GSEs' futures to remain uncertain, possibly for years: KBW

With little action towards privatization this year, the timeline in 2027 is also narrowing as the focus shifts to the 2028 election, Bose George said.

With little action towards privatization this year, the timeline in 2027 is also narrowing as the focus shifts to the 2028 election, Bose George said.
As of last Friday, average top-tier mortgage rates hit their lowest levels since July 20th. If they’d managed to drop even 0.01% today, it would have been a new 3-week low. As it stands, rates moved modestly higher in response to higher oil prices. Throughout the Iran war, oil and rates have had a broadly…
The conclave will provide a platform to share ideas and best practices on deposit mobilisation, supporting the investment cycle and expanding credit. Deposit mobilisation is expected to be a key focus as PSBs continue to lag private peers in deposit growth. Participants are expected to discuss ways to attract a larger share of…
12:01 AM, 24th September 2026, 3 days ago 1 Councils across England are spending £2.9 billion on temporary accommodation as homelessness costs rise. Data released by the government reveals that the amount spent on temporary accommodation has increased by 4%, from £2.8bn the previous year. The news comes as councils will now be required to…
The US stock market plunged sharply overnight due to a strong rally in Brent crude, which crossed the 101 mark. Also, a spike in treasury yields and the dollar further dampened sentiments in equities. Amidst this, tech stocks emerged among top losers, with Alphabet and Tesla dropping steeply post quarterly earnings. Nvidia, Meta, Amazon, and…
Key insight: Federal Reserve Vice Chair Philip Jefferson, who is overseeing changes to the discount window, said the exercise is not only important for the banking system but also financial stability more broadly. Expert quote: “The U.S. Treasury market serves as the foundation for pricing risk across all asset classes, facilitating the efficient allocation of…