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Commercial Real Estate Finance Council Congratulates Sandra Thompson on Confirmation as FHFA Director

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NEW YORK, May 27, 2022 /PRNewswire/ — The Commercial Real Estate Finance Council (CREFC) congratulates Sandra Thompson on her confirmation on May 25, 2022, as Director of the Federal Housing Finance Agency (FHFA). The U.S. Senate confirmed Thompson for a five-year term in a bipartisan vote of 49-46. Thompson had been serving as Acting Director since June 2021, and President Biden nominated her in December 2021 to permanently head the agency, which was created in 2008 to oversee Fannie Mae, Freddie Mac and the Federal Home Loan Bank System.

Director Thompson has over four decades of government experience in Federal financial institution regulation, risk management, and consumer protection, with a keen focus on both the primary and secondary mortgage markets. Thompson’s confirmation comes at important crossroads in the nation’s housing market as the country emerges from the pandemic and issues of housing availability and affordability come to the…

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