John U. Sepulveda, a former Clinton administration official and Freddie Mac executive, has been named chief executive officer of the National Association of Hispanic Real Estate Professionals.The San Diego-based NAHREP said Mr. Sepulveda was deputy director of the Office of Personnel Management during the latter half of President Bill Clinton's second term. He was also a senior executive at the Department of Housing and Urban Development. At Freddie Mac, he was director of industry and housing outreach and the company's chief liaison to Latino leaders and organizations, the association said.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
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Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
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Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
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Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
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The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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