Statement: Nomination of Frank Cassidy as FHA Commissioner
WASHINGTON — Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement regarding the nomination of Frank Cassidy to serve as Federal Housing Administration (FHA) Commissioner:
“USMI congratulates Frank Cassidy on his nomination to serve as FHA Commissioner and Assistant Secretary of Housing, where Cassidy’s extensive background in real estate and housing finance will position him to make an immediate and positive impact at FHA and for the borrowers the agency serves. Upon confirmation by the U.S. Senate, we look forward to working with Frank Cassidy on a coordinated housing finance policy to facilitate access to affordable and sustainable mortgage financing for working class families across the country while promoting safety and soundness in the U.S. housing finance system.”
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U.S. Mortgage Insurers (USMI) is dedicated to a housing finance system backed by private capital that enables access to housing finance for borrowers while protecting taxpayers. Mortgage insurance offers an effective way to make mortgage credit available to more people. USMI is ready to help build the future of homeownership. Learn more at www.usmi.org.
