KBRA Assigns Preliminary Ratings to FHF Trust 2022-1

NEW YORK – (BUSINESS WIRE) – KBRA assigns preliminary ratings to three classes of notes issued by FHF Trust 2022-1 (“FHF 2022-1”), a subprime auto loan asset-backed securities transaction. FHF 2022-1 will issue three classes of notes totaling $ 150.0 million. The transaction has initial hard credit enhancement levels ranging from 19.55% for the Class … Read more

If Biden Doesn’t Enact Student Loan Cancellation, Here Are 5 Reasons Why

President Joe Biden (Photo by Scott Olson / Getty Images) Getty Images If President Joe Biden does not enact wide-scale student loan cancellation, here are 5 reasons why. Here’s what you need to know – and what it means for your student loans. Student Loans Biden is actively considering whether to cancel student loans for … Read more

1 Exceptional Growth Stock Down 76% to Buy Right Now

This has been a lousy year for growth stock investors. The iShares S&P 500 Growth ETF has tumbled a stunning 16% since the beginning of 2022. Rising interest rates meant to slow down runaway inflation were already making markets nervous about richly valued growth stocks. To make matters worse, Russia invasion of Ukraine unplugged both … Read more

Is the Adjustable-Rate Mortgage Making a Comeback?

Adjustable-rate mortgages are most widely used in expensive metro areas Housing affordability in the US is deteriorating as housing prices continue to increase at a record- pace along with rising mortgage rates.[1] Between December 2020 and March 2022 the average mortgage rate on 30-year, fixed-rate mortgages (FRM) jumped up by 149 basis points or 1.49%, … Read more