The OCC said its current stance on preemption is in line with the Dodd-Frank Act and Supreme Court precedent.

In June 2022, Shephard, a senior accountant at CCM, was told that the lender was shifting to a new business model.

Unfortunately, the federal government’s figures offer no breakdown on production and servicing-related mortgage jobs.

The confirmation of Michelle Bowman as vice chair for supervision at the Fed could prompt the Fed to begin to make regulatory changes.

Keith Lind was a managing director at HPS prior to joining Acra and he recently returned to HPS in a senior leadership role.

McKernan was nominated for CFPB director in February, and it was expected that he would be confirmed as soon as this month.

Recent comments by the FHFA director suggest the Trump administration has no immediate plans to release Fannie and Freddie from conservatorship. Rather, FHFA will continue to focus on fraud and abuse at the enterprises.

Mortgage applications were up 11% on a weekly basis last week.

PennyMac Financial's CEO David Spector saw his compensation rise 45.9%.

FHFA Director Bill Pulte didn't participate in Freddie's first-quarter earnings call, as he did for Fannie's on Wednesday, but his presence was felt.