Spring purchase activity jumps despite climbing rates
Adjustable rate mortgages accounted for 12% of total home loan volume in March, reaching its highest share of the market since October 2022.
FHLB council maps out mortgage credit expansion plan
Financial institutions that are members could gain access to expedited funding through a Fed partnership and advances secured by a broader range of collateral.
Goldman extends borrowing run with $6.5 billion bond sale
Being a diversified global bank, Goldman Sachs was "broadly seen favorably as a relatively safe haven type of credit," said Tony Trzcinka, an investment grade portfolio manager at Impax Asset Management.
Pamela Heman
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