Posted To: Pipeline Press

Technology is nice (the latest bit being UWM’s goal of accepting bitcoin by year end; magnetic strips on credit cards are going away ), but our industry continues to seem to struggle to have much-needed diverse speakers at conferences and Zoom calls, and on a bigger scale, disasters are in the news: people of all walks of life are grappling with wildfires, earthquakes, and storm damage. And of course this impacts lenders and servicers. The U.S. Census Bureau examined effects on the earnings of hurricane-affected workers over the short and long term using job-level data to compare the evolution of earnings for affected workers in four states with workers from matched control counties in the wake of sizeable hurricanes. Short-term earnings losses were attributed to job separations, and…(read more)

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Published On: August 18, 2021 / Categories: Mortgage News /