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Mortgage industry hiring and new job appointments for the week ending Dec. 18.

The Johnny Isakson and David P. Roe Veterans Health Case and Benefits Improvement Act includes a provision that extends eligibility for VA loans to certain full-time National Guard and Reserve members.

The Federal Reserve has already agreed to shut down emergency credit programs funded by the Coronavirus Aid, Relief and Economic Security Act, but Sen. Pat Toomey, R-Pa., and others want Congress to ensure the central bank cannot revive them.

The boom continues, with refinances making up a 61% share of all mortgage loans issued that month, according to Ellie Mae.

Noninterest income has bolstered profits this year. But its growth is expected to slow over the next two years, making for a gloomy earnings outlook unless vaccine distributions and the economic recovery are relatively swift.

The proposal builds on guidance the agency gave to Fannie Mae and Freddie Mac earlier this year.

Fiscal policy concerns, rather than economic data, are driving rate changes right now, economist says

Single-family starts rose for a seventh month to a 1.186 million annualized rate that was the highest since 2007.

The percentage of seriously delinquent loans hit 5.8% in the third quarter, up from 1.5% a year earlier but down from 6.8% in the second quarter.

While the haggling tapered off slightly alongside the housing market’s seasonal slowdown, home sales remained five times more competitive than the year before, according to Redfin.