FHA chief leaving to run housing policy group

Published on Aug 11, 2014

Federal Housing Administration Commissioner Carol Galante will step down after less than two years on the job to become a professor at the University of California, Berkeley, and head up a housing policy group there, Bloomberg News reports.

HUD’s Biniam Gebre will become acting FHA commissioner when Galante leaves in the fall, Bloomberg reports. Source: businessweek.com.

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