Magazine Issue Year 2020

Digital Edition

March 2020

Published February 20, 2020, 3:05 p.m. EST

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Magazine Issue Year 2020

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Federal Reserve

Fed to maintain reserve management purchases at $10 billion

The New York Fed's open markets desk plans to conduct the reserve management purchases over the monthly period ending July 13 and conduct about $16.5 billion in reinvestment purchases over the same time.

4h ago
Consumer lending

Achieve's sophomore debt relief ABS raises $151.4 million

Although the follow-up securitization also issued three classes of notes, the deal amount is also much smaller than the first deal, with raised $217.2 million.

By Donna M. Mitchell

8h ago
Originations

Mortgage rates resume rise on jobs, inflation data

For the fifth time in the past seven weeks, mortgage rates moved higher, Freddie Mac reported, as consumer prices keep rising due to the Iran conflict.

By Brad Finkelstein

10h ago

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