The new assistant secretary of Housing and Urban Development who will oversee the Federal Housing Administration has more than a quarter century under his belt in real estate finance.
Robert C. Ryan first joined HUD in October 2009 as its first chief risk officer. In that capacity he was responsible for setting up a new Office of Risk Management.
“That office has expanded FHA’s capacity to assess financial and operational risk, perform more sophisticated data analysis, and respond quickly to changes in the market,” a HUD statement said.
He was named Deputy Assistant Secretary for Risk Management and Regulatory Affairs in September 2010. He previously worked at Freddie Mac, holding senior positions in capital markets, single family pricing and credit, and the office of the president.
