Mortgage Jobs Expand Despite Sharp Broker Drop
Although job growth among all U.S. industries slowed last month, prior-month data was revised up and unemployment fell to its lowest level in nearly a half-century. Despite a steep decline in mortgage brokers, non-bank mortgage jobs expanded.
Mortgage Jobs Contract Despite Broker Growth
A monthly expansion in the size of the mortgage broker workforce wasn't enough to push mortgage headcount higher. In the overall job market, employers filled more positions last month.
Mortgage Events for MSR Market, Brokers
Mortgage market participants interested in servicing rights, mortgage brokers or regulatory compliance have multiple events they can attend over the next several months.
Non-Bank Mortgage Jobs Expand 3 Months in Row
Monthly mortgage job gains continued for the third consecutive month. Among all U.S. industries, jobs data for last month was healthy.
Mortgage Employment Expands Despite Broker Drop
After sinking to the lowest level since the turn of the century, unemployment rose as the labor participation improved. Despite a drop in broker count, non-bank mortgage employment grew.
Broker Jobs Off Despite Rise in Mortgage Headcount
New government data indicate U.S. employment was strong last month. In the mortgage industry, overall staffing expanded even though broker count fell.
Branded Mobile App for Mortgage Brokers
Mortgage brokers can now have their own branded application for mobile devices without having to make technology investments.
Non-Bank Mortgage Jobs Contract, US Jobs Data Weak
Monthly non-bank mortgage staffing -- including mortgage brokers -- contracted, while jobs data for all industries was weak. But the nation's unemployment rate fell to the lowest level since the turn of the century.
Mortgage Jobs Expand, Bond Yields Decline
Not only did the number of non-bank mortgage jobs expand on a monthly basis, but a weak overall jobs report has bond yields -- and potential home loan rates -- lower today.
Worst Wholesale Mortgage Lenders
A ranking of wholesale mortgage lenders has the likes of Freedom Mortgage Corp. and Stearns Lending LLC listed among the worst wholesalers.