“MBA’s forecast is for job growth to slow in 2025 relative to last year and for the unemployment rate to increase close to 4.5% by the end of the year.”
–MBA SVP and Chief Economist Mike Fratantoni
Category: News and Trends
Jobs Up by 151,000 in February; Unemployment Rate Ticks Up
The Bureau of Labor Statistics released February employment numbers, finding total nonfarm payroll rose by 151,000 in February.
About the Accredited Mortgage Professional (AMP) Designation
When you graduate from MBA Education’s School of Mortgage Banking (SOMB), you become an Accredited Mortgage Professional (AMP). This designation recognizes the achievements of individuals in the single-family real estate finance industry for their pursuit of educational excellence, high ethical standards, and commitment to professionalism.
Redfin: Investor Home Purchases Drop Slightly in Q4
Redfin, Seattle, reported investor activity declined in Q4, with 47,004 homes purchased.
MISMO Seeks Public Comment on Enhanced Version of Industry Loan Application Dataset
MISMO, the real estate finance industry’s standards organization, seeks public comment on an enhancement to the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information. The 30-day public comment period runs through April 3, 2025.
Understanding Parametric Insurance: A Lender’s Guide to Maximizing Protection and Efficiency-April 10
About the EventIn an ever-evolving risk landscape, traditional insurance may not always provide the speed and certainty businesses need. Parametric insurance offers a tailored, efficient alternative. This webinar explores the …
Office Building Owners Offering Fewer Concessions to Tenants, CBRE Finds
The enticements that companies receive to sign new office leases declined last year, on average, for the first time since at least 2019, according to CBRE, Dallas.
ICE Mortgage Monitor: Property Insurance Rates Affecting Trends
Intercontinental Exchange Inc., Atlanta, released its March Mortgage Monitor, highlighting the effects of increasing insurance costs on housing trends.
MBA Calls on Senate to Confirm William Pulte as FHFA Director, Jonathan McKernan as CFPB Director
MBA President and CEO Bob Broeksmit, CMB, released a statement after the Senate Banking Committee’s votes to recommend the confirmations of William Pulte to serve as Director of the Federal Housing Finance Agency and Jonathan McKernan to serve as Director of the Consumer Financial Protection Bureau.
Upcoming School of Loan Origination Course: June 2-26
MBA Education’s School of Loan Origination (SOLO) is a live, instructor-guided online course designed to provide an in-depth working knowledge of how to originate residential mortgage loans.