The plaintiffs charged that Wells did not pay loan officers for non-sales work, such as mandatory meetings, training and coaching sessions...

At issue: the freedom of loan brokers under UWM's operating contract...

CSS, a joint venture of Fannie Mae and Freddie Mac, has been on something of a hiring spree of late. In 2020, at the direction of the Federal Housing Finance Agency, the company increased the size of the board by three members, the last two of which were picked early this year. In December, CSS also picked a new chief technology officer.

However, the size of the investments in Rent Butter and Rent Room were not disclosed...

Executive-wise, Fannie has taken a bigger hit than Freddie...

Earlier this month, the SBC deadlocked on the Chopra CFPB nomination with a 12-12 partisan vote.

As one mortgage market consultant quipped: “It’s sort of like watching the Hatfields and the McCoys.”

Grier will remain as a director, though he’ll abstain from committee work. He’ll also receive the standard CEO base salary of $600,000...

A slowdown in LO hiring? Don't bet on it...