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Armando Falcon Jr., Esq.

Self Description

October 2004: "Armando Falcon was confirmed as Director of the Office of Federal Housing Enterprise Oversight on September 29, 1999. As Director, he heads the Federal agency responsible for ensuring the financial health of Fannie Mae and Freddie Mac...With 158 VA medical centers (VAMCs) nationwide, VHA manages one of the largest health care systems in the United States. VAMCs within a Veterans Integrated Service Network (VISN) work together to provide efficient, accessible health care to veterans in their areas. The VHA also conducts research and education, and provides emergency medical preparedness.

Prior to this appointment, Mr. Falcon served for eight years on the legal staff of the Committee on Banking and Financial Services of the United States House of Representatives. Mr. Falcon joined the Committee in December of 1989 as Counsel and in 1991 was promoted to the position of Deputy General Counsel. In 1995, he was named General Counsel and served in that position until 1997.

Mr. Falcon advised the Committee on legal and policy issues within the Committee’s jurisdiction, including financial services, monetary policy, housing, financial crimes enforcement, and international finance. Mr. Falcon played a significant role in drafting legislation to restore the banking industry to financial health and protect the deposit insurance funds. He also worked on legislation to reform the government securities market and promote community development.

Prior to joining the Banking Committee, Mr. Falcon was an attorney in private practice. He also served as a law clerk to the Texas Attorney General from 1986-88. Additionally, he also worked as a legislative assistant to the Committee on Education of the Texas State Senate during the 1983 legislative session. In 1982, Mr. Falcon worked for the San Antonio Economic Development Foundation, helping promote the city to businesses considering relocation.

Mr. Falcon received a law degree from the University of Texas School of Law in 1988, a Master of Public Policy degree from the John F. Kennedy School of Government at Harvard University in 1985, and a Bachelor of Arts degree from St., Mary’s University in 1983. He is married and has two children. He was born in San Antonio, Texas on June 4, 1960."

Third-Party Descriptions


RoleNameTypeLast Updated
Student/Trainee (past or present) Kennedy School of Government, The John F. (KSG) Organization Jul 6, 2005
Organization Head/Leader (past or present) Office of Federal Housing Enterprise Oversight (OFHEO) Organization Jul 6, 2005
Student/Trainee (past or present) St. Mary's University - Texas Organization Jul 6, 2005
Employee/Freelancer/Contractor (past or present) US House of Representatives Organization Jul 6, 2005
Student/Trainee (past or present) University of Texas - Austin Organization Jul 6, 2005

Articles and Resources

Date Resource Read it at:
Oct 13, 2004 Justice Asks Fannie to Save Documents on Accounting

QUOTE: Fannie Mae, accused by regulators of manipulating earnings, said yesterday that the Justice Department has asked it to preserve records relating to its accounting practices as part of a criminal investigation.

Washington Post
Oct 06, 2004 Both Sides Critical At Fannie Hearing: CEO Denounces Regulator's Report, Methods

QUOTE: Fannie Mae's prime regulator said today that the giant mortgage company deliberately flouted accounting rules to project an image of smooth and relatively low-risk-earnings growth.

Washington Post
Sep 25, 2004 Regulator Says Fannie Resisted

QUOTE: ...Fannie Mae said it was cooperating fully with a federal examination of its accounting, its regulator says... the agency had to subpoena documents and witnesses and ask the Justice Department for help enforcing subpoenas.

Washington Post