The Bureau of Labor Statistics announced 254,000 jobs were added in September, with the unemployment level still relatively flat at 4.1%.
Tag: Wells Fargo

Mortgage Industry Steps Up to Assist Homeowners Affected by Hurricane Helene
(Updated Oct. 7) This is a developing story that will be updated regularly. If you are aware of an effort by a mortgage company to provide relief or help to areas affected by Hurricane Helene, either directly or via fundraisers or donations, please contact us.

U.S. Economy Adds 206,000 to Payroll in June
Total nonfarm payroll employment was up by 206,000 in June, and the unemployment rate was at 4.1%, per the U.S. Bureau of Labor Statistics.

Inflation Increases Slightly in December
The headline inflation rate increased modestly during December, the Bureau of Labor Statistics reported Thursday.

MBA Launches CONVERGENCE Philadelphia
The Mortgage Bankers Association on Wednesday launched CONVERGENCE Philadelphia, its third city-based pilot program to promote and increase minority homeownership. CONVERGENCE Philadelphia joins initiatives underway in Memphis, Tenn., and Columbus, Ohio.

Wells Fargo Leads MBA 2020 Commercial/Multifamily Servicer Rankings
The Mortgage Bankers Association released its year-end ranking of commercial and multifamily mortgage servicers’ volumes, with Wells Fargo Bank N.A. at the top with $712 billion in master and primary servicing.

MBA: 2019 Multifamily Lending Up 7% to Record High
Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units, according to the Mortgage Bankers Association’s 2019 Multifamily Lending Report.

#CREF2020: PNC, Wells Fargo Lead MBA 2019 Year-End Commercial/Multifamily Servicer Rankings
SAN DIEGO–The Mortgage Bankers Association released its year-end ranking of commercial and multifamily mortgage servicers’ volumes as of December 31, here at the MBA 2020 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.

#CREF2020: PNC, Wells Fargo Lead MBA 2019 Year-End Commercial/Multifamily Servicer Rankings
SAN DIEGO–The Mortgage Bankers Association released its year-end ranking of commercial and multifamily mortgage servicers’ volumes as of December 31, here at the MBA 2020 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.