People

California counties must now work to remove decades-old racist language in property records that once banned people of color from buying homes in neighborhoods across the state.

Congressional authorization for credit-preference programs in the Equal Credit Opportunity Act could mitigate disagreements that might arise from the equitable housing finance plans, write two partners at K&L Gates.

Also, Xactus, iEmergent add to their C-suites, Planet Home grows its team and Longbridge Financial finds a chief operating officer.

Hafize Gaye Erkan, whose surprise departure from First Republic Bank disrupted the lender’s succession plans earlier this year, will become chief executive officer of Greystone as the closely held commercial-property lender expands into wealth management and private banking.

The company’s new head held the role of chief operating and growth officer before being elevated to the leadership positions on an interim basis earlier this year.

In the states with the largest share of LGBTQ+ couples, homes cost $116,000 more on average than the states with the lowest share, according to a LendingTree report.

JPMorgan Chase is laying off hundreds of home-lending employees and reassigning hundreds more this week as rapidly rising mortgage rates drive down demand in what had been a red-hot housing market.

The conflicting analyses of automated valuation models highlight a challenge lenders could face in deciding whether to use them to determine racial disparities in home evaluations.

In the face of headwinds, mortgage leaders will stay strong by building on past experience, writes the president of Incenter LLC.

The industry veteran serves on Mortgage Bankers Association board of directors and co-leads its IMB executive council.