Ficklin has been the CFPB's only fair lending director since 2011, establishing the office under Elizabeth Warren and pushing fair lending enforcement beyond mortgages into other financial products such as credit cards.

The latest headcount reduction impacted another office previously belonging to Computershare Mortgage Services, a servicing company Newrez acquired in May.

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The company has enough liquidity to support its short-term real estate finance lending business without the additional funds.

Trade groups were disappointed that the challenge posed by high home prices came up only twice as the current and former presidents faced off.

The group will give non-binding recommendations regarding the government-sponsored enterprises and the Federal Home Loan Banks to the director.

Heather Lovier, a veteran at the company with over two decades of experience, will be in charge of overseeing the entire homeownership experience within the organization.

Michael Drayne, an industry consultant who previously served as a senior vice president of strategic planning and policy at Ginnie Mae, will join HPC in July.

The cloud storage provider has notified 165 potentially exposed businesses.

A tough mortgage market has pushed some lenders to shed their middle management as a way to cut costs. This has ignited debate around what value regional and divisional managers bring to the table.