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AmWest Funding Corp., others originated the 765 loans in the $397.5 million non-prime RMBS transaction.
Shelley Smith has held leadership positions with several Fortune 500 companies.
The typical resale price on flipped homes reached another all-time high of $328,000.
FTC, California agency accuse 2 business owners of scam that cost consumers millions of dollars.
Report released Thursday shows the housing market continues to face headwinds.
Agency seeks information on refinances, mortgage products to promote competition and support household financial stability.
MBA, however, says the recent stretch of modest affordability improvement likely hit a speedbump this month, as mortgage rates rose above 6%.
The expanded Language Access Program (LAP) delivers every step and communication in Spanish.
Chairman said housing market may have to go through "a correction" to return to balance.