Layoffs Begin at loanDepot, Continue At Mr. Cooper Group
loanDepot did not disclose numbers; 420 Mr. Cooper Group employees laid off, including 120 in California.
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Steve Goode
Staff Writer
Steve Goode was a staff writer at NMP.
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Mortgage Applications and Interest Rates Both Decline Again
According to the latest Mortgage Bankers Association weekly mortgage application survey, applications decreased by 2.3% from last week.
May 31, 2022
Equifax Telling Lenders Of Potential Errors In Credit Scores
About 12% of customers may have been affected, according to a source.
May 27, 2022
Pending Home Sales Down Again
Sixth consecutive month of declines
May 26, 2022
Fixed-Rate Mortgages Decrease
Adjustable rate mortgages going up.
May 26, 2022
Homebuyer Affordability Drops With Jump In Monthly Payments
The national median payment applied for by applicants jumped 8.8% in April to $1,889 from $1,736 in March.
May 25, 2022
Many Seller-Buyers Considering Out-Of-Market Move
Nearly half (45%) of 2022 seller-buyers plan to buy outside of their current city or town; 9% say they would move out of state for better deals.
May 25, 2022
Mortgage Applications Down Again
Applications fell 1.2% from a week earlier.
May 25, 2022
Consumer Confidence In Finding Affordable Housing Wanes
Average perceived likelihood of an increase in housing assistance and affordable housing over the next 12 months declined to 37% in April 2022, from a peak of 52% in August 2021.
May 23, 2022
Monthly Rental Costs Increase Putting Strain on Renters
Realtor.com reported Thursday that the median rent price hit $1,827 in April.
May 20, 2022