Summary List Placement The US posted a surprise decline in payrolls in December and all of the 140,000 jobs lost were held by women, according to data. Analysts had expected an uptick in employment in December but instead American businesses shed 140,000 nonfarm payroll. The country’s unemployment rate stayed steady at 6.7%, according to data […]
Summary List Placement The pandemic can be isolating for many reasons, and relying on video chats to stay connected can get monotonous when you feel like life’s stayed the same. Below are ways to connect with friends or meet new people remotely, from comedy workshops and book clubs to workouts and cooking classes. Read […]
This is the fifth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions for our HW+ members. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel. In each Q&A, we attempt to bring clarity to the top questions around housing supply shortages […]
Summary List Placement Investing my own money always seemed intimidating, even with advisors, because I couldn’t understand the jargon. Below are 8 books I read to help me understand things like index funds, dividends, and how the stock market works, helping me save around $10,000 through investing without an advisor. Read more: 10 online […]
Correspondent and wholesale lender Homepoint is the latest mortgage company to aim for an IPO. The Ann Arbor, Michigan-based lender filed an S-1 with the Securities and Exchanges Commission on Friday afternoon. The company indicated in the S-1 that its price offering was $100 million, generally a placeholder for a larger offering. In its S-1, […]
Summary List Placement The job market is always shifting, but soft skills like emotional intelligence, adaptability, and creativity translate to every career. LinkedIn used billions of data points from its 660+ million members to determine which hard and soft skills matter most to employers in 2020, and which ones are helping LinkedIn members get […]
Summary List Placement The United States lost 140,000 jobs in December. The Bureau of Labor Statistics reported the surprising dip in nonfarm payroll jobs on Friday. As Insider’s Ben Winck reported, economists had actually anticipated that 50,000 jobs would be added. It’s the first decline in a jobs report since April, showing how the recovery […]
For many of us, the start of a new year is usually synonymous with a renewed sense of professional self, focusing on new goals, new prospects for the year and, of course, the excitement for the upcoming spring real estate market. As we think about coming out of this first month of the year, we’ve […]
Secretary DeVos announced that more than $4 billion in additional COVID-19 emergency relief is now available to governors to ensure learning continues for students of all ages and at all schools. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education
Summary List Placement As the pandemic continues, many people can feel deeply isolated or worried about the future. Education can be a powerful tool in mental health management, and online platforms like Coursera, Skillshare, LinkedIn Learning, and FutureLearn contain affordable courses that can help you feel better. The 12 courses outlined below hone in […]
Months after taking over management of broker LOS platform ARIVE, mortgage software startup LendWize has finalized a deal to take complete ownership of the origination platform. LendWize took over management of the platform in early 2020 and integrated ARIVE’s software into its own technology stack. It launched a revised version of the ARIVE platform in […]
Summary List Placement Cover letters are crucial to getting noticed as a job applicant, but the process of writing a strong one can be mystifying and frustrating. Below are five classes to help you craft a cover letter that stands out (while also using keywords and formatting to help it get through screening software). […]
Summary List Placement The US economy saw a surprise decline in payrolls in December as stricter COVID-19 lockdown measures extended the nation’s unemployment crisis into the new year. American businesses shed 140,000 nonfarm payrolls last month, the Bureau of Labor Statistics said Friday. The reading defies consensus economist estimates that foresaw 50,000 job additions, according […]
After three consecutive weeks of increases, the number of mortgage loans in active forbearance fell by 92,000 the first week of 2021, according to a Friday report from Black Knight. This was a 3% drop and the greatest week-over-week decline since early November, largely driven by quarterly forbearance plans reaching their expiration. Black Knight now estimates […]
Summary List Placement Taxpayers will foot the bill for damage caused to the US Capitol from Wednesday’s violent mob attack because the site isn’t covered by insurance, industry sources told Reuters. It’s unknown how much it cost to clean and repair damage to the building in Washington, DC, which was vandalized during the attack after […]
