The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Zillow analyst on whether home prices can keep climbing

Today’s episode of HousingWire Daily features an interview with Nicole Bachaud, as she discusses annual and monthly home price appreciation growth, rising inventory levels and rent prices.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

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.
 

Latest Articles

Refis stubbornly make a bit of a comeback

The week following Labor Day saw a flurry of mortgage loan application activity, with volume jumping by 4.9% for the seven days ending Sept. 17, according to the MBA. Refis were on the front foot again.

Sep 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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