Market Update, Friday, July 10, 2020
Intermediate and long Treasury yields declined slightly last week, led by a 10 basis point drop in the 30-year bond yield.
Market Update, Thursday, July 9, 2020
Stocks opened mixed as new labor market data showed a larger than expected drop in initial jobless claims.
Market Update, Wednesday, July 8, 2020
Stocks opened higher as large tech companies continued to experience gains and Chinese shares extended their winning streak for a seventh day.
LoanStream Mortgage Provides Liquidity for Non-QM Market Space
LoanStream Mortgage has expanded its product offering to fill the void left by many who have exited the Non-QM space.
Announcement: Tax Return Filing Deadline
The last day to file 2019 Tax Returns is July 15th. Any loan that is not cleared to close by July 10th requires 2019 Tax Returns for qualifying purposes
Market Update, Monday, July 6, 2020
Stocks climbed following the holiday weekend as a rally in Chinese shares pushed a global equity benchmark toward a one-month high.
Announcement: Now Lending in Hawaii
LoanStream will now be lending in the great state of Hawaii.
Market Update, Wednesday, July 1, 2020
Stocks opened higher following positive Coronavirus vaccine developments and data indicating continued improvement in the labor market during June.
Announcement: July 4th Lock Desk Hours
LoanStream’s Lock Desk hours will be adjusted for the dates of July 2nd through July 4th due to Independence Day. Normal lock desk operations and hours will resume Monday, July 6th
Market Update, Tuesday, June 30, 2020
Stocks opened mixed as investors assess news on Coronavirus infections against the last day of the second quarter, the best since 1998.