December 08, 2020

Sagent’s Matt Tully talks housing regulation under the Biden administration

16 minutes

In today’s HousingWire Daily interview, Matt Tully, Sagent’s vice president of agency affairs and chief compliance officer, discusses how a Biden administration will likely impact housing regulation. During the interview, Tully also explores what the overall change in government administration means for banks and lenders when it comes to housing.

For some more background on what is discussed, here’s a brief summary of a recent HousingWire article on The Office of the Comptroller of the Currency's recent announcement of its' appointment of two executives to the Executive Committee:

Sydney Menefee has been selected to fill the senior deputy comptroller for Midsize and Community Bank Supervision on a permanent basis, and Greg Coleman will become the next senior deputy comptroller for Large Bank Supervision.

Menefee, who has served as acting senior deputy comptroller for Midsize and Community Bank Supervision since June, will lead a team of 1,600 people in the supervision of more than 1,000 national banks and federal savings associations.

Menefee’s resume includes two years as deputy comptroller and chief accountant. Before that, she was a professional accounting fellow and held various roles within the OCC as part of the Office of the Chief Accountant and Midsize Bank Supervision. She was commissioned a national bank examiner in 2016.

Coleman, who has been a deputy comptroller for Large Bank Supervision since 2015, will direct approximately 800 employees in overseeing the country’s largest national banks and federal branches and agencies, which hold more than $10 trillion in total consolidated assets.

The HousingWire Daily examines the most compelling articles reported from the HousingWire newsroom. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham.

HousingWire articles covered in this episode:

Industry gives mixed reviews of FHFA's Final Capital Rule

Coleman, Menefee selected to OCC executive committee

...more