Trump says he'll probe banks over response to LA wildfires
President Donald Trump said he would look into the actions of banks in their response to last year's devastating Los Angeles wildfires following a meeting with that city's mayor, Karen Bass.
War Headline Waiting Game is The Only Game in Town
Markets were largely flat overnight but volatility picked up just after 7am ET after headlines suggested US/Iran negotiations could resume as early as today. That was good for almost a $4 drop in oil and a 3bp drop in 10yr yields. Roughly half of that improvement was erased just over an hour later w
Banks question Basel omission of PMI in mortgage weights
A proposed update to Basel III capital rules from federal banking regulators does not specifically include mortgage insurance as a factor in determining the risk weight for a mortgage loan held on a bank's balance sheet. Industry experts say it should.
Pamela Heman
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