May Brought Strong Job Gains But Unemployment Rate Still Flat at 3.6 Percent
The U.S. economy added 390,000 jobs in May, above expectations, however the unemployment rate remained flat for a third straight month at 3.6%, according to…
Day: June 6, 2022
Longtime Industry Economist Frank Nothaft Passes Away
Industry reacts to the loss of visionary economist and longtime Freddie Mac exec after sudden passing. The post Longtime Industry Economist Frank Nothaft Passes Away…
EarnUp Expands Mortgage Solutions Leadership Team with Four Additions
EarnUp, a fintech company offering intelligent payment and data solutions for the mortgage industry, has expanded its executive team. Michelle Scanlon is on board as…
May Marks Least Affordable Housing Market in 16 Years
Rising home prices and unpredictable interest rates continue to complicate affordability pressures in the housing market. However, the same dynamics have also served to increase…
Fire-Prone Suburban Home Sales Heat Up
Remote work has allowed more to migrate to the suburbs and rural locations, areas where homes with high-fire-risk are selling for an average of $120,000…
Alternative Credit Scoring Models Matter
Competition ensures a healthy and productive market. Credit scores are no exception. A new study commissioned by VantageScore Solutions, a consortium of the three credit…
FHFA’s 2021 Mission Report Shows Greater Access to Affordable Housing Financing
The Federal Housing Finance Agency (FHFA) has released its inaugural Mission Report that describes the activities of Fannie Mae and Freddie Mac (Enterprises) and the…
Title Insurance Market Sees Double Digit Growth
Reverberations and repercussions from the pandemic continue to move through the real estate market. The latest news of such comes from American Land Title Association…