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News Release

FHFA's Principal Deputy Director Adolfo Marzol to Retire

Senior Advisor for Regulation Chris Bosland will be Promoted to Principal Deputy Director

FOR IMMEDIATE RELEASE
12/4/2020

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Principal Deputy Director Adolfo Marzol will retire on December 18, 2020. Chris Bosland, FHFA’s Senior Advisor for Regulation, will succeed Marzol as the Principal Deputy Director. 

“I cannot thank Adolfo enough for the work he has done, and we wish him well as he returns to retirement after nearly four years of public service at FHFA and the Department of Housing and Urban Development. He achieved a great deal at FHFA, including spearheading the Enterprise capital rule and playing a central role in the response to COVID-19. The U.S. housing finance market is clearly better off for his efforts,” said Director Mark Calabria. “Chris’ experience has been and will be an asset for FHFA. I am completely confident in his ability to hit the ground running in his new role.”

“I thank Director Calabria for the opportunity to serve at FHFA. By advancing his vision and direction, we were able to make the mortgage market safer and sounder. After finalizing the Enterprise’s capital rule, a key milestone on the path to responsibly ending the conservatorships, now is the right time for me to transition back into retirement,” said Marzol.   

Bosland joined FHFA in 2019 and has been integrally involved in the Agency’s efforts to enhance its capabilities as a world-class regulator. Prior to joining FHFA, he was Deputy Chief of Staff at the U.S. Department of the Treasury’s Office of the Special Inspector General for the Troubled Asset Relief Program. He previously was an attorney in private practice and has served as an economist at the Federal Reserve Bank of New York and as counsel and chief of staff to a former Director of the Federal Housing Finance Board. A graduate of Rutgers University, Bosland has a Master’s degree from Princeton and a law degree from Yale Law School.

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The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $6.6 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter, @FHFA, YouTube, Facebook, and LinkedIn.
Contacts:
Media: Raffi Williams Raffi.Williams@FHFA.gov / Adam Russell Adam.Russell@FHFA.gov
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