Multimedia

Also: Private equity firms to buy Lereta, mortgage rates continue to fall & mortgage applications decline for a second week

The White House's firing of Federal Housing Finance Agency Director Mark Calabria sparked immediate speculation about who will run the agency and help chart the future of the two mortgage giants. Potential nominees include ex-Obama administration officials, congressional staffers and members of the Biden transition team.

Also: Former Zillow execs launch mortgage fintech, housing inventory inches up as lumber prices tumble.

Also, Freddie Mac elects a former NY Fed leader to its board, Cenlar hires a servicing veteran and NewDay USA gains a tech officer.

Also: Critical defects in mortgage files reach highest level in years, interest rates tick up

Also: Homespire, Nations Lending, CapStar make new hires across the country, housing market conditions relax (a bit) in May

Also, commercial financiers Arbor Management, DLP Real Estate, Greystone, Walker & Dunlop enhance their leadership teams, plus more industry moves

Also: Residential delinquencies reach a pandemic low, groups seek to keep mortgage origination and securitization rules aligned

The agency is looking to clarify existing regulations around how these accounts are handled, based on questions it received.

Also: Cloudvirga merges with Stewart Information Services, home price growth makes loans risky and rates dip again.