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MortgagePoint June 2024

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June 2024 » thefivestar.com 13 June 2024 M O V E R S & S H A K E R S "My top priority as a leader has always been to develop effective solutions and results for the people and communities I have been called to serve," said Fudge. "In my transition to life as a private citizen and attorney, it was important for me to land among professionals who are similarly dedicat- ed to solutions-driven work. Taft's core values, culture, leadership principles, and commitment to its clients strongly align with my personal values, as does its modern approach to service. I greatly look forward to collaborating with my new colleagues in my role as Partner and Chair of Public Policy, which I am hon- ored will allow me to return to my roots in Ohio, and maintain a strong presence in Washington, D.C." Fudge announced her resignation as Secretary of HUD back in March. As President-Elect, Joe Biden nominated Fudge as Secretary of HUD on Decem- ber 10, 2020. The U.S. Senate Committee on Banking, Housing, and Urban Affairs advanced her nomination by a vote of 17-7 on February 4, 2021, and she was con- firmed by the Senate as HUD Secretary on March 10, 2021, by a vote of 66-34. She was virtually sworn in by Vice President Kamala Harris on March 10, 2021, becom- ing the second African-American woman to serve as HUD Secretary. "I am personally very proud and excited for Taft with this announcement. Bringing someone of Secretary Fudge's stature and caliber is highly strategic for Taft," said Taft Chair and Managing Part- ner Robert J. Hicks. "She is a tremendous leader with an astute vision, impeccable integrity, and a deep passion for serving our nation's communities. Taft is very fortunate that she has selected this as her professional home. Secretary Fudge's service-oriented leadership and vast ex- perience will have an extremely positive impact on our clients and the communi- ties we serve." Fudge has deep roots in Ohio, having begun her career in public service in the Cuyahoga County, Ohio Prosecutor's Of- fice and having served as the first woman and first African American person elect- ed Mayor of Warrensville Heights, Ohio. From 2008-2021, Fudge served as the U.S. Representative for the 11th Congressional District of Ohio. She is also a former national president of Delta Sigma Theta Sorority, Incorporated, one of the nation's largest African-American sororities, and a past chair of the Congressional Black Caucus, or the CBC. It was there that she worked closely with Lacy M. Johnson, Partner-in-Charge of Taft's Washington, D.C. office and a member of President Biden's Export Council. "It is an honor and privilege to welcome Secretary Fudge to Taft," said Johnson. "What she has achieved in her career is inspirational, and her presence at Taft will be highly impactful for our clients and teams. On a personal level, I know firsthand that she is a great leader, who is insightful and collaborative in everything she does. Secretary Fudge knows how to bring people together–of- ten with disparate viewpoints and experi- ences–to accomplish goals and to serve the common good." FANNIE MAE WELCOMES NEW BOARD MEMBER Fannie Mae has announced that Dr. Diane N. Lye has been appointed to its Board of Directors. Dr. Lye brings years of technology and financial services expertise to the GSE's Board as it helps Fannie Mae fulfill its mission to facilitate equitable and sustainable access to homeownership and quality affordable rental housing across America. "We are very pleased to welcome Diane to the Fannie Mae Board of "My top priority as a leader has always been to develop effective solutions and results for the people and communities I have been called to serve." —Marcia L. Fudge, Partner and firmwide Chair of Public Policy, Taft

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