The Board of Directors for the Mortgage Finance Authority (MFA) controls and manages the activities of the MFA, and decides on the necessary policy framework and decisions required for the MFA's mandate and objectives.

Specifically, the Board may:

1. Make decisions and set regulations for the MFA on financial, technical, and administrative matters.
2. Set by-laws for the MFA personnel affairs to include rules for hiring, promotion, and transfer of personnel and salaries, allowances, incentives, and other related matters according to the basic rules, controls and guarantees stipulated in the civil employees system.
3. Take actions codified in article (42) pf the Real Estate Financing Law if there is a  breach of its provisions of the related decrees, if the stability of real estate financing is impaired, or the interests of the borrowers or shareholders in mortgage finance companies are endangered.
4. Approve the annual budget.
5. Consider any points proposed by the pertinent minister or chairman of the Authority that fall within the Authority’s mandate.
6. Review MFA progress reports and financial position.

  

Name	Title	Representative Entity
Mr. Osama Saleh	Chairman	Mortgage Finance Authority
Ms. Lobna Helal	Deputy Governor for banking Development Units	Central Bank of Egypt
Dr. Mohamed Housni Ali	Assistant to Minister of Justice for Real Estate Publicity Affairs	Ministry of Justice
Mr. Ashraf Abdel Tawab	Deputy General Manager for Investment & Treasury – Arab African International Bank	Ministry of Investment
Eng. Hussein El Gibaly	Chief of Housing & Utilities Sector – Ministry of Housing, Utilities and New Urban Communities	Ministry of Housing, Utilities and New Urban Communities
Eng. Hesham Talaat	President – Talaat Moustafa Group	Experts
Dr. Ahmed Ragei Anis	Professor of Concrete Construction, Faculty of Engineering – Cairo University	Experts