Summary List Placement Does it feel like a dollar buys less than it used to? You’re not imagining things. “It’s inflation,” people sigh. You probably have a rough idea of what inflation means. The cost of things is going up. But what is inflation really, what causes it, and how does it affect your finances? […]
2021 was supposed to be different. In the first days of the New Year, we have been dealing with a new strain of COVID, vaccinations aren’t going as planned and the political drama is hotter than ever. It was starting to seem like 2020 all over again. But it is different. On Jan. 5 the […]
Summary List Placement A top gauge of the US service sector unexpectedly improved in December as the holiday season brought an influx of new orders and boosted business activity. The Institute for Supply Management’s services index climbed to 57.2 from 55.9 last month, according to a Thursday press release. The reading is the highest since […]
The average U.S. mortgage rate for a 30-year fixed loan fell two basis points this week to 2.65% – the lowest rate in the Freddie Mac’s Primary Mortgage Market Survey’s near 50-year history. This week’s mortgage rate broke the previous record set on Dec. 24. With this week’s record drop, there have now been 22 consecutive weeks when average mortgage […]
Summary List Placement The number of Americans filing for unemployment insurance dipped slightly last week as the coronavirus’s economic fallout dragged the unemployment crisis into the new year. New US jobless claims totaled an unadjusted 787,000 for the week that ended Saturday, the Labor Department said Thursday. Economists surveyed by Bloomberg expected 800,000 claims. The […]
Mortgage tech is already off to the races, with companies introducing new digital products early in 2021. Digital mortgage platformer Blend is back this week, announcing that they are furthering their Freddie Mac partnership by integrating the GSE’s automated underwriting system, Loan Product Advisor. With the integration, Blend will have access to the companies Dual […]
To generate buzz for its upcoming independent public offering, United Wholesale Mortgage (UWM) is offering a special deal on conventional mortgage loans to select borrowers for the next two months. “We’re going to celebrate this exciting time by kickstarting 2021 with 61 basis points for the next 61 days on all of our conventional W2 […]
For many middle-aged and older homeowners with several years of equity on their homes, 2021 could be a prime time to refinance from a 30-year fixed-rate mortgage into a 15-year mortgage. The three primary reasons homeowners refinance to shorter-term loans are to save money on interest, to pay off the loan faster, and to build […]
Summary List Placement “I want it, I got it.” So sings Gen Z and millennial muse Ariana Grande in “7 rings.” The pop star goes on to detail all of the things that she can buy with her reported $150 million fortune — eyelashes, diamonds, hair. “Whoever said money can’t solve your problems/Must not have […]
Summary List Placement Employment shrank in December for the first time in eight months as stricter COVID-19 lockdown measures cut into economic growth. The country’s private sector shed 123,000 payrolls last month, according to the ADP monthly employment report published Wednesday morning. Economists surveyed by Bloomberg expected an increase of 75,000 payrolls. The decline is […]
Dr. Dre says he will be “back home soon” after the music mogul received medical treatment at a Los Angeles hospital for a reported brain aneurysm. The rapper and producer said in a social media post Tuesday night that he’s thankful for the “well wishes.” TMZ reported that he suffered a brain aneurysm Monday and […]
Mortgage applications dropped 4.2% from two weeks prior, according to the latest report by the Mortgage Bankers Association. Mortgage rates continued 2020’s trend at historically low figures, with the 30-year fixed rate at 2.86% and the 15-year fixed rate at a survey low of 2.40%, according to Joel Kan, MBA’s associate vice president of economic […]
Tanya Roberts, who captivated James Bond in “A View to a Kill” and appeared in the sitcom “That ’70s Show,” has died, several hours after she was mistakenly declared dead by her publicist and her partner. She was 65. Lance O’Brien, her companion of nearly two decades, told The Associated Press on Tuesday that Cedars-Sinai […]
The 2021 Grammy Awards will no longer take place this month in Los Angeles and will be broadcast in March due to a recent surge in coronavirus cases and deaths. The Recording Academy told The Associated Press on Tuesday that the annual show would shift from its original January 31 broadcast to an unspecified date […]
WASHINGTON – U.S. Secretary of Education Betsy DeVos announced today that more than $54 billion in emergency relief funding is now available to support fully reopening K-12 schools, facilitate continuity of learning, and measure and address the learning loss caused by a lack of in-person learning opportunities. This funding is allocated by the Coronavirus Response […]
