The Chicago Fed National Activity Index for December is scheduled for release at 8:30 a.m. ET.
The Dallas Fed manufacturing index for January will be .
A Peek Into The Markets: US Stock Futures Up On Stimulus Hopes benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
MLO, Ops Jobs; Broker, VOE, Servicing, MI Tools; Imminent Training and Virtual Events Jan 25 2021, 8:15AM
There’s always “stuff” going on in residential lending, right? Capital markets folks have noticed that the big banks are re-entering buying jumbo loans from correspondents. BAML’s pass through channel, Wells Fargo, Redwood Trust, Chase, Citi remind us that banks and investors are cash rich and seeking to put assets on their books at the right price and LTV. Many lenders are concerned about retaining their Ops/fulfillment staff, and what they had to pay them in 2020 to keep the competition from stealing them away. Staffing and technology is critical. Our industry continues to work primarily from home, and IT staffs are ever vigilant about data security and consumer privacy while HR watches the health and safety of employees for those who have come back into the office. The pandemic has driven innovation, which will have long term economic cons
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FHFA House Price Index for November. This was originally a GSE only repeat sales, however there is also an expanded index.
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S&P/Case-Shiller House Price Index for November.
This graph shows the Year over year change in the nominal seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).
The consensus is for a 8.1% year-over-year increase in the Comp 20 index.
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10:00 AM: - Wednesday, Jan 27th -
mortgage purchase applications index.
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2:30 PM: - Thursday, Jan 28th -
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Gross Domestic Product, 4th quarter 2020 (Advance estimate). The consensus is that real GDP increased 4.3% annualized in Q4.
EUR/USD Exchange Rate Sinks as Europe Faces Christmas Lockdowns
The Euro to US Dollar (EUR/USD) exchange rate fell by -0.3% today, with the pairing currently trading around $1.22.
The Euro (EUR) struggled today following the release of the flash Eurozone Consumer Confidence data, which fell by -13.9.
As a result, EUR traders are becoming concerned for the Eurozone’s economy as several key economies in the bloc – included the largest, Germany – have re-entered national lockdowns.
Meanwhile, the DIW institute has predicted that the Germany economy could shrink by -1% in the fourth quarter, topping the first quarter’s downturn.