http://mattsteinmetz.com/blog/envoy-hires-ca-underwriter/
The above link shows a post where I talk about Envoy Mortgage’s new underwriting center in Irvine, CA. We are now hiring an underwriter and senior processor. If you or someone you know has experience as an underwriter or senior processor let me know.
Envoy Mortgage is also looking to fill these positions in Houston and Atlanta.
I will be attending this event and am the Treasurer for the CCAR YPN. This is an exciting new networking group and I look forward to all of our future events, starting with this party!
The ADP report came out today with much worse unemployment data than expected, though better than May numbers . Tomorrow is the official day for the jobs report and the ADP report is not totally reliable it is a sign that June was not a good month for employment figures. An unstable economy may push investors to the bond market for safety which would help improve mortgage rates. Counteracting this event is China’s manufacturing sector, which is currently expanding. This gives the stock market a boost as investors may feel that the global economy may be recovering. Remember stocks and bonds are usually on a see-saw so when investors put money in one, they take money out of the other. For mortgage rates to improve investors need to put their money in the bond market.
Though rates are still great and in the 5′s, the weekly mortgage application report shows applications are down 18.9% per the Mortgage Bankers Association. Have a great day, as of today the week and the year are half over.
Oh and California is broke and paying people with IOU’s! This will affect the nation as CA consists of 12% of the nations gross national product.
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