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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.
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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.
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A Mixed Bag for Mortgage CEO Comp

May 5, 2025
Paul Muolo
PennyMac Financial's CEO David Spector saw his compensation rise 45.9%.
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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.
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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.
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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.
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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
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