HUD: Secretary Carson Applauds Nomination of Brian Montgomery as Deputy Secretary
Industry Update
October 8, 2019
Source: HUD
WASHINGTON – Secretary Ben Carson applauds the nomination of Brian D. Montgomery to serve as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). As the second most senior official at HUD, Mr. Montgomery will manage the day-to-day operations of the agency and will advise and assist the Secretary in leading the Department’s nearly 8,000 employees.
A Texas native, Mr. Montgomery currently performs duties of the Deputy Secretary of the Department and serves as HUD’s 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 the Federal Housing Administration (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 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.”
“Once again, I am tremendously honored to be called upon by President Trump and Secretary Carson to serve this Department and the American people,” said Commissioner Montgomery. “Service to our fellow Americans is the cornerstone of our Department and I look forward to continuing to help fulfill HUD’s critical role.”
As Federal Housing Commissioner, Mr. Montgomery is responsible for the management of FHA’s more than $1.4 trillion mortgage insurance portfolio, which includes its Single Family, Multifamily, and Health Care programs. As Assistant Secretary for Housing, he also oversees HUD’s Project-based Section 8 rental assistance housing program, the Office of Housing Counseling, and HUD’s Manufactured Housing Program.
With over 30 years of experience in the public and private sectors, Mr. Montgomery brings to HUD a deep knowledge of housing issues and vast experience spearheading large-scale policy initiatives. During his first term as HUD’s Assistant Secretary for Housing/FHA Commissioner, he spearheaded regulatory reform of the Real Estate Settlement Procedures Act (RESPA), developing solutions to assist struggling homeowners during the financial crisis, and his leadership of FHA modernization efforts that led to legislation in 2008.
From January 2003 until April 2005, Mr. Montgomery served in the Executive Office of the President as Deputy Assistant to the President and Cabinet Secretary. In this role, he led the White House’s internal working group to monitor all facets of the Space Shuttle Columbia accident investigation for which he was awarded the NASA Exceptional Service Medal. Mr. Montgomery also served as Deputy Assistant to the President and Director of Advance from January 2001 until January 2003. During his time as Director of Advance he traveled extensively with President Bush, including on September 11, 2001.