An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How servicers can access timely, accurate data insights

Learn how to navigate the challenges in today’s market – for example, the need for ongoing, on-demand access to near-real-time data and the ability to access those data insights in a timely and accurate manner.

Steve Murray on new brokerage models, CFPB crackdowns

Today’s HousingWire Daily features a discussion on the emergence of a new brokerage model and the validity behind the concerns against institutional investors.

Signs point to tepid September job creation

HP layoffs, increased jobless claims spell worry

After a rough August with just 173,000 jobs added by employers, September only looks to do a little better, according to early signs and forecasts.

A mass 30,000 layoff announcement at Hewlett-Packard skewed Challenger's September count upward, to 58,877 versus August's 41,186.

The layoff count is now heading for the highest total since 2009 with the year-to-date count, at 493,431, already higher than all of last year.

This monthly report counts and categorizes announcements of corporate layoffs based on mass layoff data from state departments of labor.

Total jobless claims climbed by 10,000 to 277,000 in the week ended Sept. 26, above analysts expectations, according to the weekly report from the Labor Department. Initial jobless claims reflect weekly firings.

Analysts predicted jobless claims would rise to 272,000 in the Sept. 26 week. In the week ending Sept. 19, the advance figure for seasonally adjusted initial claims was 267,000, an increase of 3,000 from the previous week's unrevised level of 264,000.

Finally, ADP's call for Friday's September employment report is on the high side but only slightly, at 200,000 for private payroll growth.
Other analysts are not so optimistic, calling for a print closer to 190,000.
 

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