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Mechanics Bank in Walnut Creek, Calif., has entered the residential mortgage market and hired a banker to lead the new loan group.

Mitsubishi UFJ Financial Group is building a U.S. mortgage-bond trading team as tough lending conditions in Japan spur the nation's biggest bank to expand overseas.

Ocwen Financial has tapped Phyllis Caldwell to become its new chairperson.

Mortgage professional hiring and new job appointments for the week ending Feb. 19.

The mismatch between demand for new homes and the supply threatens to drive up prices and dampen lending.

Millennials are on the verge of becoming the largest cohort of homebuyers. If lenders want to gain and retain their trust, they must start by recruiting a younger, more diverse and gender-balanced workforce.

National Mortgage News readers share their views on the most pressing mortgage and housing topics of the month. Comments are excerpted from reader response sections of NationalMortgageNews.com articles and our social media platforms.

Caliber Home Loans has named former CitiMortgage head Sanjiv Das as its next chief executive.

Despite the outcry prompted by lenders' commercials during Super Bowl 50, customer satisfaction surveys indicate borrowers are more than ready for the ease and convenience of digital options.

Mortgage professional hiring and new job appointments for the week ending Feb. 12.