The Federal Housing Finance Agency (FHFA) has announced that Tracy Stephan has been named Chief Artificial Intelligence Officer (CAIO), and will continue to manage the FHFA Office of Financial Technology.
The FHFA’s CAIO will manage AI risk, promote AI innovation, and lead effective AI governance in accordance with Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence, as well as the related Office of Management and Budget Memo on Advancing Governance, Innovation, and Risk Management for Agency Use of AI.
“Establishing a Chief AI Officer underscores FHFA’s commitment to understanding new developments in technology and the marketplace and incorporating those insights into our day-to-day work,” said FHFA Director Sandra Thompson. “Through her role leading the Office of Financial Technology, Tracy has been a leader in FHFA’s work on AI and she is well prepared to lead this into the future.”
Stephan, a 25-year mortgage technology veteran, leads FHFA’s Office of Financial Technology. In this position, she leads a team tasked with assisting the Agency’s efforts to identify technology-driven advancements in housing finance, analyze the related risks, and enable the development of responsible innovation in FHFA-regulated firms.
She joined FHFA from Fannie Mae, where she held various positions spanning Enterprise Innovation, Data, Software Engineering, and Product Management. In these roles, she led difficult digital transformation efforts, oversaw mission-critical technology operations, and drove large-scale innovation. Stephan has a bachelor’s degree in decision science and information systems from George Mason University.
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