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FHA Commissioner Carol Galante Resigns


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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