Summary List Placement SEE ALSO: A Gen Z cofounder wants to give his generation a financial education through his app. He says it’s like the Duolingo of financial literacy. DON’T MISS: Jeff Bezos giving $10 billion to fight climate change in February was the single largest donation of 2020 Join the conversation about this story » NOW […]
Months after it delayed its $250 million initial public offering, AmeriHome has signaled that it may now be ready to enter the public markets. The lender and servicer filed updated paperwork with the Securities and Exchanges Commission on Monday detailing its performance through Sept. 30. According to the updated S-1, AmeriHome, owned by asset management […]
Chicago-based lender Guaranteed Rate is acquiring wholesale lender Stearns Lending for an undisclosed sum, multiple sources told HousingWire Tuesday. Employees at Stearns, a multi-channel lender that is owned by financial giant Blackstone Group, were told in an all-hands call on Tuesday afternoon, sources told HousingWire. Neither Guaranteed Rate, a heavy hitter in retail lending, nor […]
Summary List Placement The $10 billion Jeff Bezos gave in February to launch the Bezos Earth Fund, an initiative seeking to combat climate change, has been deemed the single-largest charitable gift of 2020 by The Chronicle of Philanthropy. Bezos announced the multibillion-dollar gift and the creation of the Bezos Earth Fund on Instagram. His announcement […]
The Housing Policy Council has weighed in on the Conference of State Bank Supervisors’ new proposed standards for nonbank mortgage servicers. In its comments, HPC suggests that regulators need to align on the regulations in order to avoid disruption. In October, CSBS made a controversial move to issue a final rule with proposed prudential standards for nonbank mortgage […]
Andrew Savoia, a 24-year-old Arlington, Virginia, cello player has taken social media by storm, posting TikTok videos of himself performing instrumental covers of modern pop and hip- hop songs. One of his first viral videos, cover of “Come Get Her” by the hip-hop duo Rae Sremmurd, had over 3 million views. Maxim Moskalkov has the […]
Andrew Savoia, a 24-year-old Arlington, Virginia, cello player has taken social media by storm, posting TikTok videos of himself performing instrumental covers of modern pop and hip- hop songs. One of his first viral videos, cover of “Come Get Her” by the hip-hop duo Rae Sremmurd, had over 3 million views. Maxim Moskalkov has the […]
Summary List Placement Manhattan-based educational consultant Wendy Levey has deep roots in New York City’s preschool scene. She founded Epiphany Community Nursery School, a premiere preschool on the Upper East Side, in 1975 and served as the director for 45 years before closing it in early 2020. She also founded ECNS ETC (formerly Rhythm and […]
SimpleNexus, a digital mortgage startup, announced on Tuesday that it picked up $108 million in a Series B funding around. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments. The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect […]
Summary List Placement A calculator developed by the Center for American Progress (CAP) shows you exactly how much money you stand to lose by quitting your job during the pandemic – something many people, particularly women, are considering as the coronavirus crisis strains their time, caring responsibilities, and mental health. CAP originally created the tool […]
The Midwestern state of Indiana this year will be host to the entire men’s college basketball tournament, also known as March Madness, the NCAA announced Monday. The college athletic group is attempting to create a “bubble,” or an isolation zone, in an attempt to protect the college athletes from contracting COVID-19, the disease caused by […]
Tanya Roberts, who captivated James Bond in “A View to a Kill” and later played Midge Pinciotti in the sitcom “That ’70s Show,” has been hospitalized after falling at her home. The actor had mistakenly been reported dead by her publicist earlier Monday. Later Monday afternoon, Roberts’ publicist, Mike Pingel, told The Associated Press that […]
Summary List Placement Finding your ideal career path is less about looking for a “dream job” and more about assessing the day-to-day tasks you enjoy doing. Below are 15 online courses, books, and free resources to help you find what you like, take steps towards a career transition, or improve a current job. Read […]
ReverseVision, a reverse mortgage technology provider, announced on Monday its president, Joe Langner, will now serve as both president and chief executive officer after just nine months with the company. Langner will succeed former CEO John Button, who had previously held the title for over nine years and who will continue to advise the corporate […]
The end of 2020 won’t necessarily mean saying goodbye to the favorable 2% mortgage rates that hit historically-low levels 16 times over the past 12 months. In fact, most industry observers believe rates will remain at the same low levels in 2021 as the Federal Reserve uses low rates as a weapon to combat the […]