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CalHFA’s executive director Tiena Johnson Hall discusses her agenda for encouraging affordable housing development in the inventory-strapped state.

Solidifi will team up with the initiative originally launched by the National Urban League and Fannie Mae.

The deal between the two fintechs aims to cut mortgage decisioning times for lenders and expand access to financing for consumers.

The fintech’s algorithms are programmed like "Tesla’s self-driving cars," according to the company’s CEO.

Randal Quarles, who oversaw an easing of post-financial crisis rules as the Federal Reserve’s vice chair of supervision, announced he will resign at the end of this year. His departure will leave President Biden with another open seat to fill on the central bank’s board.

Also, Consolidated Analytics names former Cenlar leader COO, Revolution Mortgage moves into new states and Regions finds an affordable housing expert.

Sue Barber takes over the position after leading its Northeast division.

Plans to taper rate stimulus could further dampen industry employment, depending on the extent to which decreased volume is offset by staffing needs driven by the shift to work-intensive purchase loans.

Just to keep up with the growing demand for houses, 61,000 people need to be hired per month to cover attrition, the Home Builders Institute claimed.

James Campbell joins a bank whose mortgage operations generated $178 million in third-quarter revenue.