ALTA Applauds Nomination of Montgomery as HUD Deputy Secretary
October 8, 2019
ALTA applauded President Trump’s intent to nominate Brian Montgomery as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD).
“ALTA applauds President Trump’s intent to nominate Brian Montgomery to serve as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD) and encourages the Senate to move this nomination quickly,” said Diane Tomb, ALTA’s chief executive officer. “Having served as head of the Federal Housing Administration twice and managed several HUD programs, Brian understands the importance of developing initiatives that help Americans attain homeownership. He has a keen sense of consumer needs and the vision for regulations that helps businesses serve consumers fairly. Brian’s credentials and outstanding experience in the housing industry are unrivaled. We are fortunate to have someone with his knowledge and leadership take over such a critical role.”
Montgomery would replace Pam Patenaude, the former No. 2 at HUD who stepped down in January.
ALTA's Board of Governors met with Montgomery in September to discuss digital closings and the growing threat of mortgage closing scams and wire transfer fraud.
Montgomery was confirmed by the Senate to the position of FHA commissioner in May 2018. It is his second stint leading the agency after having filled the same role in the George W. Bush administration.
"With more than 30 years of experience in both the public and private sectors, including his first term as commissioner from 2005 to 2009, Mr. Montgomery brings to HUD a deep knowledge of housing issues and vast experience spearheading large-scale policy initiatives," the White House said in a statement.
Contact ALTA at 202-296-3671 or [email protected].