Items Tagged with 'acting director'


  • Is GSE reform just weeks away?

    Acting FHFA director plans to announce plan
    Calls for government-sponsored enterprise reform have gone on for years – but now that reform could be just weeks away from becoming a reality. FHFA Acting Director Joseph Otting is said to be just weeks away from releasing a plan.
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  • Trump taps OCC's Otting to replace Watt as FHFA director

    Will oversee agency after Watt's term ends in January
    President Trump designated Comptroller of the Currency Joseph Otting as the next acting director of the FHFA. Otting will take over the FHFA temporarily until a permanent director is approved by the Senate, and will start his tenure once current Director Mel Watt’s term ends on January 6, 2019.
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  • UWM: Acting CFPB director Mulvaney won’t bring major change to housing

    And reverse mortgages keep mortgage insurance premiums high
    UWM President and CEO Mat Ishbia talked about the most recent change at the Consumer Financial Protection Bureau – its new director. He explained that the bureau’s acting director will not bring any major changes. In fact, he said even after the new director takes over, the changes to the CFPB won’t be significant.
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  • Democrats say fight over acting director of CFPB isn’t over

    Still claim Leandra English is lawful director
    A federal judge recently sided with President Donald Trump, affirming his right to appoint the acting director of the CFPB. However, Democrats are not happy with the decision, and vow that the fight isn’t over yet. They're calling on Acting Director Mick Mulvaney to step down and allow Cordray’s pick for acting director to “do her job.”
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  • Federal judge sides with Trump in fight over CFPB director

    Trump’s pick to take control of bureau
    A federal judge ruled with President Donald Trump’s pick for CFPB acting director, giving him full control of the bureau. Over the weekend, the CFPB erupted into chaos as two leaders showed up to the office as acting director – and no one knew who to follow. Now, however, a judge has put an end to the confusion.
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  • Lawyers side with Trump in battle over CFPB leadership

    Protesters still plan to gather
    In the latest development to the CFPB power struggle, lawyers sided with President Donald Trump and his appointment for acting CFPB director. But the battle is far from over. Protestors, including Sen. Elizabeth Warren, D-Mass., announced their plans to gather tomorrow, demanding Trump’s acting director step down.
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  • CFPB descends into chaos as two acting directors struggle for power

    Aggressive emails, donuts and restraining orders
    As the power struggle over the CFPB kicks off, two acting directors seek to assert their dominance. After showing up for work Monday, the two directors sent passive aggressive, and even aggressive emails, brought in bribes and even took out restraining orders. Here’s the latest on this developing story.
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  • Monday Morning Cup of Coffee: CFPB thrown into disarray with 2 acting directors

    Trump vows to revive bureau
    Over the long weekend, as you were eating Thanksgiving dinner and standing in long lines for Black Friday, the CFPB erupted into chaos. Two leaders now stand as acting deputies, and no one knows who they should actually follow. Plus, see what experts are forecasting as the biggest changes to the housing market in 2018.
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