Items Tagged with 'Trump Administration'

ARTICLES

  • Who is Maren Kasper, the new head of Ginnie Mae?

    Former Roofstock director at the center of numerous issues at HUD
    Ginnie Mae said Wednesday that Maren Kasper, Ginnie Mae’s current executive vice president, will serve as acting president in Michael Bright’s absence. But what do we know about Kasper, who will soon be overseeing an agency that boasts a mortgage bond portfolio of more than $1 trillion? A look into Kasper finds housing experience, but also numerous issues during her time at HUD.
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  • Michael Bright abruptly steps down from Ginnie Mae

    Asks to have nomination to serve as president withdrawn
    It’s been almost two years since Ginnie Mae had a permanent president, and now it looks like the wait is going to continue. HUD announced late Wednesday that Michael Bright, who has been leading Ginnie Mae on an interim basis for nearly 18 months and was the Trump administration’s nominee to lead the agency, is leaving Ginnie Mae next week.
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  • Trump picks former CFPB Director Mick Mulvaney to be White House chief of staff

    Mulvaney gets a new job in the administration after all
    President Donald Trump has apparently long considered Mick Mulvaney to serve as White House chief of staff, and now, after numerous fits and starts to that process, Mulvaney is finally set to replace John Kelly in that role. Trump announced via Twitter on Friday afternoon that he is naming Mulvaney as the “acting” White House chief of staff. According to Trump, Mulvaney will officially take over as chief of staff when Kelly leaves the administration at the end of this year.
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  • What would Mark Calabria as FHFA director mean for the future of Fannie and Freddie?

    Analysts weigh Calabria’s potential impact
    The Trump administration has officially nominated Mark Calabria to be the next director of the FHFA when Mel Watt’s term is up early next year. But what would Calabria bring to the FHFA and what might that mean for the future of Fannie Mae and Freddie Mac? Here's a look at what's next, from those in the know.
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  • It's official: Senate approves Kathy Kraninger to serve as next CFPB director

    Trump's nominee set to take over for Mick Mulvaney
    Long the target of Republican ire, the Consumer Financial Protection Bureau will soon be run by the Republican president's handpicked choice. In what amounted to an anticlimactic vote in a nearly empty Senate chamber, the Senate, voting along party lines, voted Thursday to approve Kathy Kraninger as the next director of the CFPB.
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  • Monday Morning Cup of Coffee: Senate set to vote on Trump’s CFPB nominee

    Plus Amazon HQ2 killing affordable housing? And thoughts on "Monopoly for Millennials"
    Last week, the biggest groups in housing called on the Senate to bring Kathy Kraninger's nomination to run the CFPB to a vote. And it looks like they're about to get their wish. Plus, did Amazon's HQ2 move kill more than 1,000 units of affordable housing? And, Monopoly for Millennials. Yes, it's real. And it's spectacular.
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  • Housing industry pushes Senate to confirm Kathy Kraninger as next CFPB director

    NAR, MBA, NAHB, NMHC, others throw support behind Trump nominee
    Under Mick Mulvaney, the CFPB (or BCFP, depending on who you ask) has taken a much gentler approach toward the financial services industry. That tactic is likely to continue if the Trump administration’s choice as a permanent director, Kathy Kraninger, is ever confirmed by the Senate. And that’s just what the housing industry is now loudly calling for.
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  • Washington Post: HUD staffer shuffled to new agency, confusion and suspicion reigns

    In a surprise move, HUD Assistant Secretary Suzanne Israel Tufts has joined the Interior Department as acting inspector general
    In a highly unusual move, U.S. Department of Housing and Urban Development Assistant Secretary Suzanne Israel Tufts was moved to the Interior Department to serve as acting inspector general overseeing four investigations into Secretary Ryan Zinke’s conduct.
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  • Monday Morning Cup of Coffee: With Kavanaugh confirmed, will Supreme Court take aim at the CFPB?

    New swing justice previously declared bureau unconstitutional
    In case you’ve been living under a rock for the last few days (and if you have, good for you…but how’d you get out from under there???), the Supreme Court has a new justice and balance of power of the nation’s highest court just swung decidedly to the right. So, does that mean that the CFPB will soon have to argue for its structure or very existence before the Supreme Court? The new justice has already declared the bureau unconstitutional. Here's a look at what's next.
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  • Top housing groups push Trump administration, Congress to enact permanent GSE reform

    Housing industry’s biggest acronyms want formalized, stable changes
    With the 10-year anniversary of the government taking Fannie Mae and Freddie Mac into conservatorship nigh upon us, a coalition of the housing industry’s largest trade groups, affordable housing advocates, and others is calling on the Trump administration and Congress to enact permanent reforms to the government-sponsored enterprises.
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