Trump Admin Shifts McKernan Away From CFPB Director May 12, 2025 Shannon Clark McKernan was nominated for CFPB director in February, and it was expected that he would be confirmed as soon as this month.Read More
Pulte Downplays GSE Reform for Trump Administration May 7, 2025 Dennis Hollier Recent comments by the FHFA director suggest the Trump administration has no immediate plans to release Fannie and Freddie from conservatorship. Rather, FHFA will continue to focus on fraud and abuse at the enterprises.Read More
Short Takes: Applications Increase / Bowman Nomination Moves Forward / FoA Swings to a Profit / Home-Purchase Sentiment Increases Slightly May 7, 2025 Brandon Ivey Mortgage applications were up 11% on a weekly basis last week.Read More
A Mixed Bag for Mortgage CEO Comp May 5, 2025 Paul Muolo PennyMac Financial's CEO David Spector saw his compensation rise 45.9%.Read More
Lower Revenues, but Steady Profit at Freddie May 1, 2025 Dennis Hollier FHFA Director Bill Pulte didn't participate in Freddie's first-quarter earnings call, as he did for Fannie's on Wednesday, but his presence was felt.Read More
Fannie Earnings Stable in First Quarter April 30, 2025 Dennis Hollier FHFA's new director made an appearance at Fannie Mae's first-quarter earnings call.Read More
A $13 Million Pay Day for UWM CEO Ishbia April 28, 2025 Paul Muolo Just $1.03 million of Ishbia’s pay was in the form of stock awards.Read More
Amerant Bank Retreats on Mortgage Lending April 24, 2025 Brandon Ivey The bank will shift from lending in 30 states to focusing on customers in its branch network in Florida.Read More
Short Takes: Sales of New Homes Increase / No Questions for Mr. Cooper / Loss on Sale to A&D / Hsieh’s Monthly Expense Reimbursement April 24, 2025 Brandon Ivey Sales of new homes increased on both monthly and annual bases in March.Read More
Waterstone Settles Poaching Lawsuit With Mutual of Omaha April 23, 2025 Brandon Ivey The settlement contributed to a pre-tax loss of $2.2 million for Waterstone’s mortgage unit in the first quarter of 2025.Read More