Staffing change at FHA - August 13, 2014

 

Carol Galante, Assistant Secretary of Housing and the commissioner of the Federal Housing Administration, will step down at the end of 2014. She will assume the I. Donald Terner Distinguished Professorship in Affordable Housing and Urban Policy at the University of California, Berkeley, and will also serve as the Director of the Berkeley Program in Housing and Urban Policy. In her tenure at FHA, Ms. Galante has helped stabilize and ensure access to mortgage lending.