The long-term rate-indicative 10-year Treasury yield has officially dropped to and matched its 52-week low of 1.7%.
The benchmark bond yield hit that low on Thursday afternoon but never dropped below it, and as of late Friday morning it was hovering just a little above it.
Near noon Friday, the 10-year was at 1.71%.
Article source: http://www.nationalmortgagenews.com/dailybriefing/ten-year-yield-1030520-1.html
The Consumer Financial Protection Bureau and the governments Small Business Review Panel will hold a private forum on its new proposal to revise the way loan officers, brokers and lenders are compensated on loan transactions.
Article source: http://www.nationalmortgagenews.com/dailybriefing/cfpb-loan-officer-comp-1030522-1.html
An answer to why people hold their job in the mortgage marketplace or elsewhere does not come by so easily. Do people work simply to survive, or because its enjoyable and meaningful? The world of work is in a state of transition. It is now facing a new direction.
Article source: http://www.nationalmortgagenews.com/msn_features/financial-workplace-human-resources-1030464-1.html
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