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Calculated Risk

Calculated Risk
calculatedriskblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calculatedriskblog.com Daily Mail and Mail on Sunday newspapers.

Ops, MLO jobs; Marketing, Subservicing, HFA, Warehouse Products; Agency/GSE Changes

Ops, MLO jobs; Marketing, Subservicing, HFA, Warehouse Products; Agency/GSE Changes May 19 2021, 8:02AM Face facts: There are many differences between men and women. One of which is that when returning home from the grocery store, women typically are more level-headed and carry normal bag loads, whereas men typically carry as many bags as possible to save trips, sometimes with unfortunate consequences. I bring this up because the same bag of groceries seems to cost more as time passes, but (here’s your Tuesday Trivia) more shipping containers have been lost, off of ships at sea, in the first two months of this year than normally are lost during an entire year! Economists love talking about how raising the minimum wage impacts the labor force, and inflation, and Bank of America’s announcement yesterday that it is raising its minimum wage to $25/hour by 2025 (catchy) turned a lot of heads. (More inflation news below in the capital markets section.) Tod

Calculated Risk: MBA: Mortgage Applications Increase in Latest Weekly Survey

Mortgage applications increased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 7, 2021. . The Refinance Index increased 3 percent from the previous week and was 12 percent lower than the same week one year ago. The seasonally adjusted Purchase Index increased 1 percent from one week earlier. The unadjusted Purchase Index increased 1 percent compared with the previous week and was 13 percent higher than the same week one year ago. “Mortgage rates fell last week to the lowest levels since February, tracking the dip in Treasury yields. The decline in rates helped the refinance index reach its highest level in eight weeks, driven by a 4 percent

MLO, AE Jobs; Lead Gen, Turn Time, Jumbo Products; Guild/RMS Deal

MLO, AE Jobs; Lead Gen, Turn Time, Jumbo Products; Guild/RMS Deal
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

Calculated Risk: MBA: Mortgage Applications Decrease in Latest Weekly Survey

Mortgage applications decreased 0.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 30, 2021. . The Refinance Index increased 0.1 percent from the previous week and was 17 percent lower than the same week one year ago. The seasonally adjusted Purchase Index decreased 3 percent from one week earlier. The unadjusted Purchase Index decreased 2 percent compared with the previous week and was 24 percent higher than the same week one year ago. “There was a mixed bag of action in the mortgage market last week. Mortgage rates were slightly higher, refinance applications were essentially unchanged, and purchase applications fell for the second straight

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