Insurers chase non-QM: NY Life deal signals new capital
New York Life's investment arm is buying a majority stake in Verus' parent, as higher rates draw insurers to non-QM. Lenders should expect deeper-pocketed buyers and competition.
Big Intraday Round Trip For Bonds; Williams Helped
Big Intraday Round Trip For Bonds; Williams Helped Bonds spent the first half of the day pressing into even weaker levels in spite of a respectable drop in oil prices. Data and headlines had little to no bearing on the selling. If anything, the biggest scapegoat is the combination of bearish momentu
New homes still cost less than resales in many U.S. markets
Zillow reports that new homes in July sold at $205 per square foot, compared with $212 for existing homes
Pamela Heman
Phone:+1(816) 810-5001