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FHA Commissioner Carol Galante Resigns

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The Mortgage Bankers Association has confirmed that Carol Galante has resigned as the commissioner of the FHA.

David H. Stevens, president of the MBA said in a press release that her departure is a “great loss for the industry as well as to HUD.”

Galante has accepted a new position at the University of California, Berkley.

Image via flickr/Dave Kliman

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