People

HUD official Alanna McCargo takes over the top job at the government corporation, which has had a series of acting leaders since 2017.

A Dallas policy that is supposed to tackle affordable housing shortages doesn't do enough to address systemic racial and economic barriers residents face, according to a new report.

The Federal Housing Finance Agency found several comments that could lead to fair lending concerns in the “neighborhood description” section of reports.

CFO Kevin Ryan will handle the day-to-day running of the company, as it works toward going public via its revised SPAC merger.

Also, PennyMac appoints new managing director as its COO steps down, and Cenlar, Deephaven grow their business development teams.

But the latest employment report also reveals that if construction hiring remains sufficiently strong, home purchase originations are on track to grow to $1.7 trillion from $1.6 trillion next year.

Chryssa Halley, who has been with the company since 2006, was named CFO and Jim Holmberg was named controller.

The company appointed regulation and compliance expert Sonny Abbasi to serve as general counsel following a fund-raise of $52.5 million earlier in the quarter.

Guaranteed Rate and Planet Home name technology officers, while several companies ramp up efforts in reverse mortgage lending.

Some states are increasing their requirements for home valuation professionals as housing officials warn that they consider mortgage lenders responsible for equitable practices too.