The U.S. Bureau of Labor Statistics released jobs data from August, finding that total nonfarm payroll enrollment increased by 142,000. The unemployment rate changed little at 4.2%.
Category: News and Trends
Optimal Blue: Revolutionizing Capital Markets with AI (Sponsored Content)
Optimal Blue’s AI assistants tackle real-world challenges lenders face by combining value-driven innovation with mortgage expertise.
National MI, MBA Opens Doors Foundation Celebrate Five Years of Partnership
Since 2012, the MBA Opens Doors Foundation has worked side by side with families whose homes are in jeopardy while caring for a critically ill or injured child.
Harnessing the Full Potential of the Mortgage Capital Markets–Rocktop’s Brett Benson
Imagine a day when the mortgage and other fixed-income markets operate like transparent and seamless exchanges. That’s the vision of Brett Benson, Co-President and Chief Investment Officer of Rocktop.
Vicki Vidal from ICE: Preparing for the Proposed Regulation X Rule to Streamline Loss Mitigation
Adding to the significant changes in loss mitigation products and policies this year, the Consumer Financial Protection Bureau has published a proposed rule that revamps the current loss mitigation rules.
Disaster Recovery: A Resource for Homeowners from MBA
The Mortgage Bankers Association updated Disaster Recovery: A Resource for Homeowners, a resource paper for homeowners that outlines what to do before and after the disaster along with how to start, and then work through the recovery process.
MBA’s David Upbin Breaks Down Changes to Education Advantage for Commercial Members
MBA NewsLink talked to David Upbin, Mortgage Bankers Association Vice President, Education and Strategy, about the changes to MBA’s Education Advantage for commercial members, and how companies can benefit from the offerings.
To the Point With Bob–Amid Grand Visions, MBA is Tackling Housing Shortage One Program at a Time
The lack of affordable housing is a big issue this election year, writes MBA President and CEO Bob Broeksmit, CMB.
MCT: 3.33% Increase in August Rate Lock Volume
Mortgage Capital Trading, San Diego, reported an increase of 3.33% in mortgage lock volume from July to August in its MCT September Indices Report.
ATTOM IDs Areas With Highest Concentration of ‘At-Risk’ Markets
ATTOM, Irvine, Calif., released a Special Housing Risk Report, highlighting that California, New Jersey/New York and Illinois are the areas with the most at-risk housing markets in the country, meaning they are more vulnerable to declines based on home affordability, underwater mortgages and other metrics.