Teens barred from United flight for wearing leggings (+video)

A pair of teenage girls flying under a special pass program were prevented from boarding a United Airlines flight Sunday for failing to meet the airline's dress code, prompting accusations of a double standard. 

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Trump son-in-law Kushner to face Russia investigation panel

Trump son-in-law Kushner to face Russia investigation panelDonald Trump's son-in-law and top aide Jared Kushner will appear before a Senate panel investigating Russian interference in the US election, the White House said Monday. Kushner, 36, was Trump's main intermediary with foreign governments during the 2016 election campaign and now plays that role in the White House.


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Iran sanctions US companies: Will that hurt? (+video)

Following sanctions issued by the Trump administration, Iran recently announced their own set of sanctions against United States-based companies, further complicating diplomatic relations between the two countries.

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MBS RECAP: Rally Extends Thanks to Silence on the Hill

Posted To: MBS Commentary

Today could have gone two ways. We could have come to find out that Friday's "delay" in the vote on the healthcare bill was an actual delay, or we could have quickly seen that the bill was dead (at least in its current form, and at least for now). With nary a headline or newswire covering the healthcare bill as something that still exists in the realm of near-term possibility, markets quickly decided that last week's delay was merely politicians' way of saying the bill was dead . To whatever extent a postponement left hope alive for progress on fiscal policy, bonds had good reason to be cautious . To whatever extent the bill was viewed as dead, bonds had good reason to press on with the rally . And so they did. During the overnight session, 10yr yields were as low as 2...(read more)

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Mortgage Rates Lowest in More Than a Month

Posted To: Mortgage Rate Watch

Mortgage rates improved today, hitting the lowest levels in more than a month. Bond markets (which underlie mortgage rates) generally improved last week as the new administration's ability to get policy changes through Congress was called into question by the breakdown of the new healthcare bill. As of last week, there was some hope that debate would resume this week and that the bill wasn't completely dead. As the weekend passed without meaningful updates, markets increasingly assumed failure. One of the primary functions of government and mortgage-backed bond markets is to serve as a "risk-free" investment. It might seem strange to consider mortgage-backed securities (MBS) as "risk-free" with the mortgage meltdown being a fairly recent phenomenon, but indeed, today's MBS are as risk-free...(read more)

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Video Released of Girl Who Vanished With Teacher in New Appeal to Bring Her Home

Video Released of Girl Who Vanished With Teacher in New Appeal to Bring Her HomeBeth Thomas, 15, has not been seen since the pair disappeared two weeks ago.


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