Assistant Secretary of Housing and Urban Development for Housing

The Assistant Secretary for Housing, who also carries the title Federal Housing Commissioner, is a position within the United States Department of Housing and Urban Development. The Assistant Secretary is responsible for overseeing the $400 billion Federal Housing Administration insurance portfolio. He or she also oversees the Department of Housing and Urban Development's regulatory responsibilities in the areas of the Real Estate Settlement Procedures Act, the housing mission of Fannie Mae and Freddie Mac, and the manufactured housing industry.

The Federal Housing Commissioner is appointed by the President and confirmed by the United States Senate. [cite web | title="US CODE: Title 42,3533. Officers of Department" | url=http://www.law.cornell.edu/uscode/html/uscode42/usc_sec_42_00003533----000-.html | accessdate= September 27 | accessyear= 2007 ] The Assistant Secretary is third in the order of succession for the office of Secretary of Housing and Urban Development. [cite web | title="Executive Order on Succession at the Department of Housing and Urban Development" | url=http://www.whitehouse.gov/news/releases/2001/12/20011229-6.html | accessdate= September 27 | accessyear= 2007 ] The Assistant Secretary is paid at level IV of the Executive Schedule, [cite web | title="US CODE: Title 5,5315. Positions at level IV" | url=http://www.law.cornell.edu/uscode/html/uscode05/usc_sec_05_00005315----000-.html | accessdate= September 27 | accessyear= 2007 ] meaning he or she receives a basic annual salary of $143,000. [cite web | title="Salary Table 2006-EX" | url=http://www.opm.gov/oca/06tables/html/ex.asp | accessdate= September 27 | accessyear= 2007 ] The incumbent Federal Housing Commissioner is Brian D. Montgomery, who was confirmed in February 2005.cite web | title="HUD - The Honorable Brian D. Montgomery Assistant Secretary For Housing - Federal Housing Commissioner" | url=http://www.hud.gov/offices/hsg/bios/bmontgomery.cfm | accessdate= September 27 | accessyear= 2007 ] The previous Federal Housing Commissioner was John C. Weicher. [cite web | title="HUD Testimony - John C. Weicher, Assistant Secretary for Housing-Federal Housing Commissioner-Designate, 5/15/01" | url=http://www.hud.gov/offices/cir/test51501c.cfm | accessdate= September 27 | accessyear= 2007 ]

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