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Citadel Securities’ Fed rate hike call adds to market angst

(Bloomberg) — Ahead of the Federal Reserve’s policy decision later Wednesday, bond traders are on edge. While most expect policymakers to leave interest rates unchanged, prominent voices across Wall Street are putting their weight behind a hike in just the second meeting run by new Chairman Kevin Warsh. Processing Content It’s indicative of a new […]

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Fannie Mae results show purchase market surprisingly strong

Fannie Mae’s net income jumped to its highest point in over a year amid a seasonal revenue surge that outweighed negative adjustments to credit loss provisions and fair value. Processing Content The government-sponsored enterprise earned $4 billion during the period compared to $3.7 billion the previous quarter and $3.3 billion a year earlier. Net revenues

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