President Joe Biden (D) announced his intent to nominate Sandra Thompson to serve as the director of the Federal Housing Finance Agency (FHFA). Thompson has been serving as acting director since June of 2021. Before being named FHFA acting director, Thompson served as deputy director of the Division of Housing Mission and Goals (DHMG). Since March 2013, as the DHMG deputy director, Thompson oversaw FHFA’s housing and regulatory policy, capital policy, financial analysis, fair lending and all mission activities for Fannie Mae, Freddie Mac and the Federal Home Loan Banks.