BLS: 254,000 Jobs Added in September

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

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.

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.

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.