US stock futures and Treasuries pared losses after President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair, with traders debating how far he would cut interest rates. Processing Content The dollar also trimmed its advance after Trump made his announcement on Truth Social. Moves earlier in the day suggested traders were dialing back expectations […]
Stocks, bonds trim losses as Trump taps Warsh Read More »
Left to right: Brandon Bean, Scott Henley Planet Financial Group recently added retail lending veteran Brandon Bean as senior vice president, national fulfillment. In his new role, Bean will be tasked with driving growth of the Meriden, Connecticut-based company’s distributed retail division. He joins the company after most recently holding the title of senior vice
Onity, Crosscountry, Blend, MBA make leadership moves Read More »
PennyMac Financial Services fourth quarter earnings were affected by the lower interest rate environment in the quarter, coming in higher year-over-year but reduced versus the linked quarter. Processing Content PFSI reported $106.8 million in net income for the quarter and $501.1 million for the year. A year earlier, the company had earned $104.49 million for
PennyMac Q4 earnings miss as margins, servicing slip Read More »