The former FHFA director said, given the Federal Reserve’s commitment to fight inflation, home prices could fall by double digits in percentage terms over the next few years.
The real estate investment management firm has tapped the former Fannie official in charge of developing Desktop Underwriter to handle technology practice.
Almost exactly a year after taking the helm as acting director, Thompson begins a five-year term as head of the Federal Housing Finance Agency. She is the first woman to hold the job.
It will be the 11th issuance of its type by loanDepot.
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