The U.S. economy shed 140,000 jobs in December, the Bureau of Labor Statistics reported Friday, although the unemployment rate held steady at 6.7 percent.
Tag: Mike Fratantoni
MBA: Share of Mortgage Loans in 2-Month Holding Pattern
The Mortgage Bankers Association’s Forbearance and Call Volume Survey showed little change over the holiday season–and in fact, has shown little change over the past two months.
MBA: Share of Mortgage Loans in 2-Month Holding Pattern
The Mortgage Bankers Association’s Forbearance and Call Volume Survey showed little change over the holiday season–and in fact, has shown little change over the past two months.
MBA: Share of Mortgages in Forbearance Ticks Up
The Mortgage Bankers Association’s latest Forbearance & Call Center Survey reported loans in forbearance increased slightly to 5.49% of servicers’ portfolio volume as of December 13 from 5.49% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.
MBA: Share of Mortgages in Forbearance Ticks Up
The Mortgage Bankers Association’s latest Forbearance & Call Center Survey reported loans in forbearance increased slightly to 5.49% of servicers’ portfolio volume as of December 13 from 5.49% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.
Fed Stays the Course: Monetary Policy ‘Quite Supportive for Housing, Mortgage Markets’
With the economy still suffering and a sharp uptick in coronavirus cases nationwide, the Federal Open Market Committee was widely expected to hold the line during its two-day policy meeting that ended yesterday. And it did.
Fed Stays the Course: Monetary Policy ‘Quite Supportive for Housing, Mortgage Markets’
With the economy still suffering and a sharp uptick in coronavirus cases nationwide, the Federal Open Market Committee was widely expected to hold the line during its two-day policy meeting that ended yesterday. And it did.
MBA: Share of Mortgage Loans in Forbearance Drops Back to 5.48%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased to 5.48% of servicers’ portfolio volume as of December 6 from 5.54% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.
MBA: Share of Mortgage Loans in Forbearance Drops Back to 5.48%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased to 5.48% of servicers’ portfolio volume as of December 6 from 5.54% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.
MBA Chart of the Week: Number of Unemployed Workers By Duration of Unemployment
Over the past three months, the pace of job gains has slowed from the rapid recovery seen over the summer. Similarly, the unemployment rate continues to decline, but at a more gradual pace.