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Julia Gordon Confirmed as FHA Commissioner

Industry Update
May 12, 2022

Source: multihousingnews.com

The U.S. Senate has confirmed Julia Gordon as commissioner of the Federal Housing Administration and assistant secretary of housing at the U.S. Department of Housing and Urban Development. Vice President Kamala Harris cast the deciding vote to break a 50-50 tie.

The position of FHA commissioner has been vacant since the resignation of Dana Wade in March 2021. President Joseph Biden nominated Gordon to head the FHA in June 2021.

Congress created the FHA in 1934 and the organization became part of HUD’s Office of Housing in 1965. The FHA provides mortgage insurance on loans made by approved lenders on single-family homes, multifamily properties, residential care facilities and hospitals.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

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