The Federal Housing Finance Agency has announced that special advisor Bob Ryan will step down from his position, effective July 12.
Ryan has served as special advisor to the head of the agency since 2014. Before joining the FHFA, he worked at Wells Fargo Home Mortgage as senior vice president of capital markets.
He spent three years as senior advisor to Shaun Donovan, secretary of the US Department of Housing and Urban Development, as well as served as the first chief risk officer at the Federal Housing Administration. Additionally, Ryan held various senior executive roles at Freddie Mac for 27 years.
“Bob’s advice and counsel during my transition have been invaluable. I greatly appreciate his service at FHFA during the past five years and his role in helping ensure liquidity and funding for the nation’s housing finance system,” said FHFA Director Mark Calabria. “Bob truly is a model public servant who cares deeply about the country, and we would all do well to follow his example. He will be missed, and I wish him the best in his future endeavors.”
“I am proud of what we’ve accomplished, and am encouraged by Director Calabria’s ambitious agenda and the energy he is bringing to resolve the unfinished business of our country’s housing finance system,” Ryan said. “Ensuring access to affordable and sustainable housing remains a critically important and challenging issue for our country.”