Closing Complex Loans Faster With a Digitized Client Workflow

Join us for a discussion on changes in market demographics, suppliers and how focusing on customer experience and a few simple steps during the mortgage loan process can close deals 3x faster.

Brokers, Here’s Everything You Need to Know About Rocket Pro TPO

Want to stay up to date with the latest on what Rocket Pro TPO is offering its broker partners? Check out our TPO hub for updates and more.

Home appraisal’s ugly history and uncertain future

This is Part I of a deep dive into the home appraisal industry. Today we explore the origins of the appraisal industry and its current lack of diversity.

Loan quality lessons learned from 2020

HousingWire recently spoke with Trevor Gauthier, CEO of ACES Quality Management, about the effects of 2020 on loan quality and what lenders should expect regarding loan quality and risk management this year.

Politics & Money

Jobless claims rise above 300K on energy layoffs

Initial claims trending higher

Energy price cuts are leading to more layoffs in shale heavy states like Texas and Pennsylvania, pushing initial jobless claims back above the psychological watermark of 300,000 to 304,000, missing expectations by the most in a month.

Jobless claims data have been choppy week to week but the underlying trends are favorable.

Initial claims rose 25,000 in the February 7 week to a higher-than-expected 304,000 but the 4-week average actually fell, down for a 3rd straight week to a 289,750 level that is about 10,000 lower than a month ago.

Continuing claims in the January 31 week fell 51,000 to 2.354 million while the 4-week average fell 19,000 to 2.404 million. The unemployment rate for insured workers is unchanged at a recovery low of 1.8%. 

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3d rendering of a row of luxury townhouses along a street

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