Posted To: Pipeline PressLenders outside of Ohio were mildly interested in the Ohio Governor’s race where Ex-CFPB chief Richard Cordray lost. As forecast Democrats won the House and the Republicans kept control of the Senate, and although there were a few surprises, and some results aren’t known yet. There was a fair amount of volatility overnight and each democratic win seemed good for bonds and not so much so for equities: this morning we find rates temporarily lower (but over time rates are still expected to grind higher) and stocks higher. Markets don’t like uncertainty, and much of that has been removed. Things are still polarized, and the jawboning has begun on 2020. Lender Products and Services Looking for a familiar path to grow your Non-Agency production? Galton Funding, a leading non-agency…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Michael Ayoub, Author NMLS ID 6631