in News > Residential Mortgage
print the content item


Faith Schwartz is leaving her role as executive director of HOPE NOW to become senior vice president of government solutions at Irvine, Calif.-based CoreLogic.

In her new role, Schwartz will lead and manage CoreLogic business relationships and execution with U.S. financial regulatory agencies, government-sponsored enterprises (GSEs) and other selected federal agencies. Her responsibilities will include thought leadership, policymaker education and managing the CoreLogic government business.

"Faith's considerable experience serves as the foundation for her deep understanding of the relationships binding government, consumers and the real estate and mortgage finance industry," says Ben Graboske, senior vice president of real estate and financial services, global sales and client strategy at CoreLogic. "Her broad industry knowledge and effectiveness as a business leader will help CoreLogic to further develop key relationships in government and strengthen our ability to successfully serve this important market. We are delighted to welcome her to this new leadership role."

Schwartz was the executive director of HOPE NOW, a nonprofit coalition created in 2007 at the request of former Treasury Secretary Henry M. Paulson Jr. to bring together servicers, lenders, investors, Federal Reserve Banks and the GSEs. In this role, she created and founded HOPE LoanPort, an independent nonprofit institution to provide a communication loan workout vehicle for borrowers, counselors and investors.

Prior to accepting the opportunity to lead the HOPE NOW Alliance in 2007, Schwartz led public affairs and enterprise risk management at Option One Mortgage Corp. During her career, Schwartz has also served as executive vice president for TMC Mortgage, chief operating officer for Fieldstone Mortgage, and as an advisor to Dover Mortgage LP. While at Freddie Mac, Schwartz served as director of alternative markets, structured transactions and national sales, where she was instrumental in developing some of the first data collection efforts supporting alternative markets.




Latest Top Stories

CFPB Selects Vendors And Lenders For Its Mortgage E-Closing Pilot

Five technology firms and seven lenders will participate in the CFPB's e-closing pilot, which will explore the viability of developing a standard process for closing mortgages using technology.


BofA To Pay Nearly $17 Billion To Resolve Mortgage Bond Probe

The agreement with the U.S. Department of Justice eclipses the $13 billion settlement JPMorgan Chase reached with federal and state authorities over similar allegations last November.


FHFA Seeks Feedback On Proposed Single Security For GSEs

The agency is requesting feedback from mortgage industry professionals on all aspects of the proposed single security structure and in particular, issues regarding the transition from the current system to a single security.


Ellie Mae To Buy AllRegs For $30 Million

"With the acquisition of AllRegs, Ellie Mae will expand its customer base and add a broad array of content and services that complement our portfolio of product offerings," says Sig Anderman, CEO of Ellie Mae.


Survey Shows ATR/QM Rules Are Negatively Affecting Approvals

In a survey of loan officers commissioned by the Federal Reserve Board, more than half said the CFPB's ability-to-repay/qualified mortgage rule has reduced approval rates for certain types of mortgages.

LenderLive_id1241
Hse SandyHook
Industry Resource
Orb Mobile
NAMFS_id1321
SWBC_id1313
Safeguard_id1322
FedHomeLoan_id1341