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Rocket Companies (NYSE: RKT) Secures $2.5 Billion Revolving Credit Facility

Rocket Companies has secured a $2.5 billion revolving credit facility, reinforcing its financial flexibility as the mortgage lender operates in a fluctuating housing market. The new agreement, announced in mid-July, replaces an earlier credit line and allows the company to access funds for general …

Vinay Lochav | 17 July 2026

Danske Bank Drops 3.5% as Net Interest Income Miss Offsets Earnings Beat

Danske Bank’s earnings surprise failed to lift investor sentiment as a shortfall in net interest income (NII) triggered a 3.5% drop in its shares, dragging down Nordic financial stocks. The decline reflects growing concerns over margin pressures in the region’s banking sector as central …

Vinay Lochav | 17 July 2026

Fannie Mae (OTC: FNMA) Shares Drop 4.3% as 30-Year Fixed Mortgage Rate Climbs to 6.49%

FNMA saw its share price fall to $5.75, a decline of 4.3%, as mortgage rates inched higher on July 16, 2026. The benchmark 30‑year fixed‑rate purchase loan increased to 6.49%, adding pressure to the broader mortgage‑backed securities market and prompting investors to revisit their …

Vinay Lochav | 17 July 2026

Bally's Chicago Completes Structured Equity Placement at $25,000 Stated Value

Bally's Chicago has concluded a structured private placement that adds new Class A common shares, each carrying a stated value of $25,000. The transaction, executed in early July, introduced two distinct classes, Class A-5 and Class A-6, priced at $12,500 and $8,333 per share, …

Vinay Lochav | 17 July 2026

Bladex Secures BBB+ Upgrade, Credit Profile Strengthens at Discount

Bladex’s credit rating upgrade to BBB+ is set to lower funding costs for trade finance in the region, a sector already benefiting from tighter sovereign risk spreads. The change reflects stronger capital buffers and reduced exposure to volatile government debt, arriving as regional banks …

Vinay Lochav | 17 July 2026

CarMax Auto Funding LLC Secures $1.33B in Asset-Backed Notes

CarMax Auto Funding LLC has successfully structured a $1.33 billion asset-backed notes offering, with Scotia Capital (USA) Inc. serving as the representative for the underwriting group. The transaction is expected to close on July 22, 2026, providing the company with additional capital to support …

Vinay Lochav | 17 July 2026

Cohen & Steers (NYSE: CNS) Reports $100.1 Billion in AUM, Up from Prior Quarter

Cohen & Steers, Inc. (NYSE: CNS) reported assets under management (AUM) of $100.1 billion, representing an increase from $93.1 billion in the prior quarter. The increase reflects net inflows of $1.3 billion, the strongest quarterly inflow since Q4 2021, and additional market appreciation.

Vinay Lochav | 17 July 2026

Experian Finds Average FICO Scores for 40‑50 Age Cohort in Low‑700s, Boosting Lending Outlook

The latest Experian analysis reveals that the typical credit score for individuals in their 40s and 50s now resides in the low‑700s, edging close to the national benchmark of 713. This uplift primarily stems from stronger payment histories and lower credit utilization, a factor …

Vinay Lochav | 17 July 2026

Fed Official’s No-Bailout Stance Shakes $310B Stablecoin Market

Federal Reserve official Kevin Warsh issued a firm statement to Congress this week, making clear that the central bank has no plans to intervene in the crypto market should a crisis arise. His comments sent shockwaves through the $310 billion stablecoin sector, where concerns …

Vinay Lochav | 17 July 2026

Strategy’s Bitcoin Banking Adoption Index Ranks Fidelity First With 71% Score

Strategy Inc released the Bitcoin Banking Adoption Index on 13 July 2026, aiming to assess how leading banks integrate Bitcoin into their product suites. The methodology looks at trading, custody, exchange‑traded products, stablecoins, blockchain‑related offerings, margin facilities, and senior‑level commitment. Michael Saylor, the index’s …

Vinay Lochav | 17 July 2026
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