American Banker reported earlier this week that the CFPB has hired Christopher C. Haspel away from the Government National Mortgage Association, otherwise known as Ginnie Mae. According to a source, CFPB will be giving him a top slot at the new agency.

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.