CFPB Hires Exec Away from Ginnie Mae

The Consumer Financial Protection Bureau has hired Christopher C. Haspel away from the Government National Mortgage Association, giving him a top slot at the new agency, according to officials familiar with the matter.

He is expected to start at the CFPB on June 20.

At press time it was unclear what his role at the consumer bureau will be. A GNMA spokeswoman had not returned telephone calls and emails.

As director of the monitoring division at Ginnie Mae, Haspel oversaw servicing and securitization. During his four-decade career in financial services he has worked at companies such as BlackRock Inc., General Electric Co., Capital One Financial Corp. and Fannie Mae.

The CFPB has hired roughly 220 people. It hopes to double that within the next two months.

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