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Hedging, Data Mapping, BER Letter, PPE Tools; AI Ramifications; Atty. Mitch Kider Joins Big Picture Nearly every lender is at least learning about AI, but on the flip side there are things like New York’s ban on data centers. Lenders and vendors are not the only ones riding the tech wave, and no…
U.S. household delinquencies improve: NY Fed quarterly report
(Bloomberg) — The share of overdue consumer loans fell slightly in the second quarter, and so did some measures of newly delinquent debt, pointing to improvements for the U.S. consumer. The total balance of loans delinquent at least 30 days declined to 4.7%, according to the Federal Reserve Bank of New York’s Quarterly Report…
Esports Festival by the Esports World Cup 2026 Draws Thousands to Paris in the Largest Free Public Gaming & Esports Celebration, Unveiling First Esports Nations Cup Jersey
Media Kit Fans gathered on the Champs-Élysées as the Esports World Cup 2026 celebrated creators, Clubs, players and communities through France’s largest free public celebration of gaming and esports. The festival featured the first public unveiling of an official Esports Nations Cup national kit, revealing Team France’s jersey, designed in collaboration with adidas, ahead of…
Mortgage Rates Back Near Long-Term Highs
To be fair, mortgage rates haven’t been far from their long-term highs in over a week, but today’s 30yr fixed index level of 6.83% is functionally equivalent to the actual long-term high of 6.85% seen on July 23rd. Higher rates are driven by weakness in the bond market. The latter can happen for many reasons….
Compared to Oil, Yields Not Quite as Willing to Drop
Compared to Oil, Yields Not Quite as Willing to Drop 1 Hour, 54 Min ago Compared to Oil, Yields Not Quite as Willing to Drop While the moment-to-moment correlation between bond yields and oil prices remained almost perfectly intact today, yields were less willing to follow the bigger drops. In other words,…
BMO wins partial cost award in Alberta dealership insolvency fight
That is where it turned. The dealership group and its principals opposed the termination and filed their own cross-application to take control of the insolvency, keep it alive, and replace BDO as monitor. They had also launched a separate $25 million lawsuit against BMO, alleging the bank wrongfully forced them into insolvency. Justice Douglas Mah…