FHFA Appoints Deputy Director of Federal Home Loan Bank Regulation

Edward DeMarco, acting director of the ""Federal Housing Finance Agency"":http://www.fhfa.gov/ (FHFA), announced the promotion of Fred C. Graham to deputy director of the Division of Federal Home Loan Bank Regulation.

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Graham has been with FHFA since its establishment in 2008 and has held several senior positions within the agency. Most recently, he served as acting deputy director of the Division of Supervision Policy and Support and as senior associate director of the Office of Risk Analysis, where he chaired FHFA's Risk Committee.

Prior to joining FHFA, Graham served as a senior economist and head of risk modeling with the Federal Housing Finance Board, one of FHFA's predecessor agencies. He also spent time as an economist with the Office of the Comptroller of the Currency and has taught economics at American University and the University of Texas at Arlington.

""Fred has been a tremendous asset to FHFA and I look forward to his leadership in his new role guiding the regulation and supervision of the Federal Home Loan Banks,"" DeMarco said. ""I am grateful to him for the leadership he displayed as Acting Deputy Director of DSPS and know that he will be an excellent supervisor of the Federal Home Loan Banks going forward.""