This past week financial markets around the globe traded in a bit of a calm sideways pattern ahead of arguably the most important economic event of 2019 -- the US/China trade talks at the G20 meeting. Depending on when you read this newsletter, the headlines may already be out as talks between President Trump and […]
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This past week the Federal Reserve, aka "The Fed", held their June meeting and as expected, left rates unchanged. However, they said some key things which helped both Stocks and Bonds move nicely higher, with rates touching the best levels in 21 months. The Fed removed the word "patient" in their Monetary Policy Statement to […]
Last Week in Review: The rate decline stalls What a difference a month makes. In May, stocks fell sharply, and interest rates declined each week. June has been a different story. The Fed has signaled rate cuts are likely coming. Stocks have been rallying higher, and the decline in interest rates has stalled. The Fed can't […]
New Program Gives Originators a Distinct Advantage in the Market ANAHEIM, Calif. (Nov. 19, 2018) — Carrington Mortgage Services, LLC (CMS), one of the nation’s largest privately held non-bank lenders, today announced the launch of its Correspondent Lending Division. The addition of the Correspondent channel complements CMS’s full portfolio of loan origination channels, which includes […]