People

Also named the chairman of Home Point, the onetime single-family EVP’s latest appointment is his third in the past two years.

A “small number” of the more than 3,000 workers were affected by the snafu, the company said.

The lender is cutting approximately 3,000 employees in both the U.S. and India three months after its notorious December firing.

The long-awaited Community Reinvestment Act reform plan is likely to address climate change and bank partnerships with nonbank lenders, while also taking into account the shrinking number of U.S. bank branches, government officials said Monday.

But recent rate drops in response to the Ukraine invasion and increases in broader employment suggest another uptick in housing finance payrolls is not out of the question.

New research shows that young Americans are finding it increasingly difficult to buy a home of their own. The co-author of a series of reports will delve into discoveries around the factors why.

Affordable housing and legal expert Sharifa Anderson returns to the government-sponsored enterprise after prior roles at the Federal Home Loan Bank of Pittsburgh and HUD.

Mortgage companies can open doors to homeownership for more minorities by incorporating low-down-payment financing options; closing cost credits; down-payment assistance; diverse, in-market sales teams ready to provide access and support; and more, writes the chair of the Mortgage Bankers Association.

Panorama Mortgage Group and Hunt Mortgage also appoint COOs, SitusAMC adds to its title sales team and non-QM lender Sprout finds head of TPO business with internal promotion.

More company leaders have resigned as Better.com continues to pursue new executives in an attempt to fix its internal culture.