The Higher Education Committee passed a measure Monday that would forgive the loans of deceased borrowers.
More From Asset Securitization Report
Modest CPI reading gives Fed no clear direction on rates
The consumer price index rose 0.4% last month, in line with July's reading. For a monetary policy committee that has been split on inflation, the inconclusive report will compel the Fed to make a call on whether to raise interest rates or stay put.
Behind Bessent moves, Wall Street sees a bond-market angst
Over the course of a week, he took steps that they see as aimed at easing pressure on the Treasury market after long-term rates surged to a 19-year high.
Biggest State Street debate is where Bessent bond gauge goes
Coming into 2026, State Street expected yields to fall toward 3.5% or lower this year, but instead they've been on the rise.
SBA raises cumulative loan cap for first time since 2010
While the move is seen in a positive light, lenders and Trump administration officials are still angling to raise the loan-size limit within the agency's flagship 7(a) program.
Without GSEs’ bond buying, mortgage rates may be even higher
Secondary market experts are split on whether the Fed's next move will be a rate decrease in 2027 or an increase, as more observers are now thinking.
