In June of last year, DeMarco co-authored a Milken Institute white paper entitled “Why Housing Reform Still Matters." In it, he argues: "…we need to preserve the liquidity and capacity of an active, globally financed MBS market…”

The compensation figures for both men include salary, stock awards and other forms of income.

More CFPB examiners means more CFPB exams? Maybe, maybe not...

Jeff Detwiler, president of Long & Foster, which also owns a mortgage banking firm, said the company’s attrition rate “is at its lowest.”

LenderLive hired a majority of the former PHH employees and rebranded the private-label facility...

Fink is expected to leave Fannie Mae in the second half of the year.

The Department of Veterans Affairs this week expressed willingness to work with Congress and mortgage industry participants to find a solution to the agency’s ongoing appraiser shortage. Testifying during a hearing held by the House Veterans Affairs’ Subcommittee on Economic Opportunity, representatives of the VA Home Loan Guaranty Service, the National Association of Realtors, the Appraisal Institute and Clear Capital said the shortage of appraisers has led to long delays in obtaining appraisals and loan closings, as well as high appraisal costs. The VA appraisal program has been...

As might be expected, Rep. Jeb Hensarling, R-TX, chairman of the House Financial Services Committee, did his best to pummel the CFPB and its Director Richard Cordray during a hearing Wednesday.

Employee turnover is becoming a trend at Walter. Two weeks ago, the company's chief legal officer Jonathan Pedersen resigned.

The media call with Barney Frank was sponsored by the Constitutional Accountability Center, which assisted scores of current and former Democrat members of Congress in filing an amicus brief in defense of the CFPB.