The U.S. labor market appeared to pick up in January, with the economy adding 130,000 total nonfarm payroll jobs, according to data released Wednesday by the U.S. Bureau of Labor Statistics (BLS). The release of this data was delayed due to a partial government shutdown. Despite the strong gains in January, the jobs numbers for…
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Mortgage servicing technology provider Sagent announced on Wednesday that it has appointed Sridhar Sharma as president, effective immediately. In his new role, Sharma will lead Sagent’s global team of fintech and mortgage servicing specialists and work with customers ranging from smaller firms to some of the nation’s largest mortgage servicers. The company said he will…
Mortgage applications decreased 0.3% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Feb. 6. On an unadjusted basis, the index increased 2% compared with the previous week. The seasonally adjusted purchase index decreased 2% from one week earlier. The unadjusted purchase index…
HousingWire’s Rising Stars awards recognize standout professionals ages 40 and under who are driving innovation, leadership and meaningful change across mortgage, real estate and homebuilding. Many past honorees continue to shape the industry long after earning the Rising Stars distinction, taking on expanded roles, leading major initiatives and helping modernize the housing ecosystem. As nominations…