MBA Advocacy Update: MBA, Housing Policy Council Request Review Process for VA’s Foreclosure Prevention Proposal
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Chart of the Week Aug. 7: Average Home Loan Size
This week’s Chart of the Week explores differences in average home purchase loan sizes by company type, where company types are defined by primary regulator and balance sheet assets (with large depositories holding assets of $10 billion or more).
Jobs Up by 187,000; Unemployment Rate Flat in July
Total nonfarm payroll employment was up by 187,000 in July, and the unemployment rate remained fairly flat at 3.5%, the U.S. Bureau of Labor Statistics reported.