Federal Reserve Remarks, Nyitray, iServe Lending

Federal Reserve Chair Janet Yellen gave her news conference after the central bank kept interest rates unchanged.

Market expectations for a Fed rate hike dwindled ahead of the meeting, amid a lackluster May jobs report and concerns about a British exit from the European Union.

Joining the broadcast to discuss the economy, bond prices, the Fed and housing is Brent Nyitray, Director of Capital Markets at iServe Residential Lending. 

Brent is responsible for managing iServe’s origination pipeline and Ginnie Mae securitizations. Prior to iServe, Brent was an analyst and trader at several hedge funds as well as ran the European Risk Arbitrage trading desk at Bear Stearns.  Brent is also the author of The Daily Tearsheet, a blog focused on the economy, financial markets and real estate.