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A rise in coronavirus cases and the removal of a 50-basis-point adverse market fee designed to protect Fannie Mae and Freddie Mac during the pandemic contributed to the largest weekly drop so far this year.

Scott Domann is the chief people officer for Calm.

The relatively low share of borrowers who were distressed in June adds to signs that the offramp from government relief measures may not lead to an overwhelming wave of foreclosures.

Mike Zarrillo is Chief Revenue Officer at Brella, a modern supplemental health insurance company, and co-host of the Better Benefits podcast. Mike brings years of experience from Guardian Life, Liberty Mutual, Maxwell Health, AIG, and The Hartford. A strategic and entrepreneurial business thinker, Mike’s experience in the group, voluntary/supplemental, and benefits administration spaces guide his leadership at Brella. He lives with his family in Charlotte, North Carolina.

As the distribution of at-risk housing markets spread across more states quarter-over-quarter, vulnerable clusters remained around Chicago, New York and Philadelphia, an Attom Data report finds.

Tom Sporkin serves as Managing Director, Enforcement at CFP Board, the professional body for personal financial planners in the U.S. He leads a team of attorneys and legal staff in the detection, investigation and prosecution activities. Tom possesses decades of experience in enforcement and regulatory compliance, including 20 years in the SEC’s Division of Enforcement  where he served in various  leadership roles including co-managing the Office of Internet Enforcement, and, in the aftermath of the financial crisis, establishing and managing the Office of Market Intelligence, which included the Office of Market Surveillance and the SEC’s Whistleblower program.

Regulators should create a simple liquidity formula that allows the secondary market to function rather than using depository rules as a model, writes the head of Whalen Global Advisors.

The meager increase suggests the largest boost in inventory possible would likely still leave the backlog of homes on the market at historic lows.

More units sold above asking price as skyrocketing home values pushed consumers out of the single-family market, according to Redfin.

While the unit saw a bigger increase in purchase volume compared to its competitors, net income, loan sales margins and total volume was lower compared with prior periods.