Wall Street is buzzing this summer about a rash of job hopping by top- level mortgage executives.

Industry observers say the moves signal renewed demand for top-flight talent now that the market for mortgage securities is robust. Increased demand for securities also benefits mortgage banks by allowing them to price loans more competitively, one investment banker said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.