Mortgage Jobs Hold Up as U.S. Employment Weakens
Among all industries, hirings weakened last month, and the prior month numbers were revised down. But staffing in home lending held steady and could strengthen thanks to a steep decline in rates today.
Conferences Focus On Mortgage Compliance
Multiple upcoming events will provide insight into mortgage compliance for home lenders, residential loan servicers and financial institutions.
Mortgage Jobs at Highest Level in Nearly 2 Years
It's been nearly two years since there have been this many people working for non-bank mortgage firms. Among all industries, the data was mixed.
Mortgage Jobs at Highest Level Since 2013
The number of people working in non-bank mortgage jobs climbed to the highest level since 2013. Among all industries, job growth continued.
Mortgage Jobs Jump as US Unemployment Sinks
Estimated total monthly staffing in the mortgage industry jumped by more than 6,000 jobs. Meanwhile, employment across all sectors expanded, and the unemployment rate fell to the lowest level in more than seven years.
Wholesaler Settles Charges of Discrimination
One of the nation's 25-largest lenders has settled allegations that minority borrowers were charged higher rates and fees on loans originated through its wholesale lending channel.
Broker's House Swept Away By Texas Floods
A mortgage broker in Central Texas who awoke to his house being flooded was able to escape before his house floated downriver.
Mortgage and U.S. Employment Strengthen
The mortgage industry and the broader economy saw monthly strengthening in the employment sector. Unemployment fell to the lowest level since before the financial crisis.
Mortgage Employment Sinks
The first month of the new year brought with it disappointing news about mortgage employment. Jobs data for other industries, however, was more optimistic.
Brokers Push Up Mortgage Employment Numbers
Hiring among all industries remained strong last month. Employment metrics also remained positive in home lending thanks to mortgage brokers.