Executive additions at the country's housing agency and the primary trade group representing mortgage lenders will help the two organizations improve interactions with elected officials. Three regulators that are responsible for financial institutions announced several appointments.
C. Donald Babers was named acting southwest regional director for the U.S. Department of Housing and Urban Development, a news release last month said. He'll serve as HUD's liaison to state and local elected officials, congressional delegations and other stakeholders -- overseeing a region that includes Texas, Arkansas, Louisiana, New Mexico and Oklahoma.
Babers is currently a HUD deputy regional director for HUD's regional office in Fort Worth, Texas. He started as a HUD intern in 1970 and was appointed deputy regional director in 2006.
At the Mortgage Bankers Association, Bill Killmer was named senior vice president of legislative and political affairs. He takes on the new role as the trade group's chief lobbyist on July 5 and will be responsible for developing and implementing MBA's legislative and political strategy.
Killmer spent 20 years with the National Association of Home Builders overseeing legislative, regulatory and public affairs initiatives. Before that, he was senior legislative officer at the U.S. Department of Labor.
The new Atlanta regional director for the Federal Deposit Insurance Corporation is Thomas J. Dujenski, who has been with the agency for 27 years. He replaced interim regional director Doreen R. Eberley, who took over a year ago.
Armando Falcon, who previously was the director of the Office of Federal Housing Enterprise Oversight, has been retained as a senior policy advisor for the American Securitization Forum. At OFHEO, Falcon worked with inadequate resources to regulate Fannie Mae and Freddie Mac -- which were subsequently seized by OFHEO's successor regulator, the Federal Housing Finance Agency.
Before his time at OFHEO, Falcon served as the general counsel for the Committee on Banking and Financial Services of the U.S. House of Representatives and was selected by the Comptroller General of the Government Accountability Office in 2009 to serve on the Comptroller General's Advisory Board.
Federal Reserve Board Vice Chairman Donald L. Kohn will remain on the board until a new governor is appointed, though he'll leave at the latest by Sept. 1. His decision to stay on was made at the request of Federal Reserve Chairman Ben S. Bernanke.
The National Credit Union Administration said last week that Herb Yolles was chosen to serve as temporary regional director of Region III through the end of this year. Yolles, who started with NCUA in 1978, previous held several positions including chief financial officer, director of examination and insurance and inspector general.
Prior to that, NCUA announced the selection of Lorraine Phillips as director, office of human resources. Phillips started her new assignment on May 17.