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Announcing its Desire to be #1, Mr. Cooper Hires Stone to Lead Mortgages

July 22, 2021
Paul Muolo
Stone's resume includes stays at Renovate America and Global Mortgage Capital, the latter an affiliate of Eli Global...
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MBA Seeks Help from States to Push for Extending Remote Work

July 19, 2021
Lisa Burden
The problem: regulations differ from state to state, creating liability issues for lenders...
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SBC GOP Demands Response from CFPB Nominee Chopra

July 14, 2021
Lisa Burden
Toomey had originally requested a response by June 21 but none was made. A new demand came on Monday.
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Mortgage Bankers Add Jobs, Brokers Trim Their Ranks

July 9, 2021
Paul Muolo
“You can cut people in five minutes but if you need to rehire them, you’re going to have a tough time getting them back,” said industry consultant Paul Hindman.
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Dems, GOP Spar Over Proposal for a Public Credit Bureau

July 8, 2021
Lisa Burden
The panel focused on three bills, two of which are still in draft phase.
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Short Takes: FHFA Leadership Changes Continue / CFPB Provides Compliant Translations

July 2, 2021
Dennis Hollier

White House Picks Gordon as FHA Commissioner

July 2, 2021
Maria Volkova
President Biden has nominated Julia Gordon to be the next FHA commissioner. Also, the White House has picked CFPB Acting Director Dave Ueijo as assistant secretary for fair housing.
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FHFA Inspector General Wertheimer Headed for Retirement?

July 1, 2021
Dennis Hollier
The report accused her of fostering a "culture of witness intimidation” and “a pattern of staff abuse.” In particular, it criticized the IG for refusing to cooperate with investigators and shunning congressional oversight.
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New FHFA Director Shuffles Leadership Team

June 29, 2021
Dennis Hollier
New Acting FHFA Director Thompson's first personnel move: elevate existing staff.
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Decimated: GSE Shareholders (Except Treasury)

June 25, 2021
Paul Muolo
The common and “junior” preferred investors were (more or less) given up for dead in late 2008...
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