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DS News April 2022

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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54 WORKING TOWARD EQUITY AND SUSTAINABILITY Sandra L. Thompson, Acting Director of the FHFA, speaks with DS News about her goals and priorities for the Agency and her vision for the future of the GSEs. President Biden appointed Sandra L. ompson as Acting Director of the Federal Housing Finance Agency (FHFA) on June 23, 2021, capping a long career within government that included serving as Deputy Director of the Division of Housing Mission and Goals (DHMG) since March 2013. In that role, ompson oversaw FHFA's housing and regulatory policy, capital policy, financial market activities, fair lending, and the community and economic development mission for Fannie Mae, Freddie Mac (together, the Enterprises), and the Federal Home Loan Banks. Prior to joining FHFA, ompson worked at the Federal Deposit Insurance Corporation (FDIC) for more than 23 years, serving in various roles such as Director of the Division of Risk Management Supervision. At FDIC, she led the Agency's examination and enforcement program for risk management and consumer protection at the height of the financial crisis. She also led the FDIC's outreach initiatives in response to a crisis of consumer confidence in the banking system. On March 16, the Senate Banking Committee advanced ompson's nomination as Director of FHFA. Just a few weeks prior to that, ompson spoke with DS News to discuss her priorities and goals within FHFA, as well as the challenges she is working to surmount, including a commitment to the guiding principles of accessibility, affordability, sustainability, transparency, and accountability. What are the key accomplishments you'd like to highlight since you took on the role of FHFA's Acting Director last summer? e first thing I'd like to acknowledge is the support of the FHFA staff, work can be very Cover Story By: David Wharton

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