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
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Items Tagged with 'Unemployment benefits'

ARTICLES

Jobless claims remain at 7-year low

41% lower than same week last year
April 17, 2014
The 4-week moving average of unemployment claims is 312,000, which is the lowest since October 2007.
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Ending extension for federal unemployment triggers housing concerns

California group reaches out to unemployed with mortgages
December 27, 2013
News that the federal government has decided to forego an extension of long-term benefits for the unemployed prompted the California Employment Development Department (EDD) to fire off a warning notice to impacted workers. A big underlying concern is what happens to those using these benefits to support mortgages.
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Jobless claims fall by 9,000 filings

November 7, 2013
Jobless claims fell by 9,000 filings to 336,00 for the week ended Nov. 2, showing that firings have not picked up following the partial government shutdown.
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Jobless claims rise on shutdown worries, computer glitches

October 10, 2013
Jobless claims increased this past week as the government shutdown forced some contractors out of work and California continued to work through computer glitches impacting local jobless figures.
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Jobless claims fall by 5,000 filings

September 26, 2013
Jobless claims fell by 5,000 filings with 305,000 applications on record for the seven-day period ending Sept. 21.
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Jobless claims fall to five-year low

August 22, 2013
The economy continues to step up its game, with jobless claims dropping to the lowest level in more than five years.
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Jobless claims inch up

Unemployment claims edge up by 5,000 filings
August 8, 2013
While jobless claims increased by 5,000 filings this past week, the uptick is relatively minor since it mirrors pre-recession levels.
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Jobless claims fall by 2,000 to 370,000 filings

May 24, 2012
The number of Americans filing for unemployment insurance fell by 2,000 to 370,000 filings for the week ending May 19, the government said Thursday. That is...
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Jobless claims drop by 2,000

April 19, 2012
Roughly 386,000 Americans filed for unemployment benefits in the week ending April 14, down from a revised 388,000 during the previous week, according to the Department...
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Jobless Claims Retreat, Consumer Sentiment Rises

June 12, 2009
The number of Americans filing for unemployment benefits dropped last week to 601,000, marking the fourth consecutive week during which first time jobless claims eased, the Labor Department reported Thursday. Unemployment conditions were most improved in Florida, Illinois, Michigan and California, which saw the largest decreases in initial jobless claims. In contrast, the largest increases in initial claims were seen in Connecticut, Louisiana, Tennessee and Arizona.
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