Another Week for Record Unemployment Claims
The Labor Department yesterday reported a record 6.648 million Americans filed initial unemployment insurance claims last week, smashing the previous record set the previous week.
Ellie Mae: Older Millennials Drive February Refinance Surge
Older Millennials—and yes, there is such a thing—took advantage of near record-low interest to spark a surge in refinancings, according to the Millennial Tracker report from Ellie Mae, Pleasanton, Calif.
MBA Creates Print, Video PSAs for Members to Communicate COVID-19 Resources
To help inform consumers about the appropriate time to contact their mortgage companies, the Mortgage Bankers Association has created a 30-second video and corresponding ads for members’ use.
ATTOM: February Foreclosure Activity at Record Low
ATTOM Data Solutions, Irvine, Calif., reported 48,004 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in February, the lowest number of total foreclosure filings recorded it began tracking in April 2005.
First American: Fraud Risk Continues to Drop
Today’s housing market benefits from new technology and policy guardrails against fraud and defect risk, innovations that will serve the industry well in the uncertain days ahead, said Mark Fleming, Chief Economist with First American Financial Corp. Santa Ana, Calif.