Stevens Statement on HUD Leadership Changes

Stevens Statement on HUD Leadership Changes

WASHINGTON, D.C. – March 27, 2015 – (RealEstateRama) — David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the transition of Ed Golding to be Principal Deputy Assistant Secretary at the U.S. Department of Housing and Urban Development (HUD).

“Ed Golding is an excellent choice to fill a very critical role at HUD, bringing more than two decades of real-world, operational experience in the mortgage markets. FHA has a number of important items on its plate right now for both single family and multifamily housing finance, and I can’t think of anyone better suited than Ed to lead those initiatives. Ed’s unparalleled knowledge and experience will serve him well as he carries out FHA’s mission to ensure affordable mortgage financing for qualified low and moderate income and first time homebuyers, while at the same time stabilizing and rebuilding the MMI fund.

“I also want to recognize the leadership that Biniam Gebre provided FHA during his tenure as Acting Assistant Secretary. We worked closely with Biniam on several projects and found him to be open, thoughtful and forward-thinking. I am glad to hear that he will be staying at HUD in another capacity because he is an important resource for Secretary Castro.”

CONTACT
Rob Van Raaphorst

(202) 557- 2799

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MBA

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.

Contact:

Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005

Phone: (202) 557-2700

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