Administration Nominates Brian Montgomery as HUD Deputy Secretary
The White House yesterday nominated Brian Montgomery to be HUD Deputy Secretary.
Montgomery would replace Pam Patenaude, who served as Deputy Secretary from 2017 until this past January.
Montgomery currently serves as Assistant Secretary for Housing and Federal Housing Commissioner. Nominated for these roles by President Trump in September 2017, he is the first individual to serve as head of FHA twice and under three different Administrations.
“Brian brings tremendous experience to our team and has been a strong voice in the effort to reform the Nation’s housing finance system,” said HUD Secretary Carson. “As Federal Housing Commissioner, Brian made certain FHA remains a stable and reliable resource for first-time and minority homebuyers, and other underserved borrowers while protecting the interests of taxpayers. Brian is a key member of our team and I look forward to having him confirmed as our Deputy Secretary.”
Mortgage Bankers Association President and CEO issued a statement in support of Montgomery’s nomination. “MBA congratulates Brian Montgomery on this well-deserved nomination,” he said. “During his current tenure as FHA Commissioner and Acting Deputy Secretary, Brian has been integral in developing policies that improve opportunities for homebuyers and renters. With his expertise and knowledge of the housing industry, we are confident that Brian will do an excellent job serving alongside Secretary Carson and other members of the Administration. We look forward to continuing our collaboration with HUD on creating solutions for affordable housing, and other critical issues for the housing market and the broader economy.”
As Assistant Secretary for Housing, Montgomery oversees HUD’s project-based Section 8 rental assistance housing program, the Office of Housing Counseling and HUD’s Manufactured Housing Program. He is also responsible for the management of FHA’s more than $1.4 trillion mortgage insurance portfolio. With more than 30 years of experience in both the public and private sectors, including his first term as Commissioner from 2005 to 2009.
