The U.S. Senate has confirmed Dana Wade to serve as commissioner of the Federal Housing Administration (FHA).
“Dana has been a tremendous asset to the department and the administration throughout her years of service, and I have full confidence in her ability to successfully lead FHA,” says U.S. Department of Housing and Urban Development Secretary Ben Carson.
Wade’s housing expertise includes her previous role as acting federal housing commissioner and assistant secretary for housing from July 2017 to June 2018. In that position, she oversaw over 2,400 employees and implemented enhanced risk management and monitoring of FHA’s $1.3 trillion portfolio. Wade also served as a program associate director for general government at the Office of Management and Budget from December 2018 to December 2019, where she led budget oversight for six executive branch agencies.
“I’m extremely grateful for this opportunity to hit the ground running during this critical time for our nation’s housing markets,” Wade says.
“Wade has been an integral part in strengthening the various programs that provide affordable housing opportunities and assistance to home buyers and renters,” comments Robert D. Broeksmit, president and CEO of the Mortgage Bankers Association. “With her expertise and experience, I am confident that Wade will be successful in developing workable solutions during this unprecedented time.”
In Congress, she served in senior roles, including deputy staff director for the Senate Committee on Banking, Housing and Urban Affairs and deputy staff director for the Senate Committee on Appropriations under Sen. Richard Shelby, R-Ala.