Movement Mortgage, a national top-10 retail mortgage lender, is excited to announce Regional Director Kisha Weir is expanding her territory to add the Northern California and greater Western United States. Weir joined Movement in 2019 as part of Movement’s first-ever acquisition. Due in large part to Weir’s leadership, Movement’s acquisition …
Read More »Market Extra: Dow, S&P 500 enter correction territory as stock-market selloff rolls on for 6th straight day
Major U.S. stock indexes were poised to enter a full-blown market correction Thursday if they maintain early losses until the closing bell. The Dow Jones Industrial Average DJIA, -2.46% tumbled more than 600 points and was off 610 points, or 2.3%, near 26,348. A close below 26,596.28 for the blue-chip …
Read More »Market Extra: Kraft Heinz bonds fall into ‘junk’ territory after downgrades
Kraft Heinz Co., the company that makes Kool-Aid and Velveeta, saw its bonds lose their investment-grade status and fall into “junk” territory after two credit ratings firms on Friday downgraded the debt. The moves by Fitch Ratings and S&P Global Ratings turned Kraft’s debt into a “fallen angel,” a term …
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