Author name: Ricky Vasquez

Consumer sentiment reaches five-month high in broad gain

US consumer sentiment increased to a five-month high in January as Americans grew more optimistic about the economy and their finances. Processing Content The final January sentiment index rose 3.5 points from a month earlier to 56.4, exceeding the preliminary reading, according to the University of Michigan. The figure surpassed all estimates in a Bloomberg […]

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Treasury yields wobble as technical gaps come into play

Nothing of any great importance came out of yesterday’s 10:00 numbers; Personal Income was slightly lower than expected but everything else was as expected, and who knows if month-old numbers even matter. Processing Content From low yields made early yesterday treasuries faded until around 10:30 when buyers stepped up and by noon the 30-year yield

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Embrace sees Mid Atlantic growth from Oceanfirst deal

A new deal between Oceanfirst Bank and Embrace Home Loans has led to the latter expanding its presence in the Mid Atlantic region, a model that could provide a roadmap for other companies, it said.       Processing Content Following the New Jersey-based bank’s decision to terminate in-house mortgage lending last year, the two companies agreed to

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