Brian Tomney, Biden’s choice to head the FHFA-OIG, had an unexpectedly smooth ride through the confirmation hearing before the Senate Banking Committee.
Mike Gill was part of the team brought in by former FHFA Director Mark Calabria to prepare CSS to issue securities for potential competitors of Fannie and Freddie.
The support of the powerful House Financial Services Committee chair improves the chances that FHFA Acting Director Sandra Thompson’s job becomes permanent. It also casts doubt on the rumored nomination of CRL President Mike Calhoun.
It will be the 11th issuance of its type by loanDepot.
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