When it comes to guarantee fees, some industry participants say they don’t see much policy difference between current FHFA Acting Director Sandra Thompson and her predecessor, Mark Calabria.
Shortly before his departure in June 2021, former FHFA Director Mark Calabria and his then-Chief of Staff John Roscoe pressed Fannie Mae CEO Hugh Frater to give a $250,000 bonus to a Fannie executive.
In other words, did the GSE shareholders suffer any “compensable harm” because then-President Trump was unconstitutionally barred from firing then-FHFA Director Mel Watt?
Nonbanks continued to gobble up market share among GSE MBS servicers, jumping from a 50.3% share a year ago to 56.2% at the end of 2021. (Includes two data charts.)