If MIP dollars are no longer used to subsidize the payroll tax cut, but are instead used solely to replenish the MMI Fundshortage, surely this additional inflow will significantly eliminate the need for additional MIP cost increases for low-to-moderate income borrowers.
Not surprisingly, there is no shortage of bond fund managers out there touting that they have the product solution to help investors protect themselves from, or even take advantage of, rising interest rates.
The fund expressed concerns about the continued shortage of bank lending, which it said was likely to remain subdued as banks built up their capital bases.
Three-quarters of U.S. start-ups expect to raise capital next year, according to a new survey, but many of them will find doors closing on the fund-raising trail as venture investors experience their own capital shortage.