Tapped by the Biden Administration as Acting Director nearly a year ago to the day, Sandra L. Thompson assumes responsibility for oversight of the $7.5 trillion mortgage finance market in an Agency ceremony.
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Current CEO Hugh Frater to retire and will be replaced on an interim basis by President David Benson. Meanwhile, Fannie Mae Board Chair Sheila Bair is stepping down and will be replaced by ex-Wells Fargo head Michael Heid.
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Sandra L. Thompson, Acting Director of the FHFA, speaks with DS News about her goals and priorities for the Agency and her vision for the future of the GSEs.
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The PAVE Action Plan is aimed at advancing equity in the appraisal process and promoting generational wealth creation through homeownership.
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A special Executive Session of the Senate Banking Committee voted on advancing Sandra Thompson as Director of the FHFA, among other key nominations.
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Acting FHFA Director Sandra L. Thompson spoke before the Senate Banking Committee, pending her confirmation as Director of the Agency.
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Twenty-first Chair of the FDIC tenders her resignation, and will be replaced by current Board member Martin L. Gruenberg.
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A new announcement from the CFPB and others stresses closer examination of mortgage servicer practices for compliance with pandemic-related homeowner mandates.
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The “Valid-When-Made” Rule is under attack in federal courts, and Legal League 100’s Special Initiatives Working Group and LL100’s Chairman Stephen Hladik break down its ramifications in an informative White Paper and webinar.
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Rep. Maxine Waters reaches out to federal agencies to increase mortgage servicing protections.
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