People

The post had been vacant on a full-time basis following Ryan Zanin's departure in May.

The Department of Housing and Urban Development is investigating allegations that the real estate appraisal standards written by the Washington nonprofit perpetuate discrimination.

The fourth-largest U.S. bank by assets has commissioned an outside law firm to assess its diversity practices. Wells had previously resisted a shareholder proposal that would have authorized a similar review.

By offering financial education through local crisis centers and community groups — and following through with access to credit — many credit unions are building trust with people who had been wary of working with mainstream institutions.

Special-purpose credit programs figure prominently in the recently released equitable housing finance plans of Fannie Mae and Freddie Mac.

Financial downturns hit lower-wealth communities first and cause them to suffer the longest.

Citigroup joined rivals in trimming the ranks of its mortgage workforce as rising interest rates continue to crimp demand in the housing market. 

The industry has cut tens of thousands of positions since January, according to the latest Bureau of Labor Statistics estimates.

Also, SWBC lands two new chief officers, Angel Oak ups its correspondent business team and Movement Mortgage taps industry vets for newly created roles.

A contested home valuation was based on the professional's "racist beliefs" and eschewed industry standards with comparisons of properties away from the majority-white neighborhood, according to the lawsuit.