In the latest episode of On the Hill, Tim Rood, SitusAMC Head of Government and Industry Relations, speaks with Bob Broeksmit, President & CEO of the Mortgage Bankers Association since 2018. They discuss the intensifying regulatory landscape in Washington, D.C., trends in mortgage lending, and when Fannie Mae and Freddie Mac might emerging from conservatorship.

 

In his nearly four decades in the industry, Broeksmit led all aspects of mortgage lending activities, including marketing, sales, operations, secondary marketing, loan servicing, and default management, at companies such as Treliant, Chevy Chase Bank, Prudential Home Mortgage and Great Western Mortgage.

Ep 16: Sheila Bair, Former FDIC Chair by SitusAMC

In episode two of On The Hill, Tim Rood, Head of Industry Relations at SitusAMC, talks with SitusAMC Managing Director, Mark Garland about how the government’s actions to support consumers affected by COVID-19 may impact independent Mortgage Banks (IMBs). Are there any parallels with the regulatory actions that impacted banks after the Great Recession?

In our inaugural episode, SitusAMC's Head of Industry Relations, Tim Rood, unpacks the politics behind Congress's response to COVID-19 and the implications for the real estate market. Tim is joined by Ken Riggs, former Vice Chairman of RERC, a SitusAMC company.

In this episode of On the Hill, Tim Rood talks with James Lockhart, former Director of the Federal Housing Finance Agency (FHFA), about what it took to bring Fannie Mae and Freddie Mac into conservatorship during the height of the Great Recession, and the current state of the housing finance market.

In this episode of On the Hill, Tim Rood, Head of Industry Relations, talks with Michael Bright, CEO of the Structured Finance Association, about the future of the non-agency, non-QM securitization markets.

In this episode of On the Hill, SitusAMC’s Tim Rood talks with Kristy Fercho, head of Wells Fargo Home Lending and the first black woman to chair the Mortgage Bankers Association. She discusses her biggest career challenges and lessons, and her commitment to increasing minority homeownership and diversity in the mortgage industry.

In this episode of On the Hill, SitusAMC’s Tim Rood talks with Pete Mills of the Mortgage Bankers Association about what industry participants seeking to influence policy must know to successfully navigate the federal landscape.

In this episode of On the Hill, Tim Rood, Head of Industry Relations, talks with Kathy Kraninger, former Director of the Consumer Financial Protection Bureau (CFPB). She led the mission and operations for the 1,500-person independent, regulatory and law enforcement agency from December 2018 until January 2021.

Kraninger offers advice for mortgage servicers preparing for a more vigorous post-pandemic enforcement environment, and discusses partisanship in Washington, D.C.

Kraninger has served on the board of the Federal Deposit Insurance Corporation, the Financial Stability Oversight Board, and as chair of the Federal Financial Institutions Examinations Council. She worked at the Departments of Transportation and Homeland Security, the Office of Management and Budget, and in the Senate and the House of Representatives.

In this episode of On the Hill, Tim Rood, Head of Industry Relations, talks with Craig Phillips, the top housing advisor to former Treasury Secretary Steven Mnuchin. For the first time, Phillips takes us behind the scenes in the Trump administration and talks frankly about why efforts to move Fannie Mae and Freddie Mac out of conservatorship failed.

Phillips joined the administration in 2017 as a special counselor focused on domestic finance, housing finance policy and regulatory reform, and left in June 2019. He was previously a Managing Director and Member of the Operating Committee of BlackRock, where he served as head of financial markets advisory and client solutions, advising central banks, banking supervisors and multi-lateral organizations around the world, including the Federal Reserve Bank of New York.