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15 September 2025 September 2025 » themortgagepoint.com M O V E R S & S H A K E R S the President established by Congress in the 1946 Employment Act, charged with offering the President objective economic advice on the formulation of both domestic and international economic policy. According to CNN, Miran is credit- ed with development of which became President Trump's tariff policy, and has been a firm supporter of Trump's economic agenda. "It is my Great Honor to announce that I have chosen Dr. Stephen Miran, current Chairman of the Council of Economic Advisors, to serve in the just vacated seat on the Federal Reserve Board until January 31, 2026," said President Trump in a post on the social media outlet, Truth Social. "In the meantime, we will continue to search for a permanent replacement. Stephen has a Ph.D. in Economics from Harvard University, and served with distinction in my First Administration. He has been with me from the beginning of my Second Term, and his expertise in the World of Economics is unparal- leled—He will do an outstanding job. Congratulations Stephen!" A Harvard graduate with a PhD in Economics, Miran was formerly a senior fellow at the Manhattan Institute, and a senior strategist at Hudson Bay Capital, the global investment firm, working at the intersection of economic policy and investing. Previously, he was Senior Advisor for Economic Policy at the U.S. Department of the Treasury, where he assisted with fiscal support to the econo- my during the pandemic recession. Miran's academic work on fiscal policy has been published in the Amer- ican Economic Journal, and his opinion writing on fiscal policy, monetary pol- icy, economics, and markets has been published in the Wall Street Journal, Barron's, Bloomberg, National Review, and several other major media outlets. "Stephen Miran is an accomplished economist and has been instrumental in advising on economic policy and advancing a pro-growth agenda in his role as CEA Chair," said Senate Banking Committee Chair Tim Scott. "I look forward to quickly considering his nomination in the Senate Banking Committee and hearing more about his plans to increase transparency and accountability at the Federal Reserve to ensure the agency prioritizes its man- date and avoids politics." DAVID WOLL SWORN IN AS HUD GENERAL COUNSEL David Woll has been sworn in as General Counsel of the U.S. Department of Housing & Urban Development (HUD). In the first Trump administration, Woll served as a Deputy General Counsel at HUD, and was later appointed Principal Deputy Secretary for Community Planning & Development (CPD) for HUD. Before that, Woll served as an Assistant U.S. Attorney in both the Eastern District of New York and the District of Columbia. Woll also previously served as a senior counsel in the Enforcement Division of the U.S. Securities and Exchange Commission. In early May, Woll's nomination was advanced to a vote on the Senate f loor by Sen. Tim Scott, Chair of the Senate Banking Committee. Woll was confirmed by a Senate vote of 51-43. Woll replaces Damon Smith, previous General Counsel at HUD and Biden administration appointee, who resigned from the role. Smith previ- ously served as the Senior Counsel and Acting General Counsel at HUD during the Obama administration, where he provided legal and policy guidance on a range of programs and activities and set the Department's litigation strategy and regulatory agenda. HUD's General Counsel serves as the chief legal advisor to the HUD Secretary and other principal staff, overseeing all legal matters related to Departmental programs and activities. This includes providing legal opinions, drafting regulations and legislation, and representing HUD in litigation. The General Counsel also leads the De- YOUR TRUSTED SOURCE FOR MORTGAGE BANK ING AND SERVICING NEWS DECEMBER 2024 Magazine PRESERVING the AMERICAN DREAM Industry experts from Five Star's PROPERTY PRESERVATION EXECUTIVE FORUM discuss the trends and challenges facing the field services sector as we head into the new year. ALSO IN THIS ISSUE EXPERT INSIGHTS ASSESSING TODAY'S LANDSCAPE Derrick Barker, Co-Founder & CEO of Nectar, discusses his beginnings in the mortgage market CONTRIBUTED SPOTLIGHT: LEGAL LEAGUE IN PENNSYLVANIA, IS THERE A RIGHT TO JURY TRIAL IN IN REM FORECLOSURE ACTIONS? THE NATIONAL PROPERTY PRESERVATION CONFERENCE CELEBRATES TWO DECADES OF INDUSTRY ACTION REIMAGINING CREDIT AND VERIFICATION WORKFLOWS Subscribe to MortgagePoint and MortgagePoint Digital now! Visit themortgagepoint.com/mp-access to take advantage of our special offer! Experts you trust. People you know. News you want. MortgagePoint is putting essential mortgage market news at your fingertips with our new digital edition, now available online via your smartphone, tablet, or computer. Enjoy the magazine at your desk, and tap into MortgagePoint Digital's easily accessible platform anywhere, anytime. Committed to giving originators, servicers, and all lending professionals access to smarter perspectives, MortgagePoint believes it's time to think differently about the mortgage industry. Because the American Dream is evolving . . . are you? YOUR TRUSTED SOURCE FOR MORTGAGE BANK ING AND SERVICING NEWS FEBRUARY 2025 Magazine In This Issue: THE RISE OF MULTI- GENERATIONAL HOUSING: LENDING TRENDS AND OPPORTUNITY EXPERT INSIGHTS MICHAEL GEVURTZ CEO AND FOUNDER OF BLUEBIRD LENDING CHANGES TO CALIFORNIA'S HOME OWNER BILL OF RIGHTS TAKE ADVANTAGE OF A SLOW MARKET TO SHORE UP PROCESSES With rates starting to drop, savvy lenders are moving to get ahead of the game before a rebound. SPECIAL SECTION WHITE HOUSE NOMINEES A look at President Trump's picks for his cabinet and other high-level positions that are sure to shake up the industry. Once the Smoke Clears MortgagePoint examines how the CALIFORNIA WILDFIRES could have wide-ranging impacts on government programs, insurance coverage, and the housing market. YOUR TRUSTED SOURCE FOR MORTGAGE BANK ING AND SERVICING NEWS JANUARY 2025 Magazine ECONOMIC FORECAST 2025 MortgagePoint surveys a panel of economists and industry experts about where the housing market and mortgage industry will be headed in a new year and under a new incoming president.