FHFA promotes Galeano to oversee the Federal Home Loan banks

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Troubled Federal Home Loan Banks . FEDERAL HOUSING FINANCE AGENCY. FHFA’s Oversight of Troubled Federal Home Loan Banks. and other activities of the programs and operations of FHFA; to recommend policies that promote economy and efficiency in the administration of such programs and

FHFA promotes Galeano to oversee the Federal Home Loan banks The federal housing finance agency promoted Andre Galeano to oversee its regulation and supervision of the 11 Federal Home Loan banks. Career moves Brad Finkelstein August 9, 2017

The Mortgage Bankers Association, in a letter to the Federal Housing Finance Agency, said it supported the agency’s proposed rule to amend existing Federal Home Loan Bank housing goals but urged agency to monitor the rule’s impact on the FHLB Acquired Member Assets programs.

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Andre Galeano will serve as the new deputy director of the Division of Federal Home Loan Bank Regulation, the federal housing finance agency announced in a statement Wednesday. His appointment is effective Aug. 18.He will oversee the regulation and supervision of all 11 FHLBs. Galeano succeeds fred graham, who announced his retirement earlier in the year.