Community

The Federal Housing Finance Agency announced three new appointments to its leadership team.

Fannie Mae and Freddie Mac offer a new refinance option for eligible borrowers with incomes at or below 80% of the area’s median income. 

Homebot announced a partnership with Thrive Mortgage Corporation in hopes to enhance client experience and help Thrive loan officers build extensive client relationships.

loanDepot, Inc. appointed Karin Lockovitch as the company's executive vice president and chief risk officer.

Non-QM lender Deephaven Mortgage named Sunny Thiara and Luke Turner as regional sales vice presidents of wholesale.

Bert Gary was selected as Atlantic Home Mortgage's risk and compliance manager for its Alpharetta branch.

The Gen Z and Millennial home finance platform, Lower, raised $100 million in a Series A Funding round, led by venture capital firm Accel.

Guaranteed Rate's Shant Banosian has officially funded $1 billion in loan volume for the second consecutive year.

While the rest of the nation prepared for margin compressions, Home Point continued to expand, allegedly overestimating its business and financial prospects. 

ChainLogix Mortgage Solutions named Tim Moreland as the company's senior vice president of Operations and Strategic Business Development.