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Watch the Latest Appraisal
News Headlines - mortgage employment


Nonbank mortgage employment soars on brighter origination outlook
National Mortgage News
Nonbank mortgage employment rose for the fourth consecutive month in June, as loan production during the second quarter was higher than expected at the start of the year. Nondepository mortgage lenders and brokers added 5,000 jobs in June, bringing ...


Q1 Mortgage Daily Mortgage Employment Index Drops
GlobeNewswire (press release)
DALLAS, Aug. 07, 2017 (GLOBE NEWSWIRE) -- Compared to a year earlier, employment in the mortgage industry has expanded. But as quarter-over-quarter headcount was down, some signs point to an increase in layoffs for the sector. At the conclusion of ...

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Zing! Blog by Quicken Loans (blog)

Why Do Lenders Have to Verify My Employment
Zing! Blog by Quicken Loans (blog)
One of the reasons getting a mortgage can sometimes be frustrating is because there's a lot of work that goes on behind the scenes. Most of that work is done by an underwriter who reviews and verifies the mounds of information you have to supply your ...


Cheyenne mortgage delinquency rate lowest in nearly a decade
Wyoming Business Report
"Strong employment growth and home price increases have contributed to improved mortgage performance," said Dr. Frank Nothaft, chief economist for CoreLogic. "Early-stage delinquencies are hovering around 17-year lows, and the current-to-30-day past ...


NerdWallet (blog)

Mortgage Rates Friday, Aug. 4: Rates Lift Following Strong Jobs Report
NerdWallet (blog)
Mortgage rates for 30-year fixed loans rose two basis points, while 15-year fixed loans and 5/1 ARMs each were up by one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders Friday morning. Despite the ...

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The Mortgage Reports (blog)

Does a low down payment make your offer weaker?
The Mortgage Reports (blog)
The catch is that people are different because their incomes, credit scores, employment history, debts, and other factors vary. It's possible to have a large down payment and be a weak mortgage applicant, while someone with little down who is diligent ...


The Guardian

'I use food banks' – workers on the impact of the pay squeeze
The Guardian
I love my job and what I do but I've had to get a second job delivering parcels on my days off to make ends meet. I use a food bank ... Now I feel poor. One third of my income goes on the mortgage, on a house I could no longer afford to buy at today's ...


Mortgage Rates Today, August 2, Plus Lock Recommendations
The Mortgage Reports (blog)
Mortgage rates today Payroll processing company ADP released its National Employment Report, which shows how many new payrolls the company added last month. It can move mortgage rates because many investors believe it foreshadows Friday's ...

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Will The Gig Economy Change Mortgage Lending?
Mortgageorb
When it comes to mortgage applications, there's a certain drill that every loan officer follows: “How long have you been employed at your current job?” they ask. “Two years? Great. Now let's talk about those pesky debts…” The implications here are ...


Reuters

Jobs lift US consumer confidence to near 16-year high
Reuters
The FHFA's index is calculated by using purchase prices of houses financed with mortgages sold to or guaranteed by mortgage finance companies Fannie Mae and Freddie Mac. "It is very much a sellers' market, so growth is unlikely to slow," said Matthew ...

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