Last week, it was announced that Adolfo Marzol will join HUD as a senior advisor to Secretary Ben Carson, advising the Secretary on “matters related to mortgage finance.” Marzol was a board member and executive vice president at Essent U.S. Holdings, a mortgage insurance company established in 2008 after the housing collapse. This position does not require Senate confirmation.
It has also been reported that President Trump is preparing to nominate Brian Montgomery to run the Federal Housing Administration (FHA). If nominated and confirmed by the Senate, this will be Montgomery’s second tour as FHA commissioner – a job he previously held under former President George W. Bush.
President Trump has also nominated David Kautter to serve as the Treasury Department’s assistant secretary for tax policy. Most recently, Kautter was a partner-in-charge of the Washington National Tax practice for the audit, tax and consulting firm RSM US LLP. If confirmed by the Senate, Kautter is expected to play a leading role in the administration’s efforts on tax reform.