September Jobs Report Exceeds Expectations

The job market remained quite strong in September, with nonfarm employment increasing by 336,000, the U.S. Bureau of Labor Statistics reported Friday.  

Fed Keeps Rates Steady But Options Open

The Federal Open Market Committee held rates steady at its June meeting but kept its options open for July and later this year.

(#MBAServicing23) Market Outlook: A Few Hurdles Ahead

ORLANDO—The mortgage servicing industry has seen a lot of volatility lately—and that’s not likely to ease up any time soon, said Mortgage Bankers Association economists.

MBA Forecast: Recession Likely in 2023, Mortgage Originations to Decline 9% to $2.05 Trillion

NASHVILLE—The Mortgage Bankers Association said total mortgage origination volume is expected to decline to $2.05 trillion in 2023 from the $2.26 trillion expected in 2022. Purchase originations are forecast to decrease by 3 percent to $1.53 trillion next year, while refinance volume is anticipated to decline by 24 percent to $513 billion.

MBA White Paper: Office Market ‘Likely Changed Forever’

The ongoing tug of war between employers and employees about returning to the office will accelerate as pandemic-related impacts fade, according to a new Mortgage Bankers Association white paper.

MBA White Paper: Office Market ‘Likely Changed Forever’

The ongoing tug of war between employers and employees about returning to the office will accelerate as pandemic-related impacts fade, according to a new Mortgage Bankers Association white paper.