(Bloomberg) — Treasuries rose after robust demand for an auction of two-year notes showed that expectations for Federal Reserve interest-rate cuts later this year remain a powerful inducement for buyers of US government debt. Processing Content The advance pushed yields lower across tenors, with rates on long-dated bonds closing at their lowest level in more […]
Treasuries extend gains after strong two-year note auction Read More »
The Department of Housing and Urban Development is ordering citizenship checks for tenants in HUD-funded housing, part of its work with the Department of Homeland Security. Processing Content Friday’s announcement follows an audit in which the departments found almost 6,000 ineligible non-American tenants in the units, among nearly 200,000 tenants requiring eligibility verification. Another 25,000
HUD orders citizenship checks for tenants in funded housing Read More »
Mortgage servicer and originator Onity Group reported a range of earnings estimates for net income to common shareholders that were stronger than previous quarter and year-ago periods despite a negative servicing line item. Processing Content Estimated net income to common shares ranged from $107 million to $131 million, improving on $18.7 million in the third
Onity’s earnings estimates improve despite servicing loss Read More »