People

As bidding wars raged on and mortgage rates remained near historic lows, housing market confidence grew in August, according to Fannie Mae.

New Yorkers fleeing the city and cooped-up workers in cramped home offices are helping fuel a hot home sale market in Connecticut, with properties selling at a dizzying pace.

While employment typically ebbs as home buying slows in the fall, several nonbanks have ambitious hiring plans in the works, which call for them to add thousands of workers by year-end.

Mortgage industry hiring and new job appointments for the week ending Sept. 4.

Mr. Cooper plans to hire an additional 2,000 employees by the end of this year as record low interest rates spur home purchases and mortgage refinancings.

But federal elections and the pandemic make projections on the sustainability of industry profitability especially tricky.

The decision is the latest development in an ongoing dispute between the shuttered company and its regulator.

The third annual survey seeks to identify and recognize the best employers in the industry.

Mortgage industry hiring and new job appointments for the week ending Aug. 28.

Many mortgage companies are hoping to operate remotely through year-end and are asking regulators for relief to that end.