Paul Bognanno has joined the Federal Home Loan Bank of Des Moines as director of housing finance.

Bognanno will play a role in helping the Federal Home Loan Banks shape changes in the housing finance system, while supporting FHLB Des Moines members through mortgage programs, products and services.

He has over 40 years of mortgage experience, including 11 as president and chief executive officer of Principal Residential Mortgage Inc. in Des Moines.

In addition to PRMI, Bognanno was a senior officer at Radian Guaranty Inc., First Federal Savings Bank of Iowa and MERSCORP.

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