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American Banker: Mortgage Execs Begin Lobbying FHFA to Lift Lender Sales Cap

American Banker, June 25, 2021, Mortgage Execs Begin Lobbying FHFA to Lift Lender Sales Cap

President Biden’s replacement for Federal Housing Finance Agency Director Mark Calabria stands to significantly alter the direction of the government-sponsored enterprises and the guessing game as to who will be named has begun.

Current FHFA Deputy Director Sandra Thompson was named to the post on an acting basis Wednesday night. Possible permanent replacements for Calabria include economist Mark Zandi and Julia Gordon, president of the National Community Stabilization Trust and a former FHFA official.

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