Recovery questioned as jobless claims jump

KBRA rates third Invitation Homes single-family 2014-SFR2 Invitation Homes is planning to refinance two of its outstanding single-family rental securitizations originally issued in 2014. A large portion of the properties securing these two transactions, Invitation Homes 2014-SFR2 and Invitation Homes 2014 SFR3, will be bundled into collateral for a new transaction, dubbed Invitation Homes 2017-SFR2, according to rating agency presale reports.

Jobless Claims Up Sharply As Layoffs Persist Last month’s disappointing jobs report got some disappointing company this morning from the Department of Labor. The number of initial weekly jobless claims jumped up 23,000 over the level announced last week, which was itself adjusted upward by 10,000 in today’s report (via Steve Eggleston):. In the week ending April 7, the advance figure for seasonally adjusted initial claims was 380,000.

Recovery questioned as jobless claims jump Trey Garrison was a Senior Financial Reporter for HousingWire.com. His body of works are his views and his views alone.

It’s true that the second quarter of 2018 looks stronger, at 4.1%. It’s the highest reading since 3Q 2014. For example,Fay Servicing promotes Patrick Norton to president of loan originations Recovery questioned as jobless claims jump Jobless claims jump points to slowing recovery. lucia mutikani. While the surprise jump in initial claims.

Fannie Mae announces latest sale of non-performing loans Non-Performing Loan Sales | Federal Housing Finance Agency – Non-Performing Loan Sales. FHFA announced enhanced requirements for the Enterprises’ NPL sales in March 2015. Additional enhancements were announced in April 2016. FHFA believes that the sale of severely delinquent loans through NPL sales will improve borrower and neighborhood outcomes and will reduce Enterprise losses while reducing risk to taxpayers.

Today’s weekly jobless claims report provides. to the dark side on this question. The usual caveat applies, of course: divining the future from any one number in this volatile series can be.

American Homes 4 Rent plans single-family securitization PDF When wall street buys main street – Center for American Progress – When Wall Street Buys main street. 9 Single-family rental securitization may accelerate industry. Rent and Colony American Homes, two new single-family rental firms, are report-.

New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery. Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 500,000 in the week ended August 14, the highest since mid-November, the Labor Department said on Thursday.

A surprising jump in first-time claims for unemployment aid sent a painful reminder thursday that jobs remain scarce six months into the economic recovery. The surge in last week’s claims deflated hopes among some analysts that the economy would produce a net gain in jobs in January and help fuel.

A Tale of Two Loan Modifications, As Investors Sue Countrywide  · components include loan modifications, such as reductions in principal, and short sales, in which borrowers are freed from mortgage debt by selling their homes for less than what they owe.March home sales increase in almost all metros: RE/MAX "Home prices are up and mortgage rates are up," said Frank Nothaft, chief economist with CoreLogic. Nationwide home prices are almost. shoppers in March started their search in 2017 or earlier,".

The latest jobs report shows the unemployment rate was down to 3.9 percent in April, the lowest level since December 2000. But wages are only up 2.6 percent from a year ago. I joined the CBS Evening News to explain what that means for workers. Have a money question? Email me here.

First time unemployment claims took a flying leap this week. The jobless claims surged over 78,000 to a staggering 439,000 across the U.S. The government economists were expecting numbers in the 375,000 range. Many of the media are blaming this shocking increase on the Superstorm Sandy.