May 18, 2024
Mortgage

Mortgage job cuts slow for market’s peak season

Estimates for mortgage employment data were stable to slightly lower in the latest Bureau of Labor Statistics data, suggesting hesitancy to cut during a period when housing activity typically picks up. The nonbank mortgage estimate for payroll numbers was 269,400 in March compared to 269,900 in February . Whether the near-plateau in job numbers mean

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Loans

Freddie Mac and ICE Collaborate to Help Lenders Improve Loan Quality

Freddie Mac LAS VEGAS, March 19, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced they’re working together to bring greater loan quality to the mortgage origination process so lenders can effectively serve more borrowers while reducing risk. The collaboration will leverage both

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