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DSN_March2023

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20 G O V E R N M E N T FEDERAL HOME LOAN BANK OF DALLAS ANNOUNCES APPOINTMENTS TO THE AFFORDABLE HOUSING ADVISORY COUNCIL e Federal Home Loan Bank of Dallas (FHLB Dallas) has appointed David Long to its Affordable Housing Advisory Council (Advisory Council) and the appointment of four current Advisory Council members. "I'm looking forward to meeting my fellow council members and getting to work," said Long, who brings more than 25 years of affordable housing finance experience to the Advisory Council. During the past 18 years, he has served as president of Austin, Texas-based Texas State Affordable Housing Corporation (TSAHC), where he was responsible for developing initiatives and policies to maximize the impact of statewide affordable housing programs. Long has worked with both single-family and multifamily housing, served as the Governor's liaison to the U.S. Interagency Council on Homelessness and helped launch TSAHC's Texas Supportive Housing Institute. "It's always great to welcome in fresh faces with fresh perspectives. David Long has a variety of experience that he offers the council, and we're excited to see this relationship grow," said Greg Hettrick, SVP and Director of Community Investment for FHLB Dallas. "We're also thrilled to see the reappointment of four members who have been excellent contributors to the Council." e following members were reappointed to the Advisory Council: Chris Monforton, representing Mississippi, will serve as the Advisory Council Chair. He serves a dual role as the CEO of Habitat for Humanity Mississippi Gulf Coast, and the CEO of Habitat for Humanity Baldwin County, Alabama, since 2006 and 2017, respectively. Monforton has worked for Habitat for Humanity since 1999. As CEO, he provides thought leadership and drives innovation in housing and community development in local markets as well as the larger Habitat network. Jeff Curry, representing New Mexico, has been elected to serve as the Advisory Council's Vice Chair. He has been the Director of Development for JL Gray Company for nearly 20 years. Curry manages the company's acquisition and development of new housing, as well as the rehabilitation of existing properties. JL Gray is a for-profit management and development organization that specializes in multifamily affordable housing, managing more than 150 properties in five states. In addition, it participates in affordable housing policy discussions at the state and federal level and helped create the Southwest Affordable Housing Group to foster relationships between affordable housing developers, managers and agencies. Jim Petty, representing Arkansas, is a veteran business owner and CPA. He is President and CEO of the Strategic Realty, which includes Strategic Realty Developers Inc. Since forming Strategic Realty in 2007, Petty has overseen the development and construction of more than $100 million in real estate transactions in Oklahoma and Arkansas. His companies develop, construct, manage, and provide consulting services in the affordable housing industry. ey have partnered with nonprofit agencies, housing authorities, community housing development organizations and other companies, providing various services needed to make affordable housing successful. Petty also is an Arkansas State Senator for District 29. Deborah Welchel, representing Texas, brings nearly 30 years of affordable housing knowledge to the Advisory Council. She currently serves as the Senior Development Director for Texas for Volunteers of America National Services, a subsidiary of Volunteers of America Inc. In her role, she analyzes markets, determines financial feasibility, assists with funding applications and lender/investor selections and oversees the construction draw process and permanent loan conversions. Welchel has served in many leadership roles during her career including Manager of Underwriting at the Texas Department of Housing and Community Affairs, Director for a Texas based Low-Income Housing Tax Credit developer, and VP of Asset Management for a property management company. e Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $89.6 billion as of September 30, 2022, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico, and Texas. L E N D E R S / S E R V I C E R S MARIANNE SULLIVAN TAPPED AS SAGENT COO Sagent has appointed Marianne Sullivan as COO to accelerate development of the company's cloud-native software that powers home ownership and loan servicing lifecycles for servicers, consumers, investors, and regulators. Sullivan will remain on Sagent's Board of Directors as she assumes an active operational role. "Marianne Sullivan joined Sagent's board in September 2020 to help architect our cloud- native software vision and multiyear execution plan," Sagent CEO Dan Sogorka said. "Phase one of that plan was to broaden the management team, renew and grow Sagent customer relationships, complete our landmark client/ partner deal with top U.S. servicer Mr. Cooper, and integrate the Mr. Cooper fintech team we acquired into Sagent. Phase two is for Marianne to lead rapid progress on our next-gen software platforms for America's intricate and highly regulated $13 trillion mortgage servicing sector. is will be the latest chapter in Marianne's career as a mortgage fintech pacesetter and scale execution specialist." Sullivan has led some of the biggest innovation milestones in mortgage and consumer finance. While at Fannie Mae, she led the creation and launch of two transformational initiatives: Collateral Underwriter, which enables instant verification of home valuations; and Day 1 Certainty, which enables the modern mortgage era with digital-native loan origination infrastructure and lender risk relief. Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com. Long Monforton Curry Petty Welchel

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