The U.S. Supreme Court appears to be sharply divided on credit card surcharge bans.
More From Asset Securitization Report
Franklin Templeton experts balance a higher-rate world and weigh midterm impacts
Professionals anticipate higher volatility in the near term, while examining the risks and opportunities amid rising interest rates, with a yearend view.
For Fed, politics impossible to avoid in pre-midterm FOMC
The Federal Open Market Committee's voting history heading into previous elections might shed light on how it approaches this week's decision.
Eagle Credit issues two ABS card note series totaling $450 million
In both pools, Fitch finds that gross yields remained strong at 26.49%, up from 25.74% a year ago. Also, the monthly payment rate increased to 64.57%, an increase from 63.82% a year prior.
Moody’s: CLOs have prepped for worsening credit quality
Liability management exercises are driving defaults and complicating recoveries in collateralized loan obligation pools.
By
John Hintze
Lawsuit accuses Bowman, Fed of ‘rigging’ comment process
Consumer advocacy group Better Markets filed a lawsuit in federal district court Thursday claiming the Federal Reserve's top regulator coached bankers on how to comment on proposed capital rules in "secret meetings."
