MBA Supports Nomination of Frank Cassidy as FHA Commissioner

MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on Frank Cassidy’s nomination to serve as Federal Housing Administration (FHA) Commissioner:

“MBA enthusiastically supports the Trump administration’s nomination of Frank Cassidy to serve as Assistant Secretary of Housing and FHA Commissioner. His extensive experience in real estate finance at Walker & Dunlop, Newmark, and Oppenheimer & Co. Inc. provides him with compelling insights on how to make FHA’s single-family and multifamily programs less costly and more innovative and competitive.

“We will work with him, Department of Housing and Urban Development (HUD) Secretary Scott Turner, and HUD staff on continuing the meaningful reforms that boost housing supply, make owning and renting a home more affordable, and address the challenges and opportunities within the agency, including modernizing FHA’s IT systems and processes.”