Armando Falcon is an expert on real estate markets, mortgage products, and financial services regulation. He previously served as the Director of the Office of Federal Housing Enterprise Oversight (OFHEO), the Federal regulator for two of the largest financial institutions in the world, Fannie Mae and Freddie Mac.

During Mr. Falcon’s 1999-2005 tenure, he transformed OFHEO (now the Federal Housing Finance Agency) from a small struggling agency into a strong respected regulator that was recognized by the Washington Post as a courageous and highly effective agency. Through his work at OFHEO, he is now credited with raising early warnings about the latent dangers in the US housing market. In 2003, he initiated an agency report on systemic risks in the mortgage market. He led an OFHEO investigation of financial misconduct at Fannie Mae and Freddie Mac, and initiated corrective measures to address structural deficiencies at both companies. He oversaw the introduction of higher standards for risk management, accounting and corporate governance.

Before his appointment as the Director of OFHEO, Mr. Falcon served as the General Counsel for the Committee on Banking and Financial Services of the U.S. House of Representatives. In that capacity, he was responsible for advising the Committee on all major financial issues, and drafting many key laws, including legislation regarding deposit insurance, regulatory reform, secondary mortgage markets, consumer protection, and government securities reform.

He remains a trusted advisor to senior government officials, and in 2009, he was selected by the Comptroller General of the Government Accountability Office to serve on the Comptroller General’s Advisory Board. In addition, he is a regular speaker at investor and business conferences around the world.

J.D., University of Texas School of Law M.P.P., Kennedy School of Government, Harvard University B.A., Political Science, St. Mary’s University