CoreLogic Impact Award Presented to Brian Montgomery for Commendable Service to the Housing Industry and the Country
September 29 2020 - 3:15PM
Business Wire
Award recognizes career contributions to the
industry and dedicated public service
CoreLogic® (NYSE: CLGX), a leading global property information,
analytics and data-enabled solutions provider, is pleased to
announce its third CoreLogic Impact Award winner, deputy secretary
of the U.S. Department of Housing and Urban Development (HUD) Brian
Montgomery. In lieu of hosting its annual EPIQ event due to
COVID-19, CoreLogic presented the award today during a special
virtual event exclusively honoring Montgomery.
The CoreLogic Impact Award honors individuals with outstanding
accomplishments in the areas of housing, community economic
development and public policy. As deputy secretary of HUD,
Montgomery works diligently to address the most critical housing
needs of Americans. Through this role, he manages the day-to-day
operations of the agency, oversees the department’s disaster
function and advises and assists the secretary in leading the
department’s nearly 8,000 employees.
“Brian has been considered one of the most accomplished and
impactful leaders within the housing industry over the past three
decades,” said Frank Martell, president and CEO, CoreLogic. “We are
thrilled to recognize and honor him for his many accomplishments,
which have been essential in guiding the housing market during
these unprecedented times.”
Montgomery has demonstrated impeccable leadership and
extraordinary responsibility, oftentimes covering multiple senior
leadership roles concurrently, including Federal Housing
Administration (FHA) commissioner and deputy secretary. He brings a
deep knowledge of housing issues and vast experience spearheading
large scale policy initiatives and is a pillar and exemplar of
commitment to excellence in public service.
“It is my honor to receive this award and a privilege to have
worked in the housing sector with so many dedicated people over the
years,” Montgomery said. “I am humbled by your recognition and
grateful for the friends I have made, and I greatly appreciate the
opportunities we have been given to make a difference.”
Prior to assuming the role of deputy secretary, Montgomery
served as Federal Housing Commissioner. Nominated by President
Trump in September 2017, his confirmation marks the first time an
individual has served as head of the FHA twice, and under three
different administrations. As commissioner, he managed FHA’s more
than $1.4 trillion mortgage insurance portfolio, which includes its
single-family, multifamily and health care programs. He is also
responsible for initiating the major modernization effort underway
inside FHA and has strengthened FHA’s capital position within its
Mutual Mortgage Insurance Fund. This has helped to ensure the
agency is now in a solid position to provide confidence to housing
markets during a crisis like COVID, rather than simply reacting to
it. As assistant secretary for housing, he has overseen HUD’s
Project-based Section 8 rental assistance housing program, the
Office of Housing Counseling and Manufactured Housing Program.
During his first term as HUD’s assistant secretary for housing
and FHA commissioner, Montgomery led regulatory reform of the Real
Estate Settlement Procedures Act, developing solutions to assist
struggling homeowners during the financial crisis, and his
leadership of FHA modernization efforts that led to legislation in
2008.
Most recently, Montgomery has secured substantial funding for
technology innovation at FHA, including congressional
appropriations up $20 million per year over four years to modernize
the IT infrastructure. This work includes the digitization of FHA
loan origination, servicing and claims processes. Additionally, his
leadership role steering FHA and HUD through COVID-19 proved
instrumental in making crucial changes to key servicing policies.
These were designed to keep homeowners in their homes through the
pandemic, as well as to shore up the liquidity of mortgage
servicers assisting these homeowners.
“I want to thank everyone who has helped and inspired me
throughout my life and career,” Montgomery said. “It’s been my
honor. I look forward to continuing to work with the industry to
address the many challenges ahead with renewed purpose and
vigilance.”
About CoreLogic
CoreLogic (NYSE: CLGX), the leading provider of property
insights and solutions, promotes a healthy housing market and
thriving communities. Through its enhanced property data solutions,
services and technologies, CoreLogic enables real estate
professionals, financial institutions, insurance carriers,
government agencies and other housing market participants to help
millions of people find, buy and protect their homes. For more
information, please visit www.corelogic.com.
CORELOGIC and the CoreLogic logo are trademarks of CoreLogic,
Inc. and/or its subsidiaries. All other trademarks are the property
of their respective holders.
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Media Contacts: Valerie Sheets Corporate Communications
newsmedia@corelogic.com
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