Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower

Items Tagged with 'Employment'


Jobs data gives cold shoulder to cold weather excuse

Some nuggets of good housing news buried deep
February 7, 2014
Winter weather wasn't nearly the problem most expected, as residential construction jobs grew faster than any other sector.
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5 charts you must see right now

These will set your optimism meter back to zero
January 28, 2014
The state of the union address largely stayed away from specific economic and housing data, with the emphasis on all things political and nothing factual. But if data is what you're looking for, these charts are each worth 1,000 of words.
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Monday Morning Cup of Coffee: All eyes on big bank earnings

2014 started rough and this week will tell if it was an outlier
January 12, 2014
Many big banks are reporting earnings this week, in what could be an economic make-or-break situation, depending on differing press reports from the weekend.
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Private companies added 215,000 jobs in November

Highest amount reached in a year
December 4, 2013
In a surprisingly positive sign for the economy, the private-sector labor market grew the most in a year as companies added 215,000 jobs to their payrolls.
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Jobless claims hit lowest level in 2 months

November 21, 2013
Jobless claims fell by 21,000 to a seasonally-adjusted 323,000 last week, according to a Labor Department report released Thursday. Most economists had expected claims to fall to 334,000.
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Women make gains in U.S. job market

November 18, 2013
Women in the workforce have reached a milestone, recovering all of the jobs they lost during the recession. Men haven't, reports the Wall Street Journal:
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New home purchase apps post significant gains

MBA: Apps grow when employment numbers pick up
November 14, 2013
Mortgage applications for new home purchases increased by double-digits, signaling Americans are financially ready to begin the homebuying process again.
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Mortgage rates continue upward momentum

Solid economic data pushes 30-year FRM to two-month high
November 14, 2013
Fixed mortgage rates edged higher for the second week in a row on stronger than expected economic data, specifically the jobs report that shocked the market.
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Private sector gains 130,000 jobs in October

October 30, 2013
Private-sector employment growth cooled somewhat in October, with employers adding only 130,000 jobs to their payroll.
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Fay Servicing trains originators on how to become servicers

October 24, 2013
Fay Servicing is partnering with mortgage lenders to help train origination employees for a potential career on the servicing side of the business.
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