Slower hiring strengthens bonds and eases concerns over additional Fed tightening
Mortgage lenders received encouraging news Thursday after the latest employment report showed the U.S. labor market cooled more sharply than expected, easing concerns that the Federal Reserve may need to tighten monetary policy further.The U.S. economy added 57,000 nonfarm p...
Merger clears a major milestone, with closing expected in August pending the final five state regulatory approvals
CrossCountry Mortgage's acquisition of Two Harbors Investment Corp. moved a significant step closer to completion Thursday after Two Harbors shareholders voted to approve the transaction.The mortgage servicing rights (MSR)-focused real estate investment trust announced that,...
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