Pulte said that any exit by the GSEs from conservatorship “must be carefully planned to ensure the safety and soundness of the housing market without putting upward pressures on mortgage rates.”
“The government’s being run by great people, they’re going to do great things going forward,” said Mat Ishbia, chairman and CEO of United Wholesale Mortgage.
Anthony Hsieh, chairman, founder and controlling shareholder of loanDepot, is returning to senior leadership as executive chairman of mortgage originations at the nonbank.
Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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