Nomination of Donald I. Hovde To Be a Member of the Federal Home Loan Bank Board

May 9, 1983

The President today announced his intention to nominate Donald I. Hovde to be a member of the Federal Home Loan Bank Board for the remainder of the term expiring June 30, 1985. He would succeed Richard T. Pratt.

Mr. Hovde is presently serving as Under Secretary of Housing and Urban Development. Previously he was national senior vice president to Partners Real Estate, Inc.; president and owner of Hovde Realty, Inc.; and president of 122 Building Corp. He served as president of the National Association of Realtors in 1979 and was president of the Greater Madison Chamber of Commerce in 1969.

He graduated from the University of Wisconsin at Madison (B.B.A., 1953). He is married, has five children, and resides in McLean, Va. He was born March 6, 1931, in Madison, Wis.