Benchmark Mortgage sues ex-employees for stealing P&L data
The lender claims an originator ambushed executives in a negotiation with the confidential company financials and claimed to have shared them with competitors.
Mortgage rates march to seven-month high of 6.57%
The contract rate on a 30-year mortgage increased 14 basis points to 6.57% in the week ended March 27, according to Mortgage Bankers Association data released Wednesday.
Data and War Headlines Erase Overnight Gains
Bonds rallied modestly in the overnight session after Trump said the US may exit the war soon. Those gains have been more than erased (just barely) after this morning's data. Both ADP and Retail Sales were stronger than expected although it should be noted that Retail Sales is for the month of Febru
Pamela Heman
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