Tag Archives: White House

The Department of Housing and Urban Developments memo detailed 180 items the group has either begun or set to begin.

The White House has said that it intends to nominate OMB’s Associate Director, Kathy Kraninger to succeed Mulvaney but she’s likely to face a tough vote in the Senate. Here’s why.

Monday Pamela Patenaude appeared before the Senate Committee on Banking, Housing, and Urban Affairs for her nomination hearing for Deputy Secretary of the Department of Housing and Urban Development. Patenaude believes her history as the Assistant Deputy will set her up well for this position, if confirmed. The rumors of the intent to nominate Joseph Otting for the Comptroller of the Currency were also confirmed recently in a statement from President Trump.

President Barack Obama and Federal Reserve Chair Yellen met in the Oval Office to discuss the state of the U.S. economy in the midst of slowed growth due to lower consumer spending.

Stegman will briefly rejoin Treasury to end his time with the Administration.

Now the White House is threatening to veto that bill as well as another piece of legislation that would allow loans in portfolio to qualify for an exemption under the Consumer Financial Protection Bureau (CFPB)'s qualified mortgage (QM) rule. Both bills passed in the House on Wednesday.

Stegman, who has been with Treasury for four years, will be the main housing adviser for the Obama Administration in his new position with the NEC. He will be replacing Seth Wheeler, who is planning to leave the NEC in June after two years.

The bill calls for the establishment of advisory boards or councils within the CFPB of 15 to 20 members each for small businesses, credit unions, and community banks. The stated purpose of each advisory board or council is to "advise and consult" with the CFPB on issues that impact their respective groups.

An online petition calling for the end of the Federal Housing Finance Agency's conservatorship of Fannie Mae and Freddie Mac has been posted to the White House's "We the People" Web page.

California-based mortgage servicing software provider Quandis has launched a website to assist servicemembers, veterans and their families as part of President Obama's New Executive Actions.