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National Mortgage News

Foreclosure rate at 11-year low as home equity, employment grow ...
National Mortgage News
Unemployment lows and increased home equity paved the way for the lowest mortgage delinquency rates seen in 11 years, according to CoreLogic.

and more »

Investopedia (blog)

Freddie Mac Launches Program to Help Out-of-Work Mortgage Holders
Investopedia (blog)
Freddie Mac is partnering with NextJob, the re-employment company, to help current homeowners and aspiring mortgage holders that live in "high-needs" areas of the U.S.. In a press release, Freddie Mac said that the program, which falls under its Duty ...
Freddie Mac Launches Initiative to Help Homeowners Find JobsNational Mortgage Professional Magazine

all 15 news articles »

The Daily Courier

State, Yavapai unemployment rates drop again; increase in construction employment continues
The Daily Courier
What could possibly affect all that are mortgage rates. Freddie Mac, which purchases mortgages on the secondary market, reported the average rate for a 30-year fixed-rate loan is now at 4.62 percent. That compares with 4.54 percent the prior week and 3 ...

Dallas News

Expect layoffs as D-FW mortgage industry deals with rising interest ...
Dallas News
This week, mortgage lenders reported that demand for home loans was at a 3-year low.Demand for home refinance loans fell to the lowest point since...

and more »


Freddie Mac to help unemployed mortgage borrowers in high-need ...
A new program from one of the government-sponsored mortgage enterprises will offer job coaching for homeowners who are out of work, and for would-be ...

and more »

Scotsman Guide News

Fannie economist: Mortgage market faces turbulence
Scotsman Guide News
If you look at the employment data in the mortgage industry, it has been flat now for several months. You are starting to see anecdotes of companies laying people off. It is not just that we are conjecturing it. Firms are making some announcements. It ...


United States: How [Untraditional] Gig Workers Are Navigating [Traditional] Mortgage Lending Rules
Mondaq News Alerts
Most homeowners are familiar with traditional mortgage-lending guidelines. Specifically, many mortgage lenders require a buyer to have two years of documented income plus reasonable prospects that those earnings will continue for another several years.
US Mortgage Bankers Lost Money on Loans Originated in 1QBloomberg

all 57 news articles »

National Mortgage News

Nonbank mortgage hiring picks up as lenders prep for homebuying season
National Mortgage News
Seasonal hiring gave employment among nonbank mortgage lenders and brokers a boost in April and partially reversed an earlier decline despite growing signs of consolidation in the industry. Nondepository origination firms employed 338,100 workers ...


As employment rates rise, home delinquencies hit 11-year low
Get smarter. Grow your referral network at Inman Connect San Francisco Limited seating still available, July 17-20. Register Now. CoreLogic released its Loan Performance Insights Report, looking at mortgage delinquency and foreclosure rates in March.

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