OBAMA ADMINISTRATION NOMINATES CAROL GALANTE FOR FHA COMMISSIONER

The Obama administration nominated Carol J. Galante as Commissioner to the Federal Housing Administration (FHA). Galante replaces Robert Ryan who filled in as Acting Secretary of FHA when Dave Stevens resigned to take over the Mortgage Bankers Association earlier this year.

Prior to being nominated as Commissioner of FHA she was a deputy assistant secretary for the Office of Multifamily Housing at HUD and prior to that she was served as President and CEO of BRIDGE Housing.