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Short Takes: Moving up the Search? / FHFA Watchdog Under Investigation? / No One is Commenting – or Denying / Politically Motivated? / Mangiaracina Gets Chairman’s Slot

August 6, 2018
Paul Muolo and Carisa Chappell
As of Monday morning, none of the parties involved – FHFA, the FHFA IG, and the Council – were commenting to IMFnews. Nor were they denying the existence of an investigation.
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What We’re Hearing: Fannie Mae’s Next CEO Might Be… / Thanks Congress / Amazon Still in the Hunt? / The Top Gainer: Fairway Independent Mortgage / Talking to Ed DeMarco / Gateway Gets a New CEO

August 3, 2018
Paul Muolo
No wonder why Fannie and Freddie topped Business Insider’s list of the most profitable companies per employee…
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An Early Departure by FHFA Director Watt Could Hasten Changes in the Secondary Market

August 2, 2018
Paul Muolo
The White House has reportedly assembled a dedicated team to find a successor to Watt, believing an early departure is a possibility…
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Short Takes: Roll Up Those GSE Wheelbarrows Full of Cash / Kraninger and Bright Will Have to Wait / Mulvaney and the GSEs? / Rep. Waters has Fintech Worries / Better Mortgage, Better Volumes

August 2, 2018
Paul Muolo and Yemeng Yang
Rep. Maxine Waters, D-CA, is none too thrilled with plans by the Treasury Department and Comptroller of the Currency to open up federal banking charters to fintech firms.
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Short Takes: The $600,000 Man / Freddie CEO Layton Says He Thinks About Leaving … And Staying / More CRTs on the Way? / FHFA Extends Capital Comment Period / A New Hire for MGIC

July 31, 2018
Paul Muolo and Carisa Chappell
Layton said Freddie is exploring the use of additional credit risk transfers...
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Speculation Mounts: Will Watt Step Down Early from the FHFA?

July 30, 2018
Paul Muolo
EEO investigations, according to one observer, must be completed within 180 days.
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Positive Responses from Lawmakers Suggest Michael Bright Will be Confirmed as GNMA Chief

July 27, 2018
Michael Bright, President Trump’s nominee to lead Ginnie Mae, wants to ensure that the agency is well run and that mistakes that led to the 2008 financial crisis are never repeated during his watch.
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MBA Pushing States to Quickly Implement Transitional Licenses for Loan Originators

July 27, 2018
Brandon Ivey
It could take states 18 months to implement the transitional license regime, according to MBA’s Pete Mills…
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What We’re Hearing: The Task Ahead for Ed DeMarco / A New Front in GSE Reform / Congress Now Deemed Totally Hopeless When it Comes Fixing the Nation’s Housing Finance System / Layoffs at Pacific Union Financial / A Promotion at Wells Fargo

July 27, 2018
Paul Muolo
As for what might be in the Hensarling bill, the conservative from the Lone Star state wasn’t offering…
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Politico Reports FHFA Director Under Investigation for Sexual Harassment; Watt Says He’s Done Nothing ‘Contrary to Law’; OCC Chief Waiting in the Wings?

July 27, 2018
Paul Muolo
According to the newspaper, Watt – a former Democratic Congressman from North Carolina – is under investigation for alleged sexual harassment of an employee.
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