Housing Wire

Housing Wire

Wall Street insider Craig Phillips leaves Treasury without Fannie, Freddie reform

Craig Phillips, Treasury Secretary Steven Mnuchin’s top housing advisor and the point person for reform of Fannie Mae and Freddie Mac, has left his position before achieving any major changes at the mortgage giants. “Mnuchin simply lacks the time and energy needed to advance a housing finance reform plan,” Jaret Seiberg, Managing Director at Cowen Group, said in a note …

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Quicken Loans Mortgage Services names new executive vice president

Quicken Loans Mortgage Services recently appointed Austin Niemiec as the company’s new executive vice president. Niemiec, who began his career with QLMS 10 years ago, will be taking over for former senior vice president David Schroeder. Quicken Loans President and COO Bob Walters said QLMS couldn’t be in better hands as it writes the next chapter of its story.

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