Andre Galeano succeeds Fred Graham, who is retiring from the role
Andre Galeano has been appointed deputy director of the Federal Housing Finance Agency’s (FHFA) division of Federal Home Loan Bank (FHLB) regulation, FHFA Director Melvin Watt announced.
Galeano has been with the FHFA and a predecessor agency since 2002. He has served as associate director of examinations for the FHLBs, associate director of credit risk for Fannie Mae and Freddie Mac, and examiner-in-charge of Fannie Mae.
“I am pleased that Andre Galeano will be leading this outstanding division and our team of FHLB examiners. Andre’s experience at FHFA has prepared him well for this position and I look forward to working with him,” Watt said.
Galeono’s appointment comes after Fred Graham, the current deputy director of the division, announced his retirement earlier this year. Graham has served in the position since April 2013. Galeano will assume the post upon Graham’s retirement on Aug. 18.
“We are all extremely grateful to Fred for his outstanding years of service to FHFA during which he used his expertise and leadership to ensure the safety and soundness and mission focus of the FHLB system. I wish him all the best in his retirement,” Watt said.
The division supervises FHLBs and the Office of Finance to ensure their safe and sound operation. The division also assesses their compliance with laws and regulations as well as with Affordable Housing Program regulations.
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Galeano has been with the FHFA and a predecessor agency since 2002. He has served as associate director of examinations for the FHLBs, associate director of credit risk for Fannie Mae and Freddie Mac, and examiner-in-charge of Fannie Mae.
“I am pleased that Andre Galeano will be leading this outstanding division and our team of FHLB examiners. Andre’s experience at FHFA has prepared him well for this position and I look forward to working with him,” Watt said.
Galeono’s appointment comes after Fred Graham, the current deputy director of the division, announced his retirement earlier this year. Graham has served in the position since April 2013. Galeano will assume the post upon Graham’s retirement on Aug. 18.
“We are all extremely grateful to Fred for his outstanding years of service to FHFA during which he used his expertise and leadership to ensure the safety and soundness and mission focus of the FHLB system. I wish him all the best in his retirement,” Watt said.
The division supervises FHLBs and the Office of Finance to ensure their safe and sound operation. The division also assesses their compliance with laws and regulations as well as with Affordable Housing Program regulations.
Related stories:
Another Fannie-Freddie bailout could cost taxpayers $100 billion – report
FHFA seeks to improve credit access mortgage borrowers with limited English
