Commercial banking

Investors are pricing in more than a 50% chance the Fed will lower borrowing costs in March, and expect the central bank's benchmark rate will fall to around 4% by the end of 2024.

Adam Denninger leads Capgemini's global strategy for the insurance industry and manages its relationships with the insurance technology ecosystem. Adam has 20+ years' experience creating and delivering solutions at the intersection of business and technology.

Kristina Welke is the Head of Product for New York Life Group Benefit Solutions (NYL GBS) where she oversees the development of products, capabilities, and experiences that drive differentiation for employers of all sizes.

Zac Maufe is the global head of regulated industries at Google Cloud, bringing more than 20 years of banking experience to the role. Prior to Google, Zac had several leadership roles at Wells Fargo, most recently as EVP and head of corporate strategy, digital channels and innovation.

The underlying mortgage is a two-year, floating-rate commercial mortgage loan that is slated to mature on Dec. 9, 2025, and the loan has three one-year extension options.

Heightened government-backed activity also helped bring the average loan size down to its lowest mark in 2023, with purchase amounts falling below $400,000 for the first time since January, the Mortgage Bankers Association found.

Keith Wallace is practice leader at PCF Senior Benefits.

Some 54 contracts and 39 obligors, with an average contract balance of about $14.46 million, and the average exposure to an obligor is about $22.79 million.

Rachel Fox is the director of business development at Sunny Day Fund.

Karl Smith is senior education, training and member support manager at the South African Institute of Professional Accountants (SAIPA).

Yields dropped across the US curve after data showed job openings fell to the lowest level since March 2021. Concerns about investors being too fast in anticipating policy easing have resurfaced.

Any capital injection from GIC would follow an effort by Apollo to raise capital that enables Atlas SP's balance sheet to grow to more than $50 billion from about $40 billion in February.

Plain vanilla deals likely exempt, if equity is not sold to third parties

Levels of home equity in seriously delinquent loans have fluctuated but today there's still a sufficient amount to help many access foreclosure alternatives, Intercontinental Exchange said.

James W. Schreier, Ph.D., SPHR, is a management consultant and leadership coach. With presentations to national and international conferences, his research also focused on workplace training issues and organizational culture related to substance abuse incidences.

Berg Melo is head of legal at Incognia, the innovator in location identity solutions.

The National Credit Union Administration insures Space Coast's deposits, with the power to repudiate the prime retail auto contracts or re-characterize receivables, potentially reducing or delaying note payments.

While the Fed chief said officials are ready to hike further if needed, he also noted policy is "well into restrictive territory." Two-year yields sank 13 basis points to 4.55%.

Debasish Ray Chawdhuri is a senior principal engineer at Talentica Software.

BANK5 stands out from most standard conduit transactions, which have included mostly 10-year term loans. Fitch's historical loan performance analysis, finds five-year loans show a lower probability of default, comparatively.