He also held positions earlier Newmark Knight Frank” Berkeley Point Capital And Oppenheimer & Co. Cassidy, located in Philadelphia, was an Honoree from 2025 for the Philadelphia Business Journal’s 40 Under 40 Award.
Bob Broeksmit, President and CEO of the Mortgage banking association (MBA), a status of support released for the nomination of Cassidy.
“MBA enthusiastically supports the appointment of the Trump government of Frank Cassidy to serve as an assistant secretary of housing and FHA commissioner,” said Broeksmit. “His extensive experience in real estate financing at Walker & Dunlop, Newmark and Oppenheimer & Co. Inc. offers him fascinating insights into how to make FHAs single-family and multi-family programs cheaper and more innovative and competitive.
“We will work with him, the Ministry of Housing and Urban Development (HUD) Secretary Scott Turner and HUD employees in the continuation of the meaningful reforms that increase the supply of houses, make it more affordable and take on the challenges and opportunities within the desk, including the modernization of IT. Systems and processes and trials and trials and trials and trials and trials and trials and trials and trials.
The FHA has been without a full-time commissioner since the departure of Julia Gordon, who served during the Biden administration, but left the role around the time of the presidential inauguration of Donald Trump in January.
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