The current acting director of the Federal Housing
Finance Agency has been nominated to officially run the agency. The White House
announced on Tuesday that Sandra L. Thompson’s name will be submitted to the Senate
for formal confirmation to the post.

Before being named
as acting director earlier this year Thompson had served as FHFA’s deputy
director of Housing Mission and Goals since 2013, overseeing FHFA’s housing and
regulatory policy, capital policy, financial analysis, fair lending, and all
mission activities for Fannie Mae, Freddie Mac, and the Federal Home Loan
Banks. She also worked for the Federal Deposit Insurance Corporation (FDIC),
for more than 23 years in a variety of leadership positions, most recently as
Director of the Division of Risk Management Supervision. Thompson is a native of Chicago and a
graduate of Howard University.

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