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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 14 August 2024 M O V E R S & S H A K E R S Government HUD APPOINTS FIVE TO MANUFACTURED HOUSING CONSENSUS COMMITTEE T he U.S. Department of Housing & Urban Development (HUD) has announced the appointment of five new members to serve on its Manu- factured Housing Consensus Committee (MHCC), a Federal Advisory Committee. The following members have been added to the MHCC: » David Kruczek, Consumer; » Tim Sheahan, National Manufactured Homeowners Association; » Sean Roberts, Villa Homes; » Kaye Lawlis, Kentucky Housing Cor- poration; and » Randy Sauders, RADCO. "With today's appointments, we sup- port the manufactured housing expertise offered to HUD by the Manufactured Housing Consensus Committee as well as a broad diversity of viewpoints and expe- rience," Assistant Secretary for Housing Julia Gordon said. "We look forward to welcoming the new members at the next Committee meeting this fall." The MHCC is a statutory Federal Ad- visory Committee body charged with pro- viding recommendations to the Secretary on the revision and interpretation of HUD's manufactured home construction and safety standards and related procedural and enforcement regulations. The MHCC also developed the first set of model installation standards for the manufactured housing industry. By regulation, HUD has included the MHCC in the process of revising the Manufactured Home Model Installation Standards, Installation Program Regula- tions, and Dispute Resolution Program regulations. MHCC meeting topics can cover the full scope of building standards. The MHCC was established by the Manufactured Housing Improvement Act of 2000, which amended the National Manufactured Housing Construction and Safety Standards Act of 1974. The Act required the establishment of the MHCC to: » Provide periodic recommendations to the Secretary to adopt, revise, and interpret the manufactured housing construction and safety standards; » Provide periodic recommendations to the Secretary to adopt, revise, and interpret the procedural and enforce- ment manufactured housing regula- tions; » Be organized and conduct its business in a manner that guarantees a fair opportunity for the expression and consideration of various positions and for public participation; and » Be deemed to be an advisory commit- tee not composed of Federal employees. The Act authorizes the Secretary to ap- point a total of 22 members to the MHCC. Twenty-one members have voting rights; the 22nd member represents the Secretary and is a non-voting position. Service on the MHCC is voluntary. Travel and per diem for meetings is provided in accor- dance with federal travel policy pursuant to 5 U.S.C. 5703. Lenders/Servicers FLAGSTAR WELCOMES NINE NEW EXECS F lagstar Bank, the bank subsidiary of New York Community Bancorp (NYCB), has announced the appointment of nine seasoned leaders to its leadership team, effective immediately. These additions further enhance the com- pany's oversight of core businesses and client-focused operations, bringing a blend of financial, commercial, private banking, IT, credit, and regulatory pedigree to the organization. Movers & Shakers Joining the leadership team and reporting to Joseph M. Otting, Chairman, President, and CEO of NYCB and of its bank subsidiary, Flagstar Bank, are the following: Richard Raffetto, SEVP, President of Commercial and Private Banking: Raffetto joins Flagstar Bank with more than 30 years of experience in the banking industry, and more than 20 years serving in executive leadership positions and building commercial, corporate, and private banking teams. From 2020 to 2024, Rich served as President and Director of City National Bank, the U.S. commercial and private banking subsidiary of Royal Bank of Canada. He most recently led their commercial lines of business and products, including its leasing, treasury management, payments, and capital markets units. Prior to that, he spent approximately 13 years at U.S. Bank in senior roles in its commercial and corporate banking organization, and 14 years at BNY Mellon in its corporate banking client management unit. Kris Gagnon, SEVP, Chief Credit Officer: Gagnon brings more than 35 years of banking leadership experience to the team having spent 30 years at Bank of America in various senior leadership roles, including as Enterprise Credit Risk Executive, Chief Risk Officer of the Global Corporate and Commercial Bank, and Chief Credit Officer for the Commercial Banking, Leasing and Global Treasury Services Division. Following those roles, Kris served as Chief Credit Officer at Banc of California and CIT Bank (formerly known as OneWest Bank).