Lee Puschaver has resigned as executive vice president and chief financial officer of the Federal Home Loan Bank of Atlanta to "pursue other interests," according to the FHLBank.The bank said it plans to begin a search promptly to fill the CFO position. Ray Christman, president and chief executive officer of the Atlanta FHLBank, said the bank expects to file its Form 10 registration statement with the Securities and Exchange Commission during the first quarter. The FHLBank can be found on the Web at http://www.fhlbatl.com.
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While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
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The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.
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Nonbank mortgage firm Pennymac said having an in-house system gave it a leg up on implementation, while a vendor also reported progress in its systems testing.
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