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More aggressive pursuit of government-related agencies’ affordable housing mission is expanding product availability, but government intervention can be a double-edged sword.

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

All six companies, however, remained highly profitable, as the delinquency and forbearance outlook is favorable for the possibility of rising claims payments.

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

Delinquencies fell in nearly every commercial-loan category, at trend anticipated to continue.

A greater share of the company's future earnings are likely to come from servicing as rates rise, Chief Operating Officer Andy Chang said.

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.

While the company produced $88 billion during the period, it had a major margin squeeze in its TPO Pro channel.

With its agreement to buy KS StateBank’s residential mortgage operation, Kansas-based Armed Forces is going all in on home lending.

The seasoning clock for securitization eligibility restarts when a modification takes place, the government agency said.

The company is repositioning its secondary market sales of loans and servicing and implementing cost-cutting measures as the market normalizes.

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.

Companies using only a person’s name and not other identifiers to screen job and tenant applications can produce inaccurate information, according to the bureau. The agency's advisory opinion said such practices violate the Fair Credit Reporting Act.

But the Fed’s taper announcement has the industry planning for increases throughout 2022.

The speed of money movement represents the future - success for those who deliver, challenges for those who don't

The partnership with Esusu, which the athlete’s venture capital firm invested in earlier this year, could help renters build credit histories, broadening their housing options, improving loan performance and incentivizing originations.

The Fed said it would reduce Treasury purchases by $10 billion and mortgage-backed securities by $5 billion, marking the beginning of the end of the program aimed at shielding the economy from Covid-19.

Applications related to Zillow Offers made up 70% of the mortgage lender's purchase business in the third quarter.

Stronger collateral and less credit enhancement reflect lessening pandemic risk.

Purchases also dropped on a weekly basis, but still show signs of strong demand.