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  • Sources: Trump plans repeal of FHA mortgage insurance premium cut

    With President-elect Trump’s inauguration mere hours away, it appears that the Trump administration will do more than just “examine” the FHA premium cut once Trump is sworn on. According to multiple sources, the FHA premium cut, which is currently scheduled to go into effect on January 27, will be delayed, if not done away with entirely, by the incoming Trump administration.

Investments The Ticker

Bill Gross cautions lower returns on corporate yields

Bill Gross, whose Pacific () (LTPZ) runs the world's largest bond fund, said that corporate credit and high-yield () are "somewhat exuberantly and irrationally priced" and are being propped up in part by the Federal Reserve's ongoing bond-buying program that has kept interest rates low.

Source: Reuters
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