REAL ESTATE JERKY DAILY

Industry Update: Jobless Claims Below Expectations, But Still on the Rise

October 5, 2023 · 08:50

Welcome to the "Real Estate Jerky Daily" with host Mike Kelly and Ed Parcaut. In this episode, Mike and Ed discuss the latest job numbers, including initial jobless claims and continuing claims. They also delve into the Challenger job cuts report, revealing the highest amount of job cuts since 2009, excluding the COVID period. The hosts share insights on changes in Fannie Mae's guidelines for rental income and self-employment requirements for mortgage loans. They touch on the issue of attorney opinion letters being replaced by title reports and the potential impact on clients. Additionally, Mike and Ed discuss the importance of cleaning and s