NAR Statement on Joseph Gormley, Francis Cassidy, and Travis Hill Confirmations

WASHINGTON (December 19, 2025) - Today, Shannon McGahn, NAR executive vice president and chief advocacy officer, released the following statement on the confirmations of Joseph Gormley, president of Ginnie Mae; Francis "Frank" Cassidy, assistant secretary of housing and Federal Housing Administration (FHA) commissioner; and Travis Hill, chairperson of the board of directors designate at the Federal Deposit Insurance Corporation (FDIC):

"The confirmations of Frank Cassidy, Joseph Gormley, and Travis Hill bring experienced, steady leadership to some of the most critical pillars of our nation's housing finance system. FHA and Ginnie Mae play a central role in expanding access to homeownership, especially for first-time, low- and moderate-income buyers, and in maintaining stability across the mortgage market while the FDIC ensures reliability, security, and consumer protections in the banking industry. We look forward to working closely with Assistant Secretary Cassidy, President Gormley, and Chairperson Hill to strengthen these programs, ensure responsible access to credit, and advance policies that increase housing supply and affordability for families across the country," says Shannon McGahn.

NAR previously sent letters of support for the confirmations.

About the National Association of Realtors®

The National Association of Realtors® is involved in all aspects of residential and commercial real estate. The term Realtor® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics. For free consumer guides about navigating the homebuying and selling transaction processes - from written buyer agreements to negotiating compensation - visit facts.realtor.

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