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Short Takes: Not Saying Much About Brickman / Timing? / Bailed Out By Home Prices: the FHA MMIF / COVID Stimulus Looking Doubtful / PNC’s M&A Move

November 16, 2020
Dennis Hollier and Paul Muolo

No press release on Freddie's website regarding Brickman's resignation. Why?


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An Unexpected Resignation at Freddie: CEO David Brickman is Out

November 13, 2020
Brandon Ivey

Brickman took over the CEO role in July 2019. His final day will be Jan. 8.


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Velocity Increases Income in 3Q, But Cuts Staff

November 12, 2020
Brandon Ivey

The fix-and-flip lender relaunched production in September but doesn't expect originations to return to pre-COVID levels until the second quarter of 2021.


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Who Will be the Next CFPB Director? Rep. Porter?

November 10, 2020
Yemeng Yang

Before she ran for Congress, Porter taught consumer bankruptcy and mortgage foreclosure law at the University of California...


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FHFA Names FDIC's Cave to Head Division of Resolutions

November 9, 2020
Dennis Hollier

At DOR, formerly known as the Division of Conservatorship, Cave will supervise the conservatorships of Fannie Mae and Freddie Mac...


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The Post-COVID Employee Landscape: How Many Mortgage Workers Return to the Office?

November 9, 2020
Paul Muolo

Moreover, the "back to the office" quandary became even more pertinent Monday morning, given the positive news surrounding the Pfizer coronavirus vaccine.


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A Ginnie President, Finally? A New HUD Secretary? Uh, No

November 6, 2020
Paul Muolo

No permanent Ginnie president for almost four years? Is that a problem?


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Short Takes: Mortgage Insurance Heaven / Strong NIW from MGIC and Radian / Genworth’s Sale is Still a Go / The Election and What It Means for the Financial Sector

November 5, 2020
Paul Muolo

With their COVID-related charges in the rearview mirror, the mortgage insurance sector came roaring back...


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Fannie Mae Names Former FDIC Chief Sheila Bair as its New Chair

November 5, 2020
Dennis Hollier

Bair, a native of Kansas, came to Washington under the wing of then-Senator Bob Dole in the early 1980s.


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Consumer Supervision Division Shakeup Raises Eyebrows

October 29, 2020
Yemeng Yang

Afterward, the enforcement office’s policy and strategy team personnel and functions will be moved to a new division...


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