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The deal between the two fintechs aims to cut mortgage decisioning times for lenders and expand access to financing for consumers.
November 16 -
Plans to taper rate stimulus could further dampen industry employment, depending on the extent to which decreased volume is offset by staffing needs driven by the shift to work-intensive purchase loans.
November 5 -
But overall improvement in September employment numbers are likely to encourage the Federal Reserve to begin tapering their asset purchases.
October 8 -
The gain reinforces other estimates that suggest more work-intensive purchase originations have spurred companies to increase staffing. Hiring addressing changing needs in servicing may come next.
August 6 -
The tool is designed to help lenders adjust their underwriting to address the growing faction of non-W2 employees, which is expected to make up half of the workforce by 2027.
July 29 -
The plateau in non-depository estimates for new jobs in the field reported Friday follows anecdotal accounts of reorganization by banks and nonbanks in the past week.
July 2 -
Even though volumes are expected to taper from 2020’s record highs, lenders plan to take on more employees in 2021, according to the Mortgage Bankers Association and McLagan Data.
June 25 -
So far companies plan on using roughly the same number of employees as they shift from handling payment suspensions to assessing borrowers who have seen long-term declines in their incomes.
June 21 -
In the aftermath of 2020’s historic year of mortgage originations, lenders are concerned with keeping employees and insulating themselves from the negative effects of the boom and bust cycle, according to a survey from The Mortgage Collaborative.
June 8 -
The more gradual upward drift in job numbers this year may hint at a slight softening in the market that analysts have flagged.
June 4