twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/

FHA News | Government Resources | M o r t g a g e e Letters | FHA Statistics
FHA, VA and HECM mortgage news. HUD and G i n n i e news also. Originations, servicing and FHA approval.



Real Estate Broker to Head FHA

Carol Galante named acting FHA commissioner

July 12, 2011

By MortgageDaily.com staff


The Federal Housing Administration has its third chief in as many months. The newest appointee is a licensed real estate broker with a background in affordable and multifamily housing.

The Barack Obama administration has named Carol Galante acting commissioner of FHA, according to a statement from the Department of Housing and Urban Development.

The new chief most recently served as deputy assistant secretary for multifamily housing at HUD. Before that, she was president of BRIDGE Housing Corp., which HUD said is the largest nonprofit developer of affordable apartments and homes in California. She also previously worked at Eden Housing Inc. as an executive director who developed affordable homes.

Galante, who holds a masters degree from U.C. Berkeley, is a licensed real estate broker, HUD said.

"Having previously served in the position Carol is vacating and the one she is stepping into, I am extremely confident that her proven track record is exactly what HUD needs to continue
moving the FHA forward," said HUD Secretary Shaun Donovan in the statement.

Galante replaces Robert Ryan, who was named acting commissioner in April. Ryan took over from former FHA commissioner David H. Stevens, who became president and chief executive officer of the Mortgage Bankers Association.

Ryan left the acting commissioner job to take on the role of senior advisor to Donovan for housing finance. He'll lead HUD's role on the interagency housing deputies' team.

In his new job, Ryan will develop and
represent the agency's view on housing finance issues such as long-term plans for Fannie Mae and Freddie Mac and the amount of government involvement in housing finance. He'll also tackle implementation of the Dodd-Frank act and rulemaking as well as servicing standards and compensation.

"I am also pleased to bring Bob Ryan
into my office to work closely with me on issues such as housing finance reform," Donovan added. "Bob is proven a leader in the mortgage finance industry who has diligently focused his attention on working to reform our nation's housing finance system with a goal of moving it toward more stable ground."

next story

back to current headlines


Political Mortgage News | Mortgage Laws
Mortgage people in politics. Political contributions by mortgage companies. Coverage of political support by lenders and executives. GSE lobbying and issues.



Commercial Mortgage News | CRE Lender Directory | CRE Statistics
Stories about commercial lending on multifamily, office, retail and industrial properties.


Real Estate News | Real Estate Statistics
Residential real estate news and coverage of how residential real estate impacts the mortgage industry and residential mortgage-backed securities.


Logout forgot
password?

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders