Conditions are ripe for a revival in second mortgages; some traditional lenders think this could give them an advantage over marketplace lenders.
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Fed will drop one interest rate vote next year; two in 2028
Federal Reserve Chair Kevin Warsh said the Federal Open Market Committee will continue to meet eight times a year, but one such meeting will not include an interest rate vote or an official policy statement.
Balbec Capital leans toward multifamily as underwriting standards shift
Incentives structure and fewer losses drive commercial real estate collateralized loan obligation issuance over conduit commercial mortgage-backed securities.
Lenders should prepare for shifts in mortgage REIT demand
Single-family mortgage real-estate investment trusts in the market for home loan assets face hurdles and selectively taking on leverage to keep buying.
Fed meeting focus turns to Warsh messaging with December in mind
It's the same task the Fed chairman fumbled in July, when investors took a rate hold in stride but balked at Warsh's unwillingness to signal borrowing costs might need to move higher.
Fed’s ‘tailoring’ initiative may be easier said than done
There is broad agreement that asset size alone is not the best way to measure a bank's systemic footprint. But getting equally broad consensus on another, better approach could be difficult.