McCargo joined the FHLBank in June.

FHFA directors have typically been technocrats with backgrounds in housing finance or federal regulation.

“It was an ‘AcquiHire’ type scenario,” said Rick Roque, an industry consultant who also holds the title of head of growth at NFM Lending.

Scott Bessent's nomination for secretary of the Treasury Department was approved on a 68-29 vote.

Sen. Elizabeth Warren, D-MA, the ranking member of the committee, said she was prepared to vote in favor of Turner’s nomination but first wanted to see results from a pending background check on the nominee by the Federal Bureau of Investigation.

The brunt of insurance burdens tied to natural disasters fall on property insurance providers, though private MIs could see an uptick in delinquencies.

Trump is widely expected to replace Rohit Chopra at the CFPB, but that hasn't happened yet.

Roughly 20 of Acra's wholesale account executives and managers left for Champions Funding within the past month or so.

The president-elect said Bill Pulte will help “restore the American Dream for all.”

Turner looks likely to easily be confirmed to run HUD, based on his reception by the Senate Committee on Banking, Housing and Urban Affairs.