People Movers

HousingWire Vanguard promoted to LoanLogics EVP

Contributions to LoanLogics have been “invaluable”
LoanLogics announced it recently promoted 2016 HousingWire Vanguard award winner Craig Riddell to executive vice president and chief business officer. Company leadership explained, “Craig knows our customers better than anybody at LoanLogics and his contributions to our growth as a company have been invaluable.”
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Community Mortgage Lenders of America names Rob Zimmer acting executive director

Replacing Glen Corso, who is set to retire
The Community Mortgage Lenders of America is turning to one of its own to replace its executive director, Glen Corso, for the time being anyway. The CMLA announced this week that Rob Zimmer, the group’s head of external relations, will serve as acting executive director until a permanent replacement for Corso is found.
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Senate Banking Committee approves Powell to lead Fed

All but one Senator voted for his nomination
As expected, the Senate Banking Committee overwhelmingly approved Jerome Powell Tuesday to lead the Federal Reserve. All the panel’s Republican and Democrat members voted for Powell except one single Democrat, and now, this bipartisan support all but seals Powell’s future as Federal Reserve Chair.
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HousingWire Woman of Influence Faith Schwartz joins FormFree board

Played firsthand role in shaping housing public policy
Fintech company FormFree announced this week it elected industry leader and HousingWire Women of Influence winner Faith Schwartz to its board of directors. Schwartz previously played a firsthand role in shaping housing public policy, and continues to make waves in the industry even today.
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Freddie Mac appoints new director to its board

Industry veteran brings multifamily experience
Freddie Mac announced it elected its latest member to its board of directors – an executive with decades of experience in real estate and capital markets. Most recently, Freddie Mac’s newest board member served in various leadership roles at Capital One.
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Otting takes over as Comptroller of the Currency, pledges to reduce regulatory “burden”

Former CIT Bank executive replaces acting Comptroller Keith Norieka
President Donald Trump now has another of his handpicked choices leading one of the country’s top banking regulators. Joseph Otting, who the Trump administration nominated back in June, was officially sworn in on Monday as the next Comptroller of the Currency.
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Former CFPB enforcement chief Anthony Alexis returning to private sector

Will lead Consumer Financial Services Enforcement Practice at Goodwin
The fight over who’s leading the Consumer Financial Protection Bureau now that the agency’s former director, Richard Cordray, officially stepped down is far from over, but while the future of the CFPB is still in debate, one of Cordray’s top lieutenants is moving on.
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