Key insight: A surprisingly strong jobs report bolsters the argument for the Federal Reserve to raise rates later this month, but much will depend on next week’s consumer price index inflation report. Expert quote: “With economic activity and the labor market in good shape, they are not a large factor in my determination of the […]
Labor market rebounds, but all eyes are on inflation for Fed Read More »
Earlier this month, about a hundred loan officers found out their company was being sold. Envoy Mortgage was buying Mason-McDuffie’s distributed retail operation, a billion dollars of production moving with it, closing by the end of August. Within days, agents who’d been working with those originators went looking to see where they’d landed. Recruiters at
Loan Officer LinkedIn Strategy: Build Authority & Avoid Rate-post Sameness Read More »
The Uniform Appraisal Dataset 3.6 is set to create massive changes to the appraisal industry when it becomes mandatory on Nov. 2, a transition some appraisers don’t want to deal with. With some of an already shrinking appraiser workforce expected to take the new system’s implementation as a cue to retire, a market that faces
Waivers, AUS are lenders’ hedge against any UAD 3.6 crunch Read More »