Sandra Thompson

Morning Roundup (12/15/2021)– Thompson Nomination, Mortgage Apps Fall

Posted on by TMN Editor
Good Morning! Today is Wednesday, December 15. Congress passed a measure raising the government’s borrowing limit by $2.5 trillion. Mr. Trump lost his bid to shield his tax returns from the House Ways and Means Committee after a federal judge dismissed the case. Britain’s antitrust regulator said Apple and Google hold a “vise-like grip” over how people use mobile devices, limiting innovation and choice and leading to higher prices. And in mortgage and housing news… Thompson Tapped For Full Term…: President Biden will nominate Sandra Thompson, currently the acting director of the Federal Housing Finance Agency, to a full term at the regulator, the White House announced. …And The Industry Responds: The industry’s response has been largely positive. Mortgage App…

Industry Responds To Thompson Nomination

Posted on by TMN Editor
President Biden will nominate Sandra Thompson to become the permanent director of the Federal Housing Finance Agency (FHFA), the White House announced in a statement on Tuesday. Thompson is the current acting head of the FHFA, having taken over the position in June when Biden replaced Mark Calabria. She would serve a five-year term after her approval by the Senate. Though Thompson has held the position since June, her nomination was at one point in question. Biden faced criticism in September when rumors spread that he was considering nominating Center for Responsible Lending President Michael Calhoun. Thompson maintained support among Democratic politicians focused on housing, especially House Financial Services Chair Maxine Waters, which may have solidified her position. “We will…