Pulte said that any exit by the GSEs from conservatorship “must be carefully planned to ensure the safety and soundness of the housing market without putting upward pressures on mortgage rates.”
"Nothing about the current CFPB situation changes the fundamental obligation [of lenders] to collect and report lending data," said Kareem Saleh, CEO of FairPlay.
Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.