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Adolfo Marzol came to the agency after a stint at HUD and a 30-year career in the mortgage industry. He will depart on Dec. 18.

Set alight by the Fed’s low interest rates and bond purchases, the mortgage industry is on fire.

Mortgage industry hiring and new job appointments for the week ending Dec. 4.

Fannie hasn't completed any credit risk transfers to private investors since the second quarter. Some experts worry the decision — likely spurred by the company’s concerns about a recent capital regulation — could put the mortgage giant on unsteady footing.

The money lenders are making on each home loan hit another survey-record high in the third quarter, but it may not be quite as high going forward.

The economic fallout from COVID-19 has highlighted systemic concerns about commercial real estate exposure, business debt and short-term wholesale funding, the Financial Stability Oversight Council said in an annual report.

The results are in the middle of the range provided before the company went public in October.

About 23% of borrowers under 30 got such a loan in October.

The transaction involving 345 high-balance mortgages is just the third sponsored by Morgan Stanley's mortgage acquisition and trading arm since the financial crisis more than a decade ago.

Mortgage rates dropped a basis point this week, reaching the lowest level since Freddie Mac started tracking this data, even though yields on the benchmark 10-year Treasury increased 7 basis points.