loanDepot officially files for IPO

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House
Lending / The Ticker

Jobless claims fall by 10,000 filings

down button

According to Reuters, unemployment claims dropped by 10,000 filings as the impact of a California computer glitch worked its way through the system, helping the numbers level out. The publication explains:

Economists polled by Reuters had expected first-time applications to fall to 339,000 last week.

A Labor Department analyst said California, which had been dealing with a backlog, reported no carryover in claims last week from previous weeks.

Technical problems as California converted to a new computer system have distorted the claims data since September, which had made it hard to get a clear read of labor market conditions.

Source: Reuters
Read full story

Recent Articles by Brena Swanson

Comments powered by Disqus