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Appraiser News

Former HUD deputy returns to executive board

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Appraiser News
Wednesday, June 16, 2021

Radian Group Inc. recently announced that Brian Montgomery has rejoined its board of directors following the completion of his second tenure at the U.S. Department of Housing and Urban Development (HUD), most recently serving as the deputy secretary of HUD, according to a press release.

Prior to his most recent role as deputy secretary, Montgomery served as Federal Housing Administration (FHA) commissioner from 2005 to 2009 and from 2018 to 2020. He first served on Radian’s board from 2012 to 2017, stepping down upon his appointment to rejoin HUD as FHA commissioner.

“We are delighted to welcome Brian back to Radian’s Board of Directors, and we congratulate him on completing his second tenure at HUD,” Herb Wender, Radian chairman, said in the release. “Brian’s tremendous expertise and acumen were of great value at the HUD, and the same will be true as he returns to Radian’s board. We look forward to his contributions to Radian’s ongoing work of making affordable and sustainable homeownership possible for more Americans.”

On June 7, 2021, Radian increased the size of its board to eleven and appointed Montgomery to serve a new term.

“I am excited to recommence my work in support of such an innovative and progressive company,” Montgomery said. “Radian stands out from its competition in many ways, in particular, with its commitment to deliver new and better mortgage and real estate solutions and help borrowers achieve their dream of sustainable homeownership. It is an honor to have a second opportunity to help them carry out their vision.”

In addition to his service with HUD, Montgomery also served on the Federal Housing Finance Board from 2005 to 2008 as well as the board of NeighborWorks America from 2005 to 2009 and 2018 to 2021. NeighborWorks America is a federally chartered non-profit agency that provides grants and technical assistance to local housing agencies. From 2001 to 2005 Montgomery served in the White House as a deputy assistant to the president, including serving as cabinet secretary from 2003 to 2005. Montgomery also has been a speaker at October Research LLC’s National Settlement Services Summit (NS3).

 

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