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Mortgage lenders are increasingly relying on third-party data to determine the amount of incentive to offer.

Katie Jones is the third woman added to the GSE’s chief officer ranks in the past year.

Bank of America is keeping to its original hiring plans despite challenging economic conditions that have prompted others to pull back, Chief Executive Brian Moynihan said.

Goldman Sachs Group, Morgan Stanley, JPMorgan Chase and Citigroup each reported a substantially larger workforce in the second quarter compared with a year earlier. Across the six biggest U.S. banks, the average gain in employment was 5.5% compared with mid-2021.

Wells Fargo CEO Charlie Scharf hired Mike Weinbach in 2020 as part of a broader organizational shake-up. The former JPMorgan Chase executive is leaving in mid-September as the consumer lending group transitions to a new leader.

The outspoken former Trump administration official recently made headlines when he referred to the mortgage industry as a “ticking time bomb.”

And as long as broader unemployment remains low and inflation stays high, monetary policymakers will likely keep raising short-term rates in ways that could challenge home lending.

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.