Net Branch Matchmaker
A company operating from Georgia wants to become the eHarmony of net branching.
Mortgage Jobs Expand as U.S. Unemployment Improves
Growth in staffing at mortgage brokers overcame a small decline at mortgage bankers and pushed overall employment in the real estate finance sector higher. The bigger news, however, was the U.S. unemployment rate -- which sank to its lowest level in more than two-and-a-half years.
Mortgage Branches Open, Change Brands
Mortgage banking firms are scooping up local branches at a healthy pace, and at least three of the branch recruiting operations are based in Houston. More than a thousand branch locations have been added to the national registry during the most-recent quarter.
Broker Business Leaps at SunTrust
Business from mortgage brokers nearly doubled at SunTrust Banks Inc., while the correspondent channel also turned in a strong performance. The company shaved a few basis points off its delinquency and cut its mortgage losses on a quarter-over-quarter basis.
M.I. Program Enhanced for Brokers
Mortgage brokers are being cut a break on underwriting requirements by one mortgage insurance company.
Mortgage Employment Falls; 2010 Data Revised Up
The exodus out of real estate finance continued, while data previously reported for a year ago was adjusted up by nearly 14,000 jobs. A stronger-than-expected report for all types of jobs had the 10-year Treasury yield deteriorating.
