How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
W S

Unemployment rate drops to 7.8% in September

The U.S. unemployment rate fell to 7.8% in September while nonfarm payrolls rose by 114,000 positions, the U.S. Bureau of Labor Statistics said Friday.

Hiring in health care, transportation and warehousing increased, while other industries experienced little change in employment growth.

During the first eight months of the year, the unemployment rate fluctuated between 8.1% and 8.3%.

"The number of unemployed persons, at 12.1 million, decreased by  456,000 in September," the Bureau of Labor Statistics said.

Critics of the survey suggest the numbers fail to provide a comprehensive outlook since they do not include information on those who gave up looking for work or the underemployed.   

kpanchuk@housingwire.com

Recent Articles by Kerri Panchuk

Comments powered by Disqus