Chris Frankie

Chris Frankie

Altisource to Shut Down Owners.com

Altisource Portfolio Solutions has announced that it is shutting down its online brokerage Owners.com, which generated $3.8 million of revenue and $8.1 million of loss before income taxes in the first six months of 2019. So reports Seeking Alpha.

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Fed Minutes Show Markets’ Rate-cut Hopes May Be Overdone

The Federal Reserve has released the minutes from the September meeting, showing that some policymakers said investors appear to be pricing in more interest rate cuts than the central bank expects to provide. So reports CNBC.

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Bill Bodnar of MMG: Will Bonds Get Punched in the Face?

Bill Bodnar of the Mortgage Market Guide previews a number of factors that could impact mortgage professionals, including last Friday's jobs report and the ongoing trade war with China, among others.

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