Administration Nominates Dana Wade as FHA Commissioner

Dana Wade

The Trump Administration yesterday said it intended to nominate Dana Wade as Assistant Secretary for Housing and Federal Housing Commissioner.

Wade served previously as Acting Federal Housing Commissioner and Assistant Secretary for Housing from July 2017 to June 2018. Most recently, she served as a Program Associate Director for General Government with the Office of Management and Budget from December 2018 to December 2019, where she led budget oversight for six Executive Branch agencies with a keen focus on financial services, including HUD and multiple independent agencies.

Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, issued a statement in support of Wade’s nomination.

“[Wade’s] extensive knowledge gained in previous roles, including on Capitol Hill and within the OMB, and also as the acting FHA Commissioner and Assistant Secretary for Housing, will serve her well in this new position,” Broeksmit said. “MBA calls on the Senate to swiftly move to confirm her nomination. We look forward to continuing to work with her, Secretary Ben Carson, Deputy Secretary Nominee Brian Montgomery, and others in the administration to ensure a strong FHA program that provides affordable housing opportunities, both rental and owned, for all Americans, while also protecting taxpayers.”

If approved by the Senate, Wade would replace Brian Montgomery as FHA Commissioner. The Trump Administration last year nominated Montgomery to serve as HUD Deputy Secretary. Although his nomination was cleared by the Senate Banking Committee by a 20-5 vote, it has yet to make it to the Senate floor for a full vote.

Wade has also held senior staff positions in Congress, serving as the Deputy Staff Director for the Senate Banking Committee and the Republican Deputy Staff Director for the Senate Appropriations Committee.