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Wells Fargo has its Executives on a Short Leash

November 27, 2017
Paul Muolo
When Codel was let go he forfeited restricted stock options…
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New CFPB Acting Director Mulvaney Tells Staff He’s in Charge

November 27, 2017
Paul Muolo and Thomas Ressler
OMB Director Mick Mulvaney arrived on G Street Monday morning, carrying a brown shopping bag and declaring he was the acting director of the CFPB…
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Short Takes: Don’t Ask Us, Try OMB / English has OMB Roots / Radian Sells Clayton Unit / Subprime Standards Tighten / Guild Expands into North Dakota

November 27, 2017
Paul Muolo, Thomas Ressler, and Brandon Ivey
Guild Mortgage, San Diego, has expanded its presence in the Midwest...
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New (Acting) CFPB Director Mulvaney: We Will Run This Agency Differently Than the Previous Administration

November 27, 2017
Paul Muolo and Thomas Ressler
Meet the CFPB's new boss – he's nothing like the old boss...
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Two Acting Directors Named. Who’s in Charge at the CFPB?

November 26, 2017
Paul Muolo
The White House, though, expects English to show up for work Monday morning as deputy director – and not acting director.
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With Kittle Backing Away from Top Ginnie Post, Acting Pres. Michael Bright May Be Next Choice

November 22, 2017
Ginnie Mae has been without a permanent president for roughly 10 months now, but so far inves-tors don’t seem to be balking at buying agency MBS. But that doesn’t mean the market – as well as stakeholders – aren’t getting nervous about the situation.
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Short Takes: United Wholesale Rules the Table-Funding Roost / Wells Fargo the King of Correspondent / Beware the Dow Jones / Another Top Executive Departs

November 21, 2017
Paul Muolo
When the Dow Jones corrects, rates will plunge. Right?
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One Week After Cordray Declared He’s Leaving the CFPB, Trump Still Hasn’t Named a Replacement

November 21, 2017
Thomas Ressler
So, where’s Mick?
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(A Ton) of Mortgage Executives on the Move?

November 21, 2017
Paul Muolo
Industry consultant Paul Hindman: “There seems to be a growing number of participants in this year’s game of musical chairs."
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Short Takes: Franklin Codel’s Immediate Plans / Forfeiture of Stock / Entitled to a Severance Package of $2 Million? / MBA Weighs in on CFPB’s Strategic Plan

November 21, 2017
Paul Muolo and Thomas Ressler
Codel joined the megabank in 1993. He’s a graduate of Harvard University with a degree in engineering science…
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