China’s recovery picked up speed this month, putting it further ahead of rivals after recent data showed it was likely the only major economy to have grown in 2020.
Stanford Kurland, founder of PennyMac Mortgage Investment Trust and a former executive at Countrywide Financial Corp., has died. He was 68.
South Korean bond sales have been on a tear recently in global markets, but the country’s brokerages have been involved in very few of those deals. Some Korean firms want to change that.
The COVID-19 pandemic has transported many Canadians from the downtown cores of major cities to the comforts of home with the remote-work trend in full swing. However, one prominent economist is concerned that workers expecting the trend to last may be “overdoing it.”
The Fannie Mae 30-year 2.5% mortgage bond TBA, or forward settling mortgage-backed securities, hit a fresh record high, according to data compiled by Bloomberg.
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