Three months after it announced its sale to a private equity firm and went private, mortgage software giant Ellie Mae is laying off 10% of its staff.

The man tasked with creating a plan to reform the nation’s housing-finance system said he’s leaving.

Affordable housing expert heads back to the private sector. Industry observers wait to see if this is the beginning of a wave as Freddie CEO Donald Layton retires.

The regulator continues its hiring spree, plundering liberally from other departments. We hear Craig Phillips, Treasury’s point man on housing-finance reform, is available.

The agency has begun to assemble the team that is supposed to deliver on the new director's plans for housing-finance reform. So far, the industry is impressed.