HUD Secretary Marcia Fudge was nominated in December and took her oath in early March, but there has yet to be a peep out of Pennsylvania Avenue regarding the FHA commissioner job and who will lead Ginnie Mae.
GSE regulator Sandra Thompson: “FHFA has nothing against big players, but their size means that they don’t have to worry about accessing the capital markets. Small lenders, on the other hand, may be able to leverage local knowledge to best serve their communities.”
When might the tide turn for mortgage hiring, putting CEOs in the driver’s seat once again? That’s hard to say. Many shops are still looking to add workers...
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