Magazine Issue Year 2020

Digital Edition

March 2020

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Magazine Issue Year 2020

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BMO Financial Group

Treasuries slump pushes long-end yields to fresh 24-year highs

Investors remain wary of calling a top in yields after a steady march higher from mid-August as the economy expands amid booming AI infrastructure spending.

1h ago
Secondary markets

Pennymac adopts VantageScore as bi-merge debate heats up

While the three largest lenders now offer VantageScore, Bank of America Securities says two agency pulls boosts consumers scores, no matter which model.

By Brad Finkelstein

2h ago
Servicing

Wells Fargo servicer ratings downgraded on portfolio shift

Fitch Ratings, noting the reduction in Wells Fargo's balances and sale of non-agency servicing, said the bank no longer meets expectations at its old grade.

By Brad Finkelstein

3h ago

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