Hensarling Aide Named CFPB Chief of Staff

Jan 08, 2018

Kirsten Sutton Mork has been named chief of staff of the Consumer Financial Protection Bureau (CFPB), a position previously held by the agency’s Deputy Director, Leandra English.

Mork is Staff Director of the House Financial Services Committee, a position she’s held for the past four years, and she is expected to join the CFPB in the next few weeks. Rep. Jeb Hensarling (R-TX), the committee’s chairman, praised the appointment.

"As one of my longest-serving and most dedicated aides, Kirsten has been an indispensable adviser to me for the last nine years. Her leadership, deep understanding of financial policy and the legislative process, strength of character, and commitment to conservative principles have been vital to the great victories the committee has achieved for the American People during her tenure here," said Hensarling in a press statement.

Hensarling, who is not seeking re-election this year, has been floated in the media as a potential replacement to Richard Cordray as the CFPB’s Director. However, the White House has not commented on when a new Director will be announced.

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Phil Hall

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Jan 08, 2018

Courts

UWM Seeks More Than $500M From Two Harbors After Failed Deal

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The fight over Two Harbors Investment Corp. did not end when shareholders approved its sale to CrossCountry Mortgage.Now United Wholesale Mortgage wants damages.UWM Holdings Corp. and UWM Acquisitions 1 LLC sued Two Harbors in federal court Monday, seeking more than $500 mil...

Wholesale

UWM Offers LOs 90-Bps Incentive On One Agency Loan

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