Markets eye Fed hold after retail sales, consumer confidence fall
Retail sales fell 0.6% in July despite a World Cup bump and the University of Michigan's consumer sentiment index declined to cap off a pivotal week of economic indicators.
Mortgage insurers report another strong quarter of profits
The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.
SPIRE's latest effort will sell $413.7 million in RMBS
The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.

Pamela Heman
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