| The KUIK Closing Market Report for Thursday, January 17: | |||||||
| Markets were up today. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (24) | points | 13,511 | 1:58 PM | ||
| S&P500 | Up | 0.56% | percent | 1,481 | 8.31 | points | |
| Nasdaq Composite | Up | 0.59% | percent | 3,136 | 18 | points | |
| 30 Year Treasury | Up | 5 | Basis Points | 3.07 | Annual Yield | ||
| The Consumer Financial Protection Bureau’s final mortgage rules released today say that companies that collect borrowers’ payments for loan owners, must provide regular statements that detail a payment’s principal, interest, fees, and escrow components. Servicers must also warn borrowers before the interest rate changes on adjustable-rate mortgages. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-finalize-rules-to-clean-up-mortgage-servicers-2013-01-17 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||