HUD Names Richard Green Senior Advisor on Housing Finance – NMP Skip to main content

HUD Names Richard Green Senior Advisor on Housing Finance

Jul 17, 2015
HUD Headquarters Pic

The U.S. Department of Housing & Urban Development (HUD) has announced the appointment of Richard K. Green as Senior Advisor on Housing Finance in the Office of Policy Development and Research (PD&R). Green replaces Edward Golding, who has served since March as Principal Deputy Assistant Secretary for the Office of Housing. During the one-year appointment, which began this month, Green will advise on the creation of a sustainable housing system that provides support during market disruptions. Within PD&R, he will help set the agenda for housing finance research and play a key role in a range of housing finance projects.

Specifically, Green will help guide HUD’s ongoing efforts to ensure continued access to homeownership and multifamily investment opportunities for creditworthy borrowers. He will be part of PD&R’s work with the FHA and participate in cross agency housing groups, such as the Rental Policy Working Group and others.

“We’re delighted that Richard is bringing his significant experience and talent to HUD this year," said ​Katherine O’Regan, HUD’s Assistant Secretary for Policy Development and Research. "His expertise will be immediately leveraged both for our housing finance efforts today and to help set our future research agenda.”

Green comes to HUD from his role as Director of the University of California’s Lusk Center, which seeks to advance real estate knowledge, inform business practice, and address timely issues that affect the real estate industry, the urban economy, and public policy. Green will return as Director after June 2016.

About the author
Published
Jul 17, 2015
Insuring The Risk To Lenders At Closing

Traditional protections like title insurance and closing protection letters may leave lenders exposed to significant settlement, funding, and fraud-related losses

CHLA Uses Trump Mortgage Order To Renew Push For LO Comp Reform

Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs

Servicers Begin Testing Systems Ahead of VA Partial Claim Deadline

VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program

ROAD Act’s Housing Incentive May Be Too Small To Move Supply

Realtor.com finds the median city risks losing only about $84,000, although the policy could carry more weight in supply-starved Northeast and Midwest markets

CRA Proposal Could Reshape Bank Lending And Affordable Housing Investment

The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks

Fannie Mae AI Governance Deadline Arrives Aug. 6

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place