Senate Confirmation of Federal Housing Finance Board Director Applauded
The nation’s home builders last week commended the U.S. Senate for confirming the nomination of Alicia R. Castaneda to serve as a director of the Federal Housing Finance Board (FHFB).
“The FHFB regulates the Federal Home Loan Bank System, a key component of the nation’s housing finance framework, and will clearly benefit from Ms. Castaneda’s knowledge of community financing issues,” said NAHB Executive Vice President and CEO Jerry Howard. “With a quarter century of experience in the financial services industry, she is well qualified for this important new post.”
Castaneda is currently senior vice president at Bank of America, where she has held positions as a market executive in the International Private Bank Division and as senior vice president and manager for the Treasury Division.
She has a vast array of experience in complex financial market transactions, including fixed-income instrument sales and trading, arbitrage management, and funding and liability management.These skills should serve her well in her new role, Howard noted.
“We certainly look forward to building a working relationship with Ms. Castaneda, and wish her the best as she undertakes her new responsibilities,” he said.