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.
Mortgage Jobs Increase
The latest reading on jobs in the mortgage industry indicates a month-over-month expansion, though headcount was off from a year earlier. U.S. unemployment, meanwhile, fell.
Prison for Former Executives of Failed MO Firm
A third senior executive has admitted his role in a bank fraud scheme that kept a Missouri company afloat as it racked up a huge deficit.
Mortgage Jobs Hold as US Employment Vastly Improves
A solid improvement in the nation's job situation placed upward pressure on interest rates. Mortgage employment, however, was stagnant.
Mortgage Broker Count Sinks in Oregon
The number of people making a living from mortgage brokering in Oregon has plummeted by more than two-thirds since before the financial crisis, though the total has recently been creeping up.
Mortgage Jobs Grow With Overall U.S. Employment
Mortgage companies added more jobs during September. Sector improvement came as U.S. employers increased payrolls by over 200,000 jobs in all industries -- with the unemployment rate sinking to the lowest level in more than six years.
Mortgage Jobs Expand, But US Job Growth Hurts Rates
The last time the unemployment rate was this low, the financial crisis hadn't yet culminated and another administration was in the White House. Mortgage jobs expanded, but the solid U.S. report is hurting mortgage rates.
Record Attendance at Mortgage Broker Conference
Attendance at the recent mortgage broker conference was better than it has ever been, prompting an optimistic outlook for the industry.
Mortgage Broker Cooperative Launches
A new cooperative targeted at mortgage brokers promises to improve access to wholesale lending programs while streamlining the origination process for wholesale lenders.