3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million

New home sales plummet 14.5% in March

Spring buying season off with a whimper
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Investments / The Ticker

Treasuries advance indicating Fed policy is working

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Treasury 10-year yields fell below 2% as inflation last month trailed the Federal Reserve’s 2 percent long-term objective, giving the central bank scope to continue bond buying to bolster the economy.

Source: Bloomberg
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