“As in recent months, job growth has been concentrated in just a few sectors, notably health care, government, and leisure and hospitality, while employment is little changed or declining in other sectors.”
–MBA Senior Vice President and Chief Economist Mike Fratantoni
The Federal Reserve’s Federal Open Market Committee announced it would be holding the target range for the federal funds rate unchanged yesterday, as it continues to aim for a 2% objective for inflation.
PHILADELPHIA–The Mortgage Bankers Association announced at its 2023 Annual Convention & Expo that total mortgage origination volume is expected to increase to $1.95 trillion in 2024 from the $1.64 trillion expected in 2023.
PHILADELPHIA–The Mortgage Bankers Association announced at its 2023 Annual Convention & Expo that total mortgage origination volume is expected to increase to $1.95 trillion in 2024 from the $1.64 trillion expected in 2023.
PHILADELPHIA–The Mortgage Bankers Association announced at its 2023 Annual Convention & Expo that total mortgage origination volume is expected to increase to $1.95 trillion in 2024 from the $1.64 trillion expected in 2023.
The job market remained quite strong in September, with nonfarm employment increasing by 336,000, the U.S. Bureau of Labor Statistics reported Friday.
The job market remained quite strong in September, with nonfarm employment increasing by 336,000, the U.S. Bureau of Labor Statistics reported Friday.
A borrower’s credit report provides a valuable snapshot of their financial health. Mortgage lenders have been using it for years to underwrite their deals, credit is, the most dynamic of the 3 Cs of lending, and it has proven a reliable source of data to predict loan performance. But it can be more than that if the lender learns not to take the borrower’s credit at face value.
A borrower’s credit report provides a valuable snapshot of their financial health. Mortgage lenders have been using it for years to underwrite their deals, credit is, the most dynamic of the 3 Cs of lending, and it has proven a reliable source of data to predict loan performance. But it can be more than that if the lender learns not to take the borrower’s credit at face value.
A borrower’s credit report provides a valuable snapshot of their financial health. Mortgage lenders have been using it for years to underwrite their deals, credit is, the most dynamic of the 3 Cs of lending, and it has proven a reliable source of data to predict loan performance. But it can be more than that if the lender learns not to take the borrower’s credit at face value.
