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Bay Equity Home Loans hired Spencer Richardson as its director of Northwest production.

John Robbins has created mortgage production platforms from scratch before, most notably with American Residential Mortgage and American Mortgage Network.

Truckloads of Realtors – more than 10,000 of them, according to their leader – will swarm Capitol Hill Thursday with this familiar message for lawmakers: Housing is key to the economic recovery.

An answer to why people hold their job in the mortgage marketplace or elsewhere does not come by so easily. Do people work simply to survive, or because it’s enjoyable and meaningful? The world of work is in a state of transition. It is now facing a new direction.

John Robbins has created mortgage production platforms from scratch before, most notably with American Residential Mortgage and American Mortgage Network. But his latest venture, he admitted, was in at least one way a little more difficult because of how the industry environment has changed in the past few years.

Matt Zames, the head of capital markets for JPMorgan Chase's mortgage banking division, as well as co-head of global fixed income in its investment bank, has been named the new chief investment officer for the company.

LendingQB, Costa Mesa, Calif., named Holt Crowder to its business development team.

Donna DeMaio, most recently the president and chief executive of MetLife Bank, has joined United Guaranty Corp. as its chief operating officer.

A major shake up in the senior ranks at Arch Bay Capital has taken place with several departures from the company, according to three nonperforming loan investors that have conducted business with the firm.

Freddie Mac's new chief executive, Donald Layton, urged critics to keep an open mind about the troubled government-sponsored enterprise and pledged to focus on "the nuts and bolts" to improve efficiency.