Australia floats strategic dialogue with US to counter China’s ‘economic coercion’

Australia floats strategic dialogue with US to counter China’s ‘economic coercion’

Australian Prime Minister Scott Morrison wants to launch a new “strategic economic dialogue” with the United States to counter China’s economic clout. “Unlike the Cold War, geostrategic competition in the coming decades will be engaged in the economic realm,” former Australian Prime Minister Malcolm Turnbull said in an address to the Australian American Leadership Dialogue.

COLT Mortgage Loan Trust floats 3.3 million in MBS

COLT Mortgage Loan Trust floats $423.3 million in MBS

COLT 2022-6 Mortgage Loan Trust is preparing to issue $423.3 million in mortgage-backed securities (MBS), or certificates, in a deal secured by a pool of 1,017 nonprime loans. The transaction will have to overcome several potentially negative credit drivers, according to Fitch Ratings. For one, home price values in the current pool are 9.7% below