Robin Wiessmann Named New Chief Executive at PHFA

Feb 11, 2020

The Pennsylvania Housing Finance Agency (PHFA) has announced the appointment of Robin Wiessmann as its new executive director and chief executive officer. She replaces Brian Hudson, who has retired.

Wiessmann has been secretary at Pennsylvania Department of Banking and Securities since 2015. She also served as Pennsylvania State Treasurer from 2007 to 2009. Outside of her public sector work, Wiessmann was a founding principal and president of Artemis Capital Group, the first female-owned investment banking firm on Wall Street. Earlier in her career, she was vice president of public finance at Goldman Sachs.

"I am honored to have this opportunity to lead PHFA, which does so much good work across the state making sure that people have quality, affordable places to live," said Wiessmann. "During its 47 years of existence the agency has established a stellar reputation for addressing housing needs across Pennsylvania, and I look to continue building on that strong record of accomplishment."

About the author

Phil Hall

Link copied

Published

Feb 11, 2020

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...

Analysis and Data

Every Dollar A Fraudster Makes, A Financial Firm Loses $4.41

U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.

Overall fraud increased at least 6% for 63% of financial firms within the past year, with digital channels accounting for half of the overall fraud losses, according to LexisNexis True Cost of Fraud Study: Financial Services and Lending Report — US and Canada Edition. U....