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A new state study suggests that mortgage lenders are putting up barriers to home ownership among people of color.

The acting comptroller of the currency said new CECL standards will help banks weather current economic uncertainty. He also touted the benefits of diversity in risk management.

Following peaking at 7.08% on Nov. 10, the 30-year fixed has come down three-quarters of a percentage point, Freddie Mac said.

Alan Hartwell is group chief technology officer at IRIS Software Group and is responsible for evolving IRIS' cloud software offering and further developing its product engineering capabilities to support its increasingly international expansion. Hartwell brings over 25 years' senior level experience supporting and leading the acquisition, consolidation and integration of products and technologies.

Lenders added jumbo and adjustable rate mortgage products during November, both of which have had lower interest rates than conforming loans, the Mortgage Bankers Association said.

Natalia M. Greene, Esq., CPE, is senior vice president of risk management of Lemme, a division of EPIC.

The California-based non-QM lender plans to continue onboarding "as many more Athas employees as [they] possibly can," the company's president said.

Despite a large annual increase, new foreclosure starts are still only near 80% of pre-pandemic levels.

Jason Hammersla is the VP of communications at American Benefits Council, a Washington D.C.-based public policy organization that advocates for employers on critical matters of employee benefits policy.