed Chair Powell warns more hikes are coming. Bank economists remain downbeat on credit conditions. FDIC issues more cease and desist orders over deposit insurance claims. CFPB seeks to supervise big tech. Fintechs still raising funds. Crypto grab bag....
by Cole Gottlieb | Jun 18, 2023 | Blog
Happy Sunday, Inflation cools. Fed pauses on rate hikes. Renters get a break. CFPB pushes ahead with open banking rules. FIS acquires BaaS platform Bond. Lower credit card late fees are no free lunch. PayPal SMB lending fills bank branch gap. Pagaya announces seventh...
by Cole Gottlieb | May 28, 2023 | Blog
Happy Sunday and Memorial Day Weekend! Fed officials are divided on additional rate hikes. Mortgage rates climb. Citizens Bank settles with CFPB. More states propose EWA regulations. Rocket Mortgage debuts a 1% down payment option. Airbnb teams up with Klarna, Stripe....
by Cole Gottlieb | May 21, 2023 | Blog
Happy Sunday, Fed officials warn a long way to go on inflation. Consumer debt rises, with signs of stress emerging. Senators blame ‘fatal’ mismanagement for SVB, Signature failures. Fed’s Barr pushes for capital reforms. Dems urge Supreme Court to preserve CFPB...