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Short Takes: Trump Nominates Bowman for Fed Vice Chair for Supervision / OCC Ends Loss-Mit Consent Order With Wells / Housing Starts Increase / HUD, DOI Form Task Force

March 18, 2025
Brandon Ivey
Michelle Bowman has expressed industry-friendly views on various regulatory issues.
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Pulte Confirmed as FHFA Director

March 14, 2025
Dennis Hollier
Pulte said that any exit by the GSEs from conservatorship “must be carefully planned to ensure the safety and soundness of the housing market without putting upward pressures on mortgage rates.”
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Short Takes: CFPB Firing Freeze Extended / The Drawback of Buydowns / Mixed Trends in Applications Tied to New Construction / Kittle Advising Beeline

March 13, 2025
Brandon Ivey
The freeze was extended to allow a U.S. district court judge to rule on a legal challenge to planned layoffs at the CFPB.
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Short Takes: Non-QM Borrowers Largely Avoiding Foreclosure / PennyMac Hires Boltansky / HUD Plans Housing Showcase / Prime Non-Agency MBS From Citi

March 11, 2025
Brandon Ivey
“We continue to see nearly zero [non-QM] loans hit the liquidation stage,” dv01 said.
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FHA, VA Programs Carry On Amid Staffing Cuts

March 10, 2025
Brandon Ivey
“The government’s being run by great people, they’re going to do great things going forward,” said Mat Ishbia, chairman and CEO of United Wholesale Mortgage.
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Senate Committee Moves McKernan, Pulte Nominations Forward

March 7, 2025
Brandon Ivey
The Mortgage Bankers Association is eager to see McKernan and Pulte confirmed.
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Short Takes: loanDepot CEO Heading Out / Hometap Brings Securitization / Freddie Selling RPLs / Profits Increase at Velocity

March 7, 2025
Brandon Ivey
Anthony Hsieh, chairman, founder and controlling shareholder of loanDepot, is returning to senior leadership as executive chairman of mortgage originations at the nonbank.
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Short Takes: Warren Frustrated by McKernan, Pulte / Figure’s eNote Registry Growing / Pennymac Sponsoring Team USA / LendingTree’s Mortgage Profits Increase

March 6, 2025
Brandon Ivey
Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.
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Short Takes: Mortgage Applications Spike / Fannie Selling RPLs / RTL Securitization From Neuberger Berman / LO Promoted to President of Rate Mortgage

March 5, 2025
Brandon Ivey
A decline in interest rates helped to increase demand for refis and purchase mortgages last week.
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A Ball of Confusion: HUD, DOGE and Gov't Staff Cuts

March 3, 2025
Paul Muolo
So far, there's been no snafus on the approval of Ginnie Mae servicing sales.
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