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New Freddie CEO Out of Retirement After Long Term at Deloitte

December 17, 2025
Brandon Ivey
Kenny Smith retired from Deloitte Consulting in 2020 after 27 years with the firm.
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Short Takes: Former Fannie CEO Joins Fifth Third Board / Compass Projects Home Sales Boost / Home Flipping ROI Falls in 3Q / New VP of Wholesale Production at ARDRI

December 15, 2025
James Dohnert
Priscilla Almodovar to join Fifth Third board of directors.
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Sen. Warren Counting on CFPB Bouncing Back

December 9, 2025
Shannon Clark
“[When] we have a different administration, an administration that believes in enforcing the law, an administration that believes in a level playing field, the apparatus is all there to turn [the CFPB] back on,” Warren said.
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Short Takes: Bayview Officially Takes Guild Private / MISMO Finalizes New Credit Score Implementation Guide / Chase Offers Refi Deals for Cyber Monday / Cornerstone Capital Hires VP to Grow Mortgage Business

December 1, 2025
James Dohnert
The Guild acquisition was valued at approximately $1.3 billion.
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Short Takes: BofA Extends Wildfire Forbearance / NexBank Capital Gets New COO / Luxury Home Prices Outpace Non-Luxury Homes / PIMCO Preps CES MBS

November 24, 2025
James Dohnert
A new program from BofA would add two years of forbearance for borrowers impacted by January wildfires in LA.
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Short Takes: FHA, Ginnie Nominations Move Forward / FHA Removes Disclosure Requirement / New Mortgage Lender / Fairway Partners on Credit Card

November 20, 2025
Brandon Ivey
The Mortgage Bankers Association called for the full Senate to quickly confirm the nominees.
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FHA, Ginnie Nominees Reveal Little at Confirmation Hearing

October 31, 2025
Emmeline Willey
FHA Commissioner nominee Frank Cassidy and Ginnie Mae President nominee Joseph Gormley testified before a Senate committee Thursday.
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Short Takes: Mortgage Applications Increase / Purchase Mortgage With Initial Interest Rate of 3.99% / Annaly Brings its 20th Expanded-Credit MBS of the Year / Benson Returns to Fannie

October 29, 2025
Brandon Ivey
Refis accounted for 57.1% of mortgage applications last week.
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Fannie CEO Almodovar Abruptly Replaced

October 23, 2025
Dennis Hollier
The press release announcing Priscilla Almodovar’s immediate departure from Fannie didn’t include an explanation of the move.
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Short Takes: Experian Offering VantageScore Free With Bundle / Angelo Gordon’s Expanded-Credit MBS Issuance Slowing / New Intent Index / LendingTree Founder Dies in ATV Accident

October 14, 2025
Brandon Ivey
Experian joined Equifax in offering free VantageScore 4.0 scores to mortgage lenders that buy certain score bundles.
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