MBAA

Fundamentals 11/2: Modest Jobs Growth, Loan Apps, Fed Preview

Jobs -ADP Private jobs for October +110,000 -Previous was +91,000 vs. consensus of 100,000 –Full report Challenger Job-Cut Report -Announced layoffs for October were 42,759. -Down sharply from the previous month’s 115,730 which saw a large number of jobs lost in the U.S. Army. -Together ADP and Challenger paint a picture of modest jobs growth

Mortgage Execs So Behind Curve, It’s Shocking

Last week I received this interesting note about the Mortgage Bankers Conference in Chicago: “I was at the MBA conference, and I loved it b/c it was fascinating to see the different perspectives you get from Mortgage Bankers versus those you get from the Realtors or Mortgage Brokers (the people who frequent the conferences I

Mortgage Execs So Behind Curve, It’s Shocking

Last week I received this interesting note about the Mortgage Bankers Conference in Chicago: “I was at the MBA conference, and I loved it b/c it was fascinating to see the different perspectives you get from Mortgage Bankers versus those you get from the Realtors or Mortgage Brokers (the people who frequent the conferences I

Summary of Mortgage Bankers Conference

One of the questions that folks in the mortgage conference hallways were asking was, “With BofA leaving correspondent, is someone like Chase going to be next?” There is a big difference between hallway chatter and Bloomberg headlines like “MetLife May Sell Mortgage Business.” Here’s the gist: Chief Executive Officer Steven Kandarian, who took the job