Treasury and agency bonds had resumed relatively normal trading Thursday, but quotes for to-be-announced mortgage-backed securities were "all over the place" and users were having trouble obtaining quotes from some computer systems, according to bond market participants. The participants said Cantor Fitzgerald -- which was located on the upper floors of the World Trade Center and has been working hard to locate employees and restore operations -- was responsible for a lot of the real-time quotes they received. Market participants also reported that dealers have been swamped with calls, many of them inquiries related to the World Trade Center catastrophe.
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The industry reported $275 million in losses from internet crimes last year, a 59% annual increase as losses nationwide surpassed $20 billion.
April 10 -
A Colorado couple filed suit after realizing they might owe as much as $279,000 on a home equity investment contract used to obtain $88,000 in 2018.
April 10 -
Economists surveyed by Wolters Kluwer are scaling back rate cut expectations as Iran conflict-driven energy costs push inflation higher, complicating the Fed's path forward.
April 10 -
A 21.2% spike in the price of gasoline was the biggest contributor to a 0.9% increase in the Consumer Price Index in March, according to a Friday report from the Bureau of Labor Statistics. The agency said other price increases were largely contained.
April 10 -
Jumbo loans demand more scrutiny and documentation, but automation is streamlining the process — and lenders who master the product stand to gain in a moderately bullish market.
April 10 -
LoanDepot will integrate Figure's proprietary credit and loan underwriting engine into its own proprietary mello technology platform and point of sale system.
April 9









