Career moves

American Mortgage Consultants has acquired a business unit that handles due diligence and quality control for residential mortgages from Stewart Lender Services.

Independent mortgage banking and brokerage firms added 4,000 employees in November, even as rising interest rates took its toll on loan application volume.

Mortgage industry hiring and new job appointments for the week ending Jan. 6.

Now that it has completed the purchase of its rival private mortgage insurer United Guaranty from AIG, Arch Capital Group plans to trim the sales force while avoiding service disruptions.

President-elect Donald Trump's choice of well-known Wall Street lawyer Jay Clayton to head the Securities and Exchange Commission was a relatively safe move that suggests his other financial appointments may be equally conservative, industry observers said.

The Senate Banking Committee will have six fresh faces in the new Congress as Republicans grapple with a slimmer majority.

This was a year of shocks and surprises, including a multimillion-dollar verdict after one lender sued another, regulations putting a lender out of business, Brexit driving rates down and Donald Trump's election pushing them back up. Here are 10 events and trends from 2016 that changed the industry.

Mortgage industry hiring and new job appointments for the week ending Dec. 30.

Mortgage industry hiring and new job appointments for the week ending Dec. 23.

Andrew Jetter is stepping down as the chief executive of Federal Home Loan Bank of Topeka after serving as the president and the chief executive for 14 years.