On Thursday evening, the full Senate confirmed Frank Cassidy as assistant secretary of the Department of Housing and Urban Development (HUD) and commissioner of the Federal Housing Administration (FHA), and Joseph Gormley as president of Ginnie Mae.

It also confirmed Travis Hill as chairman of the Federal Deposit Insurance Corp. and Paul Hollis as director of the U.S. Mint.

Cassidy had been principal deputy assistant secretary for HUD since April, overseeing the department’s office of housing and the FHA’s $1.75 trillion mortgage insurance portfolio. Prior to his time at HUD, Cassidy was senior managing director for Walker & Dunlop, one of the largest commercial real estate finance and advisory firms in the country.

In a statement shared by HUD, Cassidy thanked HUD Secretary Scott Turner and President Donald Trump, who nominated him for the position on Aug. 4.

“Under Secretary Turner’s leadership, we will continue modernizing FHA, supporting responsible homeownership, increasing housing supply and strengthening partnerships with the private sector to deliver for American families,” Cassidy stated.

Gormley, who joined government-owned mortgage aggregator Ginnie Mae in April as executive vice president and chief operating officer, has also held roles at the Independent Community Bankers of America, the Mortgage Bankers Association (MBA) and the Financial Industry Regulatory Authority.

“I am grateful for the trust the President and Secretary Turner have placed in me,” Gormley stated. “I look forward to continuing to deliver on Ginnie Mae’s mission to help more Americans realize the dream of homeownership.” 

The confirmations were part of an “en bloc” process that saw 97 nominees receive Senate approval by a vote of 53-43. Their confirmations were shared on a social media post listing the appointments by an X account called “Senate Cloakroom.” A representative of the MBA shared the social media post with Scotsman Guide.

Bob Broeksmit, president and CEO of the MBA, congratulated the newly appointed individuals “on their well-deserved and important confirmations.”

Broeksmit continued: “We will continue to work with these accomplished leaders and their staffs to streamline regulations, strengthen the mortgage market, boost bank participation in real estate finance, expand access to homeownership and rental housing, and promote policies that make housing more affordable for homeowners and renters nationwide.”