Tag Archives: Unemployment

With unemployment at record levels, many need to put off mortgage payments through forbearance. However, can unemployment numbers predict the number of homeowners taking advantage of these programs? 

Here's why Doug Duncan, Chief Economist at Fannie Mae, called the latest unemployment data "difficult to interpret."

Recent data indicates that mortgages could fall into delinquency if the relationship between unemployment and delinquency follows a similar pattern as the Great Recession. 

Adding to industry concerns such as servicer liquidity in the face of likely widespread forbearance needs and foreclosure moratoriums, this week's jobless claims include a blow to the housing sector workforce

Despite programs to assist homeowners impacted by COVID-19, an economist said there will be an “extended period” of rising defaults.

Doug Duncan, Chief Economist at Fannie Mae, notes that the increase indicates an expected rise in household financial stress.

With the latest Bureau of Labor Statistics report released, find out how the industry is reacting to a downtick in new employment.

A survey gauges consumer expectations for the coming year. While the signals seem mixed for the housing market, we tease through the numbers to get the big picture.

A survey gauges consumer expectations for the coming year. Signals seem mixed for the housing market, but we’re here to tease through the numbers.

Twenty-eight states had significant year-over-year increases in non-farm payroll employment in February.