CFPB Announces Changes to Senior Leadership

Jan 29, 2019

Consumer Financial Protection Bureau (CFPB) Director Kathleen L. Kraninger has announced leadership changes within the Bureau. The positions being announced include:

►Andrew Duke will serve as the Policy Associate Director for External Affairs. Duke has 27 years of experience in public policy, including 20 years on Capitol Hill serving with three different members of Congress.

►Laura Fiene will serve as West Regional Director. Fiene joined the CFPB at its inception in 2011. She brings more than 31 continuous years of experience in regulating financial services companies, including 27 years dedicated to supervising and examining compliance with federal consumer financial laws and regulations.

►Marisol Garibay will serve as the Acting Chief Communications Officer. Garibay has 14 years of experience in policy communications focused on financial issues and served most recently as Senior Advisor and Acting Communications Director at the Office of Management and Budget.

►Delicia Reynolds Hand will serve as Deputy Associate Director for External Affairs. Ms. Hand joined the Bureau in 2012 and has 17 years of experience, having worked in consumer advocacy, community development, and on Capitol Hill.

►Lora McCray will serve as Director for the Office of Minority and Women Inclusion. McCray’s career includes 15 years of experience in diversity practice and management, most recently as the Assistant Vice President, Diversity and Inclusion at the Federal Reserve Bank of Boston.

About the author

NationalMortgageProfessional.com

Link copied

Published

Jan 29, 2019

Regulation and Compliance

No FHA-Insured Loans For Non-Permanent U.S. Residents

In March 26 letter, HUD states change is effective May 25, aligns with Trump Administration policies

In a policy shift announced today, non-permanent U.S. residents will no longer be eligible for mortgages insured by the Federal Housing Administration (FHA), part of the U.S. Department of Housing and Urban Development (HUD). The change, detailed in a March 26 letter HUD...

Regulation and Compliance

GSEs Ordered To Terminate Special Purpose Credit Programs

Fannie Mae’s and Freddie Mac’s current support for such SPCP programs is ‘inappropriate,’ FHFA has determined

In a directive issued March 25, Decision No. 2025-145, Federal Housing Finance Agency (FHFA) Director Bill Pulte ordered Fannie Mae and Freddie Mac to terminate “Special Purpose Credit Programs,” or SPCPs, that they support. The directive describes such programs as those ...