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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 -
The relatively small addition of 266,000 positions to the broader market in April suggests that income uncertainty, which could impact some borrowers’ ability to qualify for or pay loans, could become a concern among lenders and brokers.
May 7 -
Also, per-loan compensation keeps dropping due to the persistence of refinancing in the mix but it could rise as the purchase share of the market increases.
May 5 -
A cross-training strategy that hasn’t been widely used since the Great Recession is coming back into vogue among outsourcers.
March 5 -
2020’s mortgage employment numbers proved to be slightly higher than previously estimated when reconciled with the Bureau of Labor Statistics’ annual business census.
February 5 -
The estimates in the Bureau of Labor Statistics latest numbers were only marginally higher than the previous month, which may reflect more deliberate hiring and a preholiday slowdown.
January 8 -
Even with a slight downward revision to September’s numbers, employment in the industry remained incredibly high through October as home-loan refinancing continued to surge.
December 4 -
With the coronavirus cutting employment or wages in 32% of households, the number of potential homebuyers could shrink and cause home price growth to hit its inflection point, analysts say.
November 13 -
The forbearance rate continued recovering in lockstep with employment improvement, according to the Mortgage Bankers Association.
November 9 -
A number of unknowns about the election and the coronavirus response kept consumer confidence in check, according to Fannie Mae.
November 9