Nonfarm employment increased by 209,000 in June, but the unemployment rate changed little at 3.6 percent, the U.S. Bureau of Labor Statistics reported Friday.
Category: News and Trends
Dealmaker: Bandon Capital Advisors Arranges Multiple Financing Deals in Southern California
Bandon Capital Advisors, Los Angeles, announced it arranged a loan transaction of $11.5 million to refinance an industrial site in Costa Mesa, Calif., and the securement of $5 million in financing for two industrial assets in Burbank, and Pico Rivera, Calif., for client BLT Enterprises.
July 12: MBA Associate Member Engagement Webinar
As a member of the Mortgage Bankers Association, you and your company are entitled to a multitude of benefits. We invite you to a complimentary webinar, Make the Most of Your MBA Membership, Wednesday, July 12th from 1:00 PM – 2:00 PM (ET) to learn more about how to make these benefits work for you.
Fannie Mae: Consumer Confidence in Housing Flat in June
Fannie Mae released its Home Purchase Sentiment Index for June, notching an only 0.4 point increase to 66 as supply and economic constraints continue to weigh heavily on American homebuying.
Mortgage Capital Trading: Lock Volume Increases 31% Month-over-Month
Mortgage Capital Trading, San Diego, reported a 31% increase in lock volume in June after a dip in May.
MBA Education School of Mortgage Servicing (Online) Begins July 10
MBA Education presents its School of Mortgage Servicing instructor-guided online course July 10-20.
MBA Chart of the Week July 10, 2023
The U.S. Census Bureau released updated construction spending survey data. Also referred to as the Value of Construction Put in Place, the survey covers all private residential construction and improvements, non-residential construction, and public construction.
MBA Advocacy Update July 10, 2023
This week’s top legislative and policy news from the Mortgage Bankers Association.
Low-Cost Rentals Have Decreased in Every State, Harvard Finds
The supply of low-cost rental apartments fell by 3.9 million units over the last decade and in every state, the Harvard Joint Center for Housing studies reported.
Industry Briefs July 7, 2023
Industry briefs from DocMagic, LenderLogix and NewDay USA.