It was a dramatic ride for bonds and the mortgage market in 2010 as an economic crisis in Europe and wonky concepts like “quantitative easing” helped push down yields to levels not seen since the 1950s. The new year may be just as eventful, but one where higher rates are likely.
Bonds’ dramatic year sets stage for higher rates
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Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit
Ginnie Mae admits only to core facts of the case, denying all allegations, “inferences, arguments, and legal conclusions” in the complaint.
