Career moves

Sheila Bair, who holds board seats at several other organizations, will sit on Fannie's compensation, corporate governance and risk policy committees.

Robert G. Cameron, a former official at the Pennsylvania Higher Education Assistance Agency, will succeed Seth Frotman as the bureau's point person on student lending complaints.

Former Freddie Mac CEO Donald Layton has joined the Harvard Joint Center for Housing Studies as a senior industry fellow focused on reform of the government-sponsored enterprises.

The executives were hired for their focus on loan origination, portfolio management and securitization.

Kristen Donoghue had been one of the agency's few remaining senior enforcement managers hired by former Director Richard Cordray.

The Federal Housing Finance Agency has named three senior advisers for policy, economics and communications.

Hugh Frater loses the "interim" title, taking full control of the government-sponsored enterprise as Congress begins debating (again) the future of Fannie as well as Freddie Mac.

David Brickman will take the helm of the mortgage giant at a time of transformation in the mortgage market and housing finance policy.

The secretary of housing and urban development plans to "finish out this term" but wants to return to "the private sector because I think you have just as much influence, maybe more."

Liquidity, products and pricing are the main concerns for the secondary mortgage market in 2019.