Commercial banking

Traders were watching a slew of data on a bigger-than-expected increased in jobless claims and expanded manufacturing Thursday.

In minutes from the Fed's July meeting, officials highlighted the risks of inflation outweighing concerns over the labor market, which investors overlooked.

The Federal Open Market Committee member is the third Democrat the Trump administration has accused of committing occupancy fraud.

Vall Herard is the founder and CEO of Saifr, a RegTech incubated within Fidelity Labs. He specializes in the intersection of financial markets and technology and has a mastery of emerging methods like AI, machine learning, blockchain, and micro-services. He has extensive experience in the financial services industry, including FinTech, RegTech, InsurTech, capital markets, and hedge funds.

Tiffany Duncan-Magri is a Senior Regulatory Advisor at Smarsh with 15 years of experience in the financial industry and a strong academic foundation in Marketing (B.S.) and Management (MBA). She specializes in helping financial services firms navigate complex regulatory requirements—translating them into clear, actionable strategies that support both compliance and growth.

The collateral pool is composed of a mix of 939 first-lien loans, lent to highly qualified borrowers, and under tightened underwriting standards.

Fannie Mae economists toned down their housing and economic outlook in August, predicting fewer home sales and less mortgage origination volume versus July.

Pragya Thakur is a National Board-certified health and wellness coach and master of public health candidate at Boston University.

She writes on wellness topics for publications including The Philadelphia Inquirer and The Law Journal Newsletter and is currently developing a book exploring how small daily shifts can create meaningful change in health and clarity.

Elliott will advance the firm's strategic initiatives and business development initiatives and ensure that customer experiences are seamless.

While Trump's trade war has roiled markets, unnerved foreign governments and provoked criticism from leading economists, S&P affirmed its AA+ rating for the US — a score it's given since 2011.

The percentage of larger loans in HGVT-2 is 20.08%, S&P said. While that is lower than the 23.2% seen in the previous deal, it is still too high.

Steven B. Goldman is a senior lecturer at MIT and director of the Crisis Management & Business Resiliency and Advanced Business Resiliency courses. He is also an adjunct faculty member at Harvard University, where he lectures on Crisis and Risk Communications, and directs the Radiological Emergency Management program.

Sandra Galletti is the assistant director of MIT's Crisis Management & Business Resiliency and Advanced Business Resiliency courses. She also serves as head of operations and resilience at Tidona Comunicazione in Milan, Italy.

Most of the pool, 68.6%, is in the repayment phase, while 19.1% of the loans in the pool are in deferment.

The tests modeled how Fannie Mae and Freddie Mac would fare after absorbing losses like a total $36.1 billion provision in credit losses in a severe downturn.

The American Fintech Council requested a 30-day extension for buy now/pay later providers to submit information about their businesses to the New York Department of Financial Services. New York is the first state to institute a law specifically regulating BNPL.