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Depending on how far rates fall, loan officers could be on the hook for a significant part of their compensation if borrowers refinance in an expedited period.

Bon Salle has more than 30 years of experience in areas that include the mortgage capital markets, and has served on the board at industry fintech Polly.

The bank ends the year with a substantially different profile from early 2024, which brought new leadership, a significant reduction to its mortgage operations and a corporate rebrand.

Workers in the bank's conduct management intake group joined colleagues at 23 Wells Fargo branches in approving a union.

Plaintiffs want to certify a class of 119,100 minority mortgage customers who were unfairly deprived of ultra-low mortgage rates during the refi boom.

Total jobs and nonbank industry payrolls saw gains, but unemployment increased on a net basis too in what's been a volatile bond market.

Valverde, who has a wide range of experience in capital markets and housing finance, will join the government-sponsored enterprise's single-family unit.

Paul Atkins, a noted critic of the Consumer Financial Protection Bureau, will join the Financial Stability Oversight Council, where he will play a role in shaping housing policy.

In a wide-ranging interview, Tim Bowler, president of ICE Mortgage, discusses his views of the road ahead, the most crucial aspects of servicing distressed homeowners and why he took a mid-career role as an intern.

Pennymac alums find new home, Dark Matter names CEO, Optimal Blue promotes from within, plus more mortgage industry moves.