Iran war pushes mortgage rates near yearly high
The conflict pushed oil price futures above $100 a barrel for a short time earlier this week, which affected bond investors and the 10-year Treasury yield.
Citi hires Dale Baker as head of residential mortgage
Citi has hired Dale Baker as its head of U.S. mortgage and retail lending. Baker confirmed the news in a social media post on Wednesday evening. Baker succeeds Chris McCullough, Citi’s president and head of mortgage and small-business lending, who is retiring, a source familiar with the matter told
Fed's Bowman previews streamlined capital framework
Federal Reserve Vice Chair for Supervision Michelle Bowman outlined upcoming changes to the bank regulatory capital framework in a speech Thursday, focusing on streamlining bank capital requirements through Basel III and global systemically important bank surcharge rules.
Pamela Heman
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