Market Watch 666 For 14March 2021
February s consumer and producer prices, January s wholesale trade and JOLTS
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In addition, this week also saw the Mortgage Monitor for January from Black Knight Financial Services, which indicated that 5.85% of all mortgages were delinquent in January, down from 6.08% in December, but up from 3.22% in January of 2020, and that a record low of 0.32% of all mortgages were in the foreclosure process, down from the 0.33% that were in foreclosure in December and down from the 0.46% of mortgages that were in foreclosure a year earlier.
Ops, MLO, AE, Compliance Jobs; HFA, URLA, Servicing Products; Upcoming Training and Events; Rates Stable, For Now Mar 15 2021, 8:25AM
Here we are at the Ides of March: only two weeks until the end of the 1st quarter! The time is flying by and time is precious. Last night I slept on the couch to cut down on my morning commute. It worked! Rates have moved higher in 2021, as certainly the pressure is on rates to move higher rather than lower given the expected end of the pandemic and the resulting economic benefits. Some MLOs are fretting, some are moving ahead with their business plan regardless of rates. In terms of salesmanship, there are some creative techniques out there. In terms of operations, STRATMOR’s current blog is, “Ops: Reducing Friction for the Borrower”. (Lest I forget, today’s audio version of the commentary, featuring an interview with Bill Shirreffs, Sr. Director of MSR Services & Sales Operations at MCT, is sponsored by MCT MSR S
Stock futures rise on a weaker-than-expected report on U.S. inflation; AMC's sales slump but the movie theater chain's CEO is optimistic; Boeing reportedly is close to a large 737 MAX order with Southwest.
WASHINGTON (dpa-AFX) - The market might react to the announcement of the Labor Department's Job Openings and Labor Turnover Survey or JOLTS on Thursday. Early signs from the U.S. Futures Index
U.S. job openings increased in January and layoffs fell, offering more evidence the labor market was regaining its footing after wobbling late in 2020.