The Mortgage CFO Turnstile

As Deep Throat once quipped: "Follow the money." That suggestion not only applies to politics, but to financial service and mortgage firms. And whose job is it to keep track of the money and all them fancy regulations at a mortgage company? Answer: the chief financial officer. So, with that thought in mind, here's a roundup of some (shall we say) more high profile CFO departures of the past eight weeks: CoreLogic CFO Buddy Piszel quit Friday morning – not because of his duties at CL but because of his days at Freddie Mac. (Piszel received a 'Wells notice' which is not a good thing, trust me.) Howard Atkins bagged his CFO job at Wells Fargo this week. And let's not forget that at yearend Fannie Mae's CFO David Johnson walked out the door. What's going on here?