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The Mortgage Bankers Association is expecting a recession to hit in 2023, and expects rates to fall to 5.4% by the end of next year. “We’re beginning to see some significant signs of softening in the labor market,”

The Mortgage Bankers Association is expecting a recession to hit in 2023, and expects rates to fall to 5.4% by the end of next year. “We’re beginning to see some significant signs of softening in the labor market,” “I do expect the next couple of months are gonna

SEC Alert! SEC Charges Mattel with Financial Misstatements and Former PwC Audit Partner with Improper Professional Conduct. Without admitting or denying these findings, Mattel agreed to a cease-and-desist order and to pay a $3.5 million civil penalty.

Source: https://www.sec.gov/news/press-release/2022-189 The Securities and Exchange Commission today announced that California-based Mattel Inc. has agreed to pay $3.5 million to settle charges relating to misstatements in its third and fourth quarter 2017 financial statements. Separately, the SEC is initiating litigation against Joshua Abrahams,

ICYMI Weekend Review! (October 17th-21st): A recap of this week's major Economic Reports, Speakers, and Statements

Hello r/Superstonk, I hope everyone is enjoying a nice start to the weekend! This is attempt #2 at tying a bunch of posts from the week together in one spot. A slight shift in format from last time, the week's calendar will come first with discussion below

Inflation Alert! Federal Reserve Governor Lisa Cook: “Inflation is too high, it must come down and we will keep at it until the job is done,” “Policy must be based on whether we see inflation actually falling in the data, rather than just in forecasts."

Source: https://www.bloomberg.com/news/articles/2022-10-20/fed-s-cook-says-ongoing-rate-hikes-needed-to-curb-inflation

Inflation Alert! Fed Set to Raise Rates by 0.75 Point and Debate Size of Future Hikes. Some officials are beginning to signal greater unease with big rate rises to fight inflation.

Source: https://www.bnnbloomberg.ca/fed-officials-expect-debate-on-rate-peak-and-when-to-slow-hikes-1.1835960 Reddit Post

NSCC/DTC/FICC Alert! Proposed rule change states that on a weekly basis, a study to estimate the depth of the repo market under prevailing market conditions

NSCC/DTC/FICC Alert! Proposed rule change states that on a weekly basis, a study to estimate the depth of the repo market under prevailing market conditions as well as a sample stress scenario to assess potential available liquidity in the event of default of the largest Member would be