Regulators cancel CRA conference citing coronavirus

A trio of federal regulators canceled next week’s National Interagency Community Reinvestment Conference amid growing concerns about the spread of coronavirus in the U.S. The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. said on Thursday they would reschedule the event that

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Mortgage Cadence names new CEO

HousingWire Tech100 Mortgage winner, Mortgage Cadence, has appointed a new chief executive officer. Pete Espinosa has been named the company’s new CEO, following Bryan Ireton’s retirement in January. Espinosa is a veteran software and technology executive, including leading global sales initiatives at IBM, Vignette, Retek, Guidewire Software and CSC, now

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Mortgage rates fall to an all-time low

The average U.S. rate for a 30-year fixed mortgage fell to 3.29% this week, the lowest ever recorded by Freddie Mac in a series that goes back to 1971. The rate fell 16 basis points from the prior week after the worst stock retreat since the 2008 financial crisis sent

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