Executive Vice President and Head of Multifamily, Fannie Mae – Washington, DC

Executive Vice President and Head of Multifamily, Fannie Mae – Washington, DC

The candidate is Fannie Mae’s Executive Vice President and Head of Multifamily, reporting to the President and Chief Executive Officer. He is responsible for all of the company’s multifamily business functions. The candidate began serving in this role in January 2012 as Senior Vice President. Previously, he was Senior Vice President – National Servicing Organization. The candidate was responsible for the company’s relationships with mortgage servicers and the retained attorney network, with a focus on curtailing credit losses. The candidate also led Fannie Mae’s Community Lending organization and was responsible for five business areas providing debt and equity financing to help increase and preserve the nation’s supply of affordable rental and for-sale housing. In this role, he managed the company’s overall relationship with the Housing Finance Agencies and worked closely with the National Council of State Housing Agencies and its members. Additionally, the candidate led this organization’s efforts to create housing for the homeless, invest in rural and Native American communities, and rebuild along the Gulf Coast. Since joining Fannie Mae in 1987, he has served as the company’s Senior Mortgage-Backed Securities Negotiator; Director of Marketing; Director of Quality Control; Vice President – Single-Family Risk Management in Washington, D.C.; Vice President – Single-Family Operations in the Northeastern Regional Office; Vice President – Single-Family Mortgage Business; and Senior Vice President – Single-Family National Business Center. Earlier in his career, the candidate was Vice President – Production at Star States Mortgage Corporation and Assistant Vice President – Residential Lending at Germantown Savings Bank. The candidate has a Bachelor’s degree in Business Management from Widener University.

Fannie Mae’s Multifamily Division is the leading source of financing and securitization for quality rental housing in the United States, in every market, for every income level, every day. Multifamily serves a wide spectrum of the market, including conventional, rent-restricted, cooperatives, seniors, student housing, and manufactured housing communities, and finances all loan sizes, from a $1 million single-asset loan to a $1 billion structured transaction facility. Fannie Mae’s multifamily business is executed through a Delegated Underwriting and Servicing (DUS ®) lender network and is the only risk-sharing model in the country.

Candidate ID: 125593

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