Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), made the following statement regarding the Senate’s confirmation of Dana Wade to be the next Federal Housing Commissioner at the U.S. Department of Housing and Urban Development (HUD).

“MBA applauds the Senate for confirming Dana Wade to be the next FHA Commissioner. During her tenure at HUD, Ms. Wade has been an integral part in strengthening the various programs that provide affordable housing opportunities and assistance to homebuyers and renters. With her expertise and experience, I am confident that Ms. Wade will be successful in developing workable solutions during this unprecedented time. We look forward to continuing to work with her, Secretary Ben Carson, Deputy Secretary Brian Montgomery, and others in the administration on policies and programs to ensure a sustainable housing market while offering relief for affected borrowers and renters, and protecting taxpayers.”