WASHINGTON (1/13/14)--Director of the Federal Housing Finance Agency Mel Watt has appointed four special advisors to provide counsel on policy and strategic decisions at the agency. They are Megan Moore, Bob Ryan, Eric Stein and Mario Ugoletti.
Watt, sworn into his FHFA seat Jan. 6, said the new hires, along with a strong staff already in place, will "provide solid advice and perspective on the important issues I will be facing as director of the agency."
Stein's name, in particular, may be familiar to credit unions, as he previously worked at the Center for Community Self-Help, Durham, N.C., as chief operating officer and for the Center for Responsible Lending as senior vice president. He is also the former deputy assistant secretary for consumer protection at the U.S. Treasury Department.
At FHFA, Stein will serve initially as special advisor and acting chief of staff and later will become special advisor--consumer.
Moore will join the FHFA as special advisor--intergovernmental. She has worked at Treasury since June 2009, most recently as deputy assistant secretary for housing, small business and TARP in the Office of Legislative Affairs. Moore also worked in the U.S. House of Representatives from 2006 to 2009.
Ryan, who most recently served as a senior vice president of capital markets at Wells Fargo Home Mortgage, will join the FHFA as special advisor--industry. From 2009 to 2012 he was a senior advisor to U.S. Department of Housing and Urban Development Secretary Shaun Donovan and served as the first chief risk officer at the Federal Housing Administration. Ryan also spent 26 years at Freddie Mac.
Ugoletti, special advisor to the acting director of the FHFA since 2009, has been appointed by Watt as special advisor--agency. Prior to joining the FHFA, Ugoletti spent 14 years at Treasury Department and served as director of the Office of Financial Institutions Policy from 2004 to 2009.