The New York Stock Exchange sent a deficiency letter to loanDepot on Friday, the company announced, stating it was in violation of minimum stock price rules. Processing Content As of Aug. 20, loanDepot has not been in compliance with the requirement that its average closing price over a consecutive 30-day period needed to be over […]
Loandepot warned by NYSE for low stock price Read More »
Two Harbors Investment says it will officially merge into CrossCountry Mortgage tomorrow, wrapping a merger saga almost two years in the making. Processing Content The real estate investment trust said the deal is expected to close prior to market open tomorrow, following the completion of a lingering state approval. Two will be a wholly owned
Two Harbors says CrossCountry deal closes Tuesday Read More »
Bond investors will zero in on Kevin Warsh’s Jackson Hole speech this week, with a further selloff in long-dated Treasuries at stake as markets look for clues on the Federal Reserve chairman’s response to persistent inflation and fiscal concerns. Processing Content Long-term US bonds have come under pressure in recent weeks, with traders pushing the
Long bonds risk deeper selloff without clear Warsh guidance Read More »