DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/1356469
16 TERESA BRYCE BAZEMORE NAMED PRESIDENT AND CEO OF THE FEDERAL HOME LOAN BANK OF SAN FRANCISCO FHLBank San Francisco announced that its board of directors has named Teresa Bryce Bazemore as the Bank's President and CEO. "We are extremely proud and pleased to have Teresa's leadership at the Federal Home Loan Bank of San Francisco," said Dan Siciliano, Chairman of the Bank's board of directors. "Teresa Bryce Bazemore has a wealth of executive experience in the housing finance industry and a passion for advancing economic prosperity for all, which will make her an invaluable asset to the Bank and the members and communities we serve. She understands our unique role in the housing finance sector, having recently served on FHLBank Pittsburgh's board of directors, and she shares our commitment to partnering with others to advance equitable and just affordable housing solutions." Bazemore, 61, has been a trailblazer in the mortgage banking industry. As a senior executive in the field, she brings more than 25 years' experience building and leading both mortgage insurance and services businesses. She served as President of Radian Guaranty from July 2008 until her retirement in April 2017, overseeing the strategic planning, business development, and operations of the mortgage insurance business line. Prior to becoming President of Radian, she served as the company's EVP, General Counsel, Corporate Secretary, and Chief Risk Officer. Previously, Bazemore was SVP, General Counsel, and Corporate Secretary for Nexstar Financial Corporation and served as General Counsel for the mortgage banking line of business at Bank of America. "It is an honor to have the opportunity to lead the Federal Home Loan Bank of San Francisco, which plays such a vital role in promoting homeownership, affordable housing, and economic development in partnership with our members," Bazemore Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com. Fannie Mae has appointed Simon Johnson and Christopher J. Brummer to its Board of Directors. eir vast expertise will complement Fannie Mae's Board of Directors at a time when the company remains focused on the safety and soundness of its business, while providing liquidity to the mortgage market and enabling affordable housing for millions of people across America. In addition, the Board term limit for Robert H. Herz was extended for three years, allowing him to serve on the Board through June 2024. "We're pleased to welcome both Simon and Christopher to Fannie Mae's Board of Directors," said Sheila C. Bair, Chairwoman of the Board, Fannie Mae. "ey are proven public policy leaders adding noteworthy financial technology, economic, and regulatory experience to our exceptional Board. I also want to thank Bob Herz for his continued service on our Board and the benefit of his counsel and audit expertise as we collectively guide Fannie Mae in its drive to create a stronger, more stable housing market." "Simon and Christopher bring deep economic, regulatory, and business expertise, enhancing our already talented and diverse Board and providing unique and valuable insights to Fannie Mae as we continue advancing our mission to sustainably serve homeowners and renters by providing liquidity to the residential mortgage market through all market cycles," said Hugh R. Frater, CEO, Fannie Mae. Johnson has served as a professor at the MIT Sloan School of Management since 1997. He is currently the Ronald A. Kurtz Professor of Entrepreneurship and head of the Global Economics and Management Group at the MIT Sloan School of Management. Johnson is also currently a research associate for the National Bureau of Economic Research, a private nonpartisan organization that facilitates cutting-edge investigation and analysis of major economic issues. Brummer is the Faculty Director of the Institute of International Economic Law and Agnes N. Williams Professor of Law at the Georgetown University Law Center, where he began teaching in 2009. Prior to that time, he served as an assistant professor of law at Vanderbilt Law School from 2006 to 2009 and as an academic fellow at the Securities and Exchange Commission's Office of International Affairs from 2008 to 2009. Prior to his position at Vanderbilt, Brummer was an attorney in private practice in New York and London from 2004 to 2006. Brummer is the founder of DC Fintech Week, a public policy conference on finance and technology, a co-founder of the Fintech Beat podcast and newsletter for CQ Roll Call, and the author of a number of publications. S P O T L I G H T P R O F I L E G O V E R N M E N T Fannie Mae Appoints Two Members to Board of Directors