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"Millennials are the future of this business and technology is what they've known all their lives. So, to attract and keep young talent, we have to give them the appropriate resources and technology—keeping the technology current keeps them engaged and excited,” said Laurel Caliendo, president and CEO of Village Mortgage.
President Donald Trump appointed Calabria to take the helm of the FHFA on December 12, 2018. The Senate then officially confirmed Calabria in April by a vote of 52 to 44 as head of the agency. Since then, Calabria has not been silent on his plan to reform the FHFA and the entities it oversees – Fannie Mae and Freddie Mac.