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It’s Late Spring and Mortgage Hiring Is Muted

June 9, 2025
Paul Muolo
Unfortunately, the federal government’s figures offer no breakdown on production and servicing-related mortgage jobs.
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Short Takes: Bowman Confirmed in Fed Role / Pulte’s ‘Interesting’ Meetings / A&D Expands FHA Offerings / New Prime Non-Agency MBS

June 5, 2025
Brandon Ivey
The confirmation of Michelle Bowman as vice chair for supervision at the Fed could prompt the Fed to begin to make regulatory changes.
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Acra Looking for New CEO Amid Sale to BlackRock

May 22, 2025
Paul Muolo
Keith Lind was a managing director at HPS prior to joining Acra and he recently returned to HPS in a senior leadership role.
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Trump Admin Shifts McKernan Away From CFPB Director

May 12, 2025
Shannon Clark
McKernan was nominated for CFPB director in February, and it was expected that he would be confirmed as soon as this month.
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Pulte Downplays GSE Reform for Trump Administration

May 7, 2025
Dennis Hollier
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.
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Short Takes: Applications Increase / Bowman Nomination Moves Forward / FoA Swings to a Profit / Home-Purchase Sentiment Increases Slightly

May 7, 2025
Brandon Ivey
Mortgage applications were up 11% on a weekly basis last week.
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A Mixed Bag for Mortgage CEO Comp

May 5, 2025
Paul Muolo
PennyMac Financial's CEO David Spector saw his compensation rise 45.9%.
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Lower Revenues, but Steady Profit at Freddie

May 1, 2025
Dennis Hollier
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.
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Fannie Earnings Stable in First Quarter

April 30, 2025
Dennis Hollier
FHFA's new director made an appearance at Fannie Mae's first-quarter earnings call.
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A $13 Million Pay Day for UWM CEO Ishbia

April 28, 2025
Paul Muolo
Just $1.03 million of Ishbia’s pay was in the form of stock awards.
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