McKernan (pictured right) comes to FHFA from the Department of the Treasury, where he was a senior policy advisor and was involved in the development of the Treasury Housing Reform Plan released in September. Prior to Treasury, he advised Sen. Bob Corker (R-TN) on housing finance reform and financial services issues, including Sen. Corker’s bi-partisan effort to negotiate housing finance reform legislation. Before serving in the federal government, he was counsel at Wilmer Cutler Pickering Hale and Dorr LLP.Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates
The September jobs report gave the mortgage market something it hasn't had much of lately: downward pressure on Treasury yields.U.S. employers added just 29,000 jobs in September, while the unemployment rate edged up to 4.2%, according to the Bureau of Labor Statistics. The ...
The wholesale lender is adopting a new identity three years after acquiring Homepoint’s wholesale business and rising to No. 4 in industry rankings
The Loan Store has a new name after a three-year expansion that transformed the once-small wholesale lender into one of the largest players in the broker channel.The Tucson, Arizona-based lender has rebranded as Averra Financial Inc., effective immediately, the company annou...
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