Industry Watch: Redwood Trust acquires Riverbend, Enact secures line of credit and more
Reading Time: < 1 minuteSprout Mortgage closed its doors, ceasing operations and terminating its workforce during a conference call. Floify added single sign-on (SSO) functionality to its mortgage point-of-sale system. SSO utilizes a centralized authentication service where one set of login credentials can be used to access multiple systems and applications. Floify’s SSO is an optional feature that can be […]
June jobs report shows strength of labor market, but is it enough to quell inflation fears?
Reading Time: 2 minutesThe latest jobs report from the U.S. Bureau of Labor Statistics revealed that, despite ongoing fears about the state of the economy, nonfarm employers across the country added 372,000 new jobs in June, exceeding economist expectations as the labor market continued to roll. It marked the fourth consecutive month with more than 350,000 added jobs […]
