People

The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem.

Mortgage industry hiring and new job appointments for the week ending Nov. 20.

Freddie Mac representatives would not comment on the sudden resignation of Brickman. Interim CEO Michael Hutchins has served as Freddie’s executive vice president of investments and capital markets since January 2015.

With the coronavirus cutting employment or wages in 32% of households, the number of potential homebuyers could shrink and cause home price growth to hit its inflection point, analysts say.

Mortgage industry hiring and new job appointments for the week ending Nov. 13.

The forbearance rate continued recovering in lockstep with employment improvement, according to the Mortgage Bankers Association.

A number of unknowns about the election and the coronavirus response kept consumer confidence in check, according to Fannie Mae.

The new record in third-party originator hiring numbers adds to indications that some lenders have been leaning harder on the wholesale channel to address capacity issues amid the origination boom.

Mortgage industry hiring and new job appointments for the week ending Nov. 6.