President Donald Trump announced that he intends to designate Comptroller of the Currency Joseph Otting to become acting director of the Federal Housing Finance Agency once Mel Watt’s term ends Jan. 6.
Otting would serve until a permanent director is confirmed by the Senate while also continuing to carry out his duties as comptroller, a role he has held since November 2017.
Find out more about Otting’s experience and his ties to the mortgage marketplace.