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30-year rate hits highest point since 2009: The jump in mortgage rates comes as the Federal Reserve intensifies its fight against inflation. Read more
Rapid Pace of U.S. Job Growth Stretched Into April: Employers added 428,000 jobs—the 12th month of gains above 400,000—and the unemployment rate remained at 3.6%. Read more
Doma lays off 15% of work force as Q1 revenue declines: Order volume down on both refinance and purchase sides. Read more
loanDepot reports loss of $91.3M in Q1: Firm plans to reduce marketing, personnel expenses, but doesn’t expect to be profitable in 2022. Read more
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