The Senate voted 49-46 to confirm Sandra Thompson as director of the Federal Housing Finance Agency. She is the first Black woman to serve in the role.
Despite a significant decline in indictments and convictions, the FHFA IG’s Office of Investigations secured more than six times as much in restitution than in the prior period.
A Fannie Mae survey of lenders found almost all hope the appraisal process will enter the 21st Century, but most would first invest in digital loan application systems or e-mortgages.