By Rob Chrisman
Posted To: Pipeline Press
Pew Research finds Millennials (18 to 34 years old) have now surpassed Gen X as the largest generation in the workforce. Millennials reached 53.5mm vs. 52.7mm Gen X and 44.6mm Baby Boomers (gradually retiring). Carmen Bell, an industry expert in multiculturalism and millennials, notes that 93% of millennials who currently rent want to and plan to own a home. In other company news, congratulations to Sierra Pacific Mortgage who finished its pilot program with the CFPB in its National eClosing pilot program . (The eClosing pilot program was designed to “test the effectiveness of providing homeowners with electronic documents to help empower them with an understanding of their closing documents, and to offer them a more efficient and streamlined closing process. Homebuyers were presented their…(read more)
Via:: TRID News; eClosing Update; First Time Home Buyer Numbers
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