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Appeals Court: CFPB Staffers Can be Fired for Specifics

April 14, 2025
Shannon Clark
The order retains the prohibitions on destruction of records, wholesale termination of contracts, and transfer of funds.
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Short Takes: GSEs Update Servicing Guidelines / Smaller CES Securitization From PIMCO / AGNC Keeps Dividend Steady / New Leader at SEC

April 10, 2025
Brandon Ivey
Bulletins from the GSEs detailed updates to servicing guidelines.
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Fannie Fires 100+ Employees for ‘Unethical Conduct’

April 9, 2025
Dennis Hollier
Neither Fannie or FHFA provided details about which employees were implicated in unethical activities or what evidence there was of potentially criminal behavior.
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Short Takes: Workforce Reduction at FHFA / Applications Jump, Temporarily / FHA Extends Hurricane Foreclosure Moratorium / Prime Non-Agency MBS From Redwood

April 9, 2025
Brandon Ivey
“We’re consolidating divisions to focus on building more homes and strengthening safety and soundness,” said FHFA Director Bill Pulte.
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HUD Employees Face Uncertain Future

April 8, 2025
Emmeline Willey
Calls to HUD field offices redirected to a national hotline. A HUD spokesperson said there were no closures.
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Mortgage Hiring Improves. But Can It Last?

April 7, 2025
Paul Muolo
Meanwhile, investors aren’t necessarily fleeing into the safety of the government bond market.
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Short Takes: Ginnie Prevails in TCB HECM Lawsuit / CFPB to Issue New Proposal on Section 1071 Data Collection / Nominees for OCC, SEC Move Forward / Home Equity Usage Expected to Rise

April 4, 2025
Brandon Ivey
A district court issued a summary judgment in favor of Ginnie Mae in a lawsuit brought by Texas Capital Bank against the agency.
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Court Issues Preliminary Injunction to Reinstate Some Federal Employees

April 2, 2025
Shannon Clark
Terminated federal probationary employees will soon be offered their jobs back if they live or work in Washington, DC or one of the 19 states that sued the Trump administration.
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Some CFPB Employees Leaving Bureau Amid Uncertainty

April 1, 2025
Shannon Clark
After Rohit Chopra was forced out, the CFPB saw two new leaders in less than one week.
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Court Extends Restraining Order on Federal Layoffs

March 27, 2025
Shannon Clark
The lawsuit covers the Consumer Financial Protection Bureau and the Department of Housing and Urban Development, among other agencies.
Read More
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