Career moves

Eagle Bancorp in Bethesda, Md., has hired four bankers to a develop a business line making Federal Housing Administration-insured loans for multifamily rental properties.

Employment at nonbank mortgage lenders and brokers was down in November, according to the latest Bureau of Labor Statistics data.

Wells Fargo & Co. has promoted Carmen Bell to senior vice president of its mortgage default servicing unit.

JPMorgan Chase has appointed a new head of mortgage servicing to replace Mike Weinbach, who recently stepped down from the role to become the chief executive of mortgage banking.

Mortgage professional hiring and new job appointments for the week ending Jan. 8.

While it searches for a permanent deputy director, the Consumer Financial Protection Bureau has named David Silberman to serve as its acting No. 2 starting next week.

Owens Realty Mortgage has promoted its chief financial officer, Bryan Draper, to chief executive and president.

KeyCorp is hiring Royal Bank of Canada's head of mortgage-bond trading, Joe Vaccaro, and structured products salesman Mike Corsi as the regional lender expands its bond business, according to three people with knowledge of the matter.

As the mortgage industry begins the New Year, National Mortgage News takes a look at the biggest trends and topics that will shape 2016.

The Sarbanes-Oxley Act of 2002 is important, but it barely scratches the surface of former House Financial Services Committee Chairman Michael Oxley's impact on banking.