LIBOR

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Libor is out, but SOFR isn't quite in

By John Heltman August 12, 2020 9:30 PM

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Washington Bureau Chief, American Banker

LIBOR

Community banking

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Treasury Department

Bessent says Trump's $2,000 checks would need Congressional vote

Trump, who has touted the billions raised in US tariff revenue this year, has talked about the checks as public frustration mounts over the cost of living.

By Catherine Lucey

November 16
Originations

Fitch flags cooling housing market through 2027

While Fitch and Kroll have differing views on mortgage rates next year, both are looking for mortgage delinquencies to rise in their rated portfolios.

By Brad Finkelstein

November 14
ABS

Upstart raises $320 million in ABS from unsecured consumer loans

Since introducing the Upstart Macro Index to address increasing delinquency rates in previous years, the changes to its underwriting and credit models have improved future vintages' performances.

By Donna M. Mitchell

November 14