{"id":20068,"date":"2025-01-09T18:55:20","date_gmt":"2025-01-09T18:55:20","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/real-estate\/sandra-thompson-to-depart-fhfa-prior-to-trump-inauguration\/"},"modified":"2025-01-09T18:55:20","modified_gmt":"2025-01-09T18:55:20","slug":"sandra-thompson-to-depart-fhfa-prior-to-trump-inauguration","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=20068","title":{"rendered":"Sandra Thompson to depart FHFA prior to Trump inauguration"},"content":{"rendered":"


\n<\/p>\n

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Federal Housing Finance Agency<\/strong><\/a> (FHFA) Director Sandra Thompson will leave her post on Jan. 19, a day before the inauguration of President-elect Donald Trump<\/a>, according to an agency spokesperson who spoke with Bloomberg<\/a>.<\/p>\n

Thompson first joined FHFA following a 23-year tenure at the Federal Deposit Insurance Corp.<\/strong><\/a> (FDIC) before becoming its deputy director in 2013. After President Joe Biden took office in 2021 \u2014 and following a U.S. Supreme Court<\/strong><\/a> decision granting the president the power<\/a> to fire the director of the agency \u2014 Biden replaced<\/a> then-incumbent FHFA director and Trump appointee Mark Calabria with Thompson on an acting basis.<\/p>\n

In December 2021, Biden nominated<\/a> Thompson for the permanent director position pending Senate<\/strong><\/a> confirmation, which she received<\/a> in May 2022.<\/p>\n

Thompson\u2019s exit immediately precedes the installation of the second Trump administration. During the 2024 campaign, allies of the president-elect revived long-sought Republican policy goals<\/a> of ending the federal conservatorship of the government-sponsored enterprises (GSEs). A potential first step toward that was made last week when the U.S. Treasury<\/strong> and the FHFA announced<\/a> an agreement to amend the Preferred Stock Purchase Agreements (PSPAs) with Fannie Mae<\/strong> and Freddie Mac<\/strong>.<\/p>\n

Thompson has led the FHFA through a tumultuous period for the U.S. housing market<\/a>. While the agency recently touted its efforts to prevent foreclosures<\/a>, the actual rate of foreclosures also increased, and some of Thompson\u2019s proposed policies during her leadership tenure received pushback from Congress<\/strong> \u2014 sometimes on a bipartisan basis.<\/p>\n

The same Supreme Court decision that allowed her to take the leadership role would also have allowed Trump to fire her once he assumes office.<\/p>\n

Related<\/em><\/h3>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"

Federal Housing Finance Agency (FHFA) Director Sandra Thompson will leave her post on Jan. 19, a day before the inauguration of President-elect Donald Trump, according to an agency spokesperson who spoke with Bloomberg. Thompson first joined FHFA following a 23-year tenure at the Federal Deposit Insurance Corp. (FDIC) before becoming its deputy director in 2013. […]<\/p>\n","protected":false},"author":1,"featured_media":20069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[12899,12905,12795,12900,12907,12901,12906,12904,12902,5196,1175,12903],"dealstore":[],"offerexpiration":[],"class_list":["post-20068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-biden-administration","tag-depart","tag-donald-trump","tag-fhfa","tag-inauguration","tag-joe-biden","tag-prior","tag-sandra","tag-sandra-thompson","tag-thompson","tag-trump","tag-trump-administration"],"yoast_head":"\nSandra Thompson to depart FHFA prior to Trump inauguration - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=20068\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sandra Thompson to depart FHFA prior to Trump inauguration - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Federal Housing Finance Agency (FHFA) Director Sandra Thompson will leave her post on Jan. 19, a day before the inauguration of President-elect Donald Trump, according to an agency spokesperson who spoke with Bloomberg. 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