Mortgage Today 9/21: Market Reacts to Fed’s Stance, UMBS Drops, and Re/Max Settles Lawsuits
Financial markets faced turbulence following the Federal Reserve's recent announcements. UMBS dropped significantly, with the 5.5% down by 33 bps and the 6.0% down by 40 bps. S&P futures also declined by 40.25 [...]