Stillman Knight Jr. has left the Department of Housing and Urban Development, where he was in charge of the FHA multifamily program, to join a nonprofit foundation that owns and rehabilitates affordable rental properties.Reba Cook is now the acting deputy assistant secretary overseeing the Federal Housing Administration multifamily program. Mr. Knight was a multifamily developer and builder before joining HUD in 2003. He starts his new job as executive vice president for the National Housing Partnership Foundation Aug. 8. Earlier this year, Mr. Knight was mentioned as a possible candidate for FHA commissioner, but the president chose White House staffer Brian Montgomery.
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The appointment of the mortgage veteran comes as the lender undergoes marketing and branding pivots, including its recent name change from Nexa Mortgage.
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