Costco ends mortgage program membership perk ht
Post# of 123826
https://www.foxbusiness.com/economy/costco-en...rship-perk
When a big company like this makes a move it's usually because there is a very important reason it did it! Time to pay attention to Mortage debt in the financial system again. Interest rates rise puts pressure on creditors too especially if property defaults are rising!
#Market
#Real
#Estate
#Interest
#Rate
#Cosco
#Consumer
#Mortage
#Default
#MBS
#Securities
#Stock
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Quote:
If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/