HUD has announced that C. Lamar Seats as the Deputy Assistant Secretary for the Office of Multifamily Housing Programs. Lamar brings more than 25 years of experience in commercial, market and affordable multifamily mortgage banking through his previous leadership roles with various lending institutions. Immediately before beginning his Federal career with HUD, Lamar was a Managing Director at M&T Realty Capital Corporation where he was responsible for multifamily agency loan production with FHA, Fannie Mae, and Freddie Mac. Prior to that, he was CEO of Bellwether Enterprise Real Estate Capital LLC, Senior VP of Enterprise Community Investment, Inc., and Senior VP of Reilly Mortgage Group, respectively.
The Senate also confirmed Brian Montgomery as commissioner of the Federal Housing Administration (FHA) with a vote of 74-23 on May 23, 2018. This marks Montgomery’s second term as FHA commissioner after he held the position under former President George W. Bush and for six months under President Barack Obama. Montgomery was also acting secretary of the U.S. Department of Housing and Urban Development.
