Here’s how TRID is changing the mortgage industry

Here’s how TRID is changing the mortgage industry

Up and down the pipeline things are changing

Monday Morning Cup of Coffee: Is Fed, housing policy at a crossroads?

Plus why private investors don’t want to buy mortgages, TRID and more

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs

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.

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