Leadership & Organization | Federal Housing Finance Agency

Division of Accounting and Financial Standards (DAFS) led by Deputy Director
 Nina Nichols provides advisory support to DER, includes several cross-Agency functions including the Office of the Chief Accountant (OCA), the Office of the Ombudsman, and the Office of Executive Compensation. The division oversees accounting policy, identifies financial institution trends, and best practices. DAFS also assists with Federal Housing Finance Oversight Board responsibilities. OCA is FHFA’s authoritative resource for accounting, auditing, financial reporting, financial disclosure, and governance matters. The Office of Ombudsman is responsible for considering complaints and appeals from any appeals from any regulated entity, the Office of Finance, or any person who has a business relationship with a regulatory entity or the Office of Finance concerning any matter relating to FHFA’s regulation and supervision. The Office of Executive Compensation performs FHFA’s oversight of executive compensation matters at the regulated entities.

Division of Enterprise Regulation (DER) led by Deputy Director Andre D. Galeano​ provides management oversight, direction, and support for all examination activity involving the Enterprises, the development of supervision findings, and preparation of the annual reports of examination. The division monitors and assesses the financial condition and performance of the Enterprises and their compliance with regulations through annual on-site examinations and periodic visits. An examiner-in-charge leads examination activity at each Enterprise.  Examination teams will expand further as DER continues to build towards a post-conservatorship future.​

Division of Housing Mission and Goals (DHMG) led by Deputy Director
Naa Awaa Tagoe is responsible for FHFA policy development and analysis, oversight of housing and regulatory policy, oversight of the mission and goals of the Enterprises, and the housing finance and community and economic development mission of the FHLBanks. In support of FHFA’s mission and the Director’s responsibilities as a member of the Federal Housing Finance Oversight Board, the Financial Stability Oversight Board, and the Financial Stability Oversight Council, Tagoe also oversees and coordinates FHFA activities including data analyses, market surveillance, systemic risk monitoring, and analysis affecting housing finance and financial markets.

Economics, research, and data analytics are core elements of effective regulatory policy, supervision, and oversight. The Agency set up the Division of Research and Statistics (DRS) in early 2020 to act as a research and data service center for other Divisions/Offices engaged in policy development, oversight, supervision, and rulemaking. The Division sources, integrates, manages, and governs data for use throughout the Agency. The Division also publishes data and statistics for the public including the FHFA House Price Index (HPI), National Mortgage Database (NMDB) aggregate statistics, National Survey of Mortgage Originations (NSMO) data, and the Enterprise Public Use Database (PUDB). DRS is led by Deputy Director
Daniel E. Coates​; the Division includes three main offices: Office of Economic Research led by the Chief Economist; Office of Policy Evaluation led by a Senior Associate Director; and Office of Data & Statistics led by the Chief Data Officer. ​​

Office of the Chief Operating Officer (OCOO) led by Chief Operating Officer Katrina D. Jones oversees the agency’s day-to-day operations that include facilities management, contingency planning, continuity of operations, financial and strategic planning and budgeting, contracting, hiring and human resources management, information technology, quality assurance, and coordination with the FHFA Office of Inspector General. The office leads reporting on strategic planning and accountability, and develops recommendations for long-term improvements in agency operations.

Office of Equal Opportunity and Fairness (OEOF) led by Deputy Director Debra Chew serves as a focal point for creating and maintaining equity and fairness for all FHFA employees. OEOF ensures the existence of an equitable and civil workplace, grounded in the dignity and respect for each of our employees. OEOF advocates for a model Equal Employment Opportunity (EEO) program while remaining proactive and impartial in its administration of the federal EEO Complaints Process and the Harassment Prevention Program. OEOF sponsors learning programs to educate employees on their rights and responsibilities under the civil rights laws. OEOF also develops tools and methodologies to better inform the workforce about addressing workplace conflict and seeking alternative dispute resolution.

Office of General Counsel (OGC) led by General Counsel Clinton Jones advises and supports the Director and FHFA staff on legal matters related to the functions, activities, and operations of FHFA and the regulated entities. It supports supervision functions, regulations writing, housing mission policy initiatives, and enforcement actions. The office oversees the bringing or defense of litigation. The office also manages the Freedom of Information Act and Privacy Act programs. The ethics official advises, counsels and trains FHFA employees on ethical standards and conflicts of interest, and manages the agency’s financial disclosure program.

Office of Minority and Women Inclusion (OMWI) led by Acting Director Lou Scalza is responsible for all matters of the Agency relating to diversity in management, employment, and business activities. In accordance with the Dodd-Frank Act, OMWI is responsible for leading the Agency’s efforts to develop and implement, or promote equal employment opportunity and the racial, ethnic, and gender diversity of the Agency’s workforce, including senior management, as well as increased participation of minority- and women-owned businesses in Agency programs and contracts, and standards for coordinating technical assistance to such businesses. In addition, OMWI performs diversity and inclusion examinations of all of the Agency’s regulated entities.