James B. Lockhart, director of the Federal Housing Finance Agency (FHFA), has announced the formal integration of three agencies – the Office of Federal Housing Enterprise Oversight, the Federal Housing Finance Board, and the Department of Housing and Urban Development's government-sponsored enterprise mission team – into the FHFA.
Lockhart also appointed several new executives. Edward DeMarco was named senior deputy director, chief operating officer and deputy director for housing mission and goals. Stephen Cross was named deputy director of the division of Federal Home Loan Bank Regulation. Chris Dickerson was named deputy director of the Division of Enterprise Regulation.
FHFA also announced the establishment of the new agency's Web site, www.FHFA.gov.