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TPO, Subservicing, Marketing, CRA Products; Training and Webinars; Podcast Interview with Dr. Elliot Eisenberg

“People would learn more from their mistakes if they weren’t so busy denying them.” Here’s a little trivia for the compliance folks in the coffee room: The CFPB handles 20,000 consumer complaints per week, and given that financing a home, and then servicing the loan, is the largest financial transaction most individuals go through, you gotta figure a chunk of the 20,000 involve mortgages. While we’re on the CFPB, Director Chopra addressed issues related to refi...
West Virginia United States Robbie Chrisman Kyle Rank Mike Fawaz Kayla Gatmaitan

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Eurozone PMI composite finalized at 47.2, can't jump on the hope train yet

The latest Eurozone PMI Services data brings both a glimmer of optimism and a note of caution to an economic region. The finalized PMI Services for September stood at 48.7, marking an increment from August's 47.9. Composite index also saw a marginal uplift to 47.2 from the previous month's 46.7. While the numbers reflect an uptick, the fragility of the recovery becomes apparent when examining the country-specific data and underlying factors.
Economist At Hamburg Commercial Bank Services For Chief Economist Hamburg Commercial Bank Input Price Index

ADP Job Figures Weigh on Dollar, But Uptrend Still Intact

Dollar softens broadly today, as it seems traders are exercising caution, pivoting their focus towards forthcoming heavy-weight economic data releases from the US in the second half of the week. The greenback's pull back also extends following much weaker than expected ADP private job data. Interestingly, this "bad news is good news" effect is also reflected in the positive turn of DOW futures, suggesting a potential stabilization in the stock markets following yesterday's st...
United Kingdom Hong Kong New Zealand Christine Lagarde Nela Richardson Tim Moore

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