Russell Vought

DC Circuit panel lets Trump administration fire CFPB staff

Russ Vought, acting director of the Consumer Financial Protection Bureau, is also the director of the Office of Management and Budget.Al Drago/Bloomberg In a major win for the Trump administration, a federal appeals court on Friday ruled against the Consumer Financial Protection Bureau’s union, allowing the bureau’s acting Director Russel Vought to fire up to […]

DC Circuit panel lets Trump administration fire CFPB staff Read More »

How mortgage executives are thinking of layoffs: Fannie Mae

Lenders looking to cut costs are more willing to lay off their back office staff than slash other business expenses, according to a new Fannie Mae survey. While cost-cutting wasn’t firms’ top business priority, more senior mortgage executives placed prospective layoffs above trimming general and administrative expenses. The findings in the Mortgage Lender Sentiment Survey,

How mortgage executives are thinking of layoffs: Fannie Mae Read More »