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Christopher Phelan, President Donald Trump's nominee to chair the Council of Economic Advisers, declined to directly answer questions about recent inflation data and the effects of tariffs on consumers during a Senate confirmation hearing Thursday.
June 25
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The deal is a master trust and will use its proceeds to repay all outstanding series of notes, not sharing identical collateral of prior issuances.
June 25
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Underwriting league tables of asset-backed securities through April 2, 2026
June 25 -
Issuance volume of asset-backed securities for the year through April 2, 2026
June 25 -
Disclosures from the housing-finance giants show their duration gaps have widened sharply in recent months, leaving their holdings more exposed to rate swings.
June 25
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The Bureau of Economic Analysis' personal consumption expenditures inflation report for May showed that inflation had risen 4.1%, meeting elevated expectations and casting further doubt on the prospects of near-term interest rate cuts from the Federal Reserve.
June 25
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Each Small Business Administration 7(a) loan collateralizing the notes are secured by mostly motel, hotel and gasoline and convenience store commercial real estate (CRE) properties.
June 24
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Foundation had introduced Version 3 of its credit risk model, using the most recent delinquency data, to improve loan performance predictions.
June 24
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President Donald Trump said he wouldn't sign the housing bill, which includes several riders aimed at helping community banks, until Congress passes the SAVE Act.
June 24
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The Treasury chief also predicted that the US economy will accelerate "on a non-inflationary basis for the rest of the year."
June 24
