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Ops, MLO, Management Jobs; Broker, Non-QM, Communication Tools; AmeriHome/Western Alliance Deal Numbers

Ops, MLO, Management Jobs; Broker, Non-QM, Communication Tools; AmeriHome/Western Alliance Deal Numbers
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MBA: Mortgage Applications Increased by 8 1% — RISMedia

Calculated Risk

Private sector employment increased by 174,000 jobs from December to January according to the January according to the December ADP National Employment Report®. . The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. “The labor market continues its slow recovery amid COVID-19 headwinds,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Although job losses were previously concentrated among small and midsized businesses, we are now seeing signs of the prolonged impact of the pandemic on large companies as well.” emphasis addedThis was well above the consensus forecast of 45,000 for this report.

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

Mortgage applications increased 8.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 29, 2021. . The Refinance Index increased 11 percent from the previous week and was 59 percent higher than the same week one year ago. The seasonally adjusted Purchase Index increased 0.1 percent from one week earlier. The unadjusted Purchase Index increased 8 percent compared with the previous week and was 16 percent higher than the same week one year ago. “After increasing for three consecutive weeks, the 30-year fixed mortgage rate dropped 3 basis points to 2.92 percent. The one-week reversal in the recent upswing in rates drove an increase in both